Tuesday, November 17, 2015

Maveron Backed Earnest Raises $275M For Student, Personal Loans

Earnest, a fintech startup which is backed by Maveron, which offers up student loan refinancing, personal loans, and other services, said today that it has raised $275M in financing. The funding included $75M in a Series B equity financing, led by Battery Ventures and also included Maveron and Adams Steet Partners, as well as $200M in institutional lending from New York Life and others. San Francisco-based Earnest was first incubated by Maveron. Dan Levitan of Maveron is on the board of Earnest. More information »