Summer builds a workplace benefits platform that lets employers and governments give people personalized help with student-loan repayment, forgiveness, tuition, and retirement matching.

Founders

• Will Sealy · co-founder and CEO
• Paul Joo
• Vincent Tran

Business model

Summer charges employers a per-employee, per-month fee, with prices tiered by employer size, while end users access the benefit without paying a fee.

Total raised

$29M · as its sources put it, more than the rounds on record

Customers

Asurion, Banc of California, City of Alexandria, Virginia, New York City, City of Akron, City of Auburn, Washington, City of Strongsville, Ohio, Housing Works, LEARN Behavioral, Lutheran Social Services of Wisconsin & Upper Michigan, Quorum Health, Vita, Transformations Care Network, TechSmith, Mattress Firm, Fidelity, Credit Karma, American Diabetes Association