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The new funding values SoFi at $1.3 billion ahead of its upcoming IPO.
SoFi Raises $200 Million Led by Third Point Ventures, Kay Alexander, Edukwest
Since launching in 2011, SoFi has funded $450 million in loans to over 5,000 members.
SoFi Raises $80M, Led by Discovery Capital Management, Jonathan Shieber, TechCrunch
Co secured $90M in equity, $151M in debt, $200M in bank participations, & $30M from ECMC.
SoFi raises $500M to Fix the Broken Student Loan Market, Christina Farr, Venture Beat
Social Finance (SoFi) taps college alumni as a funding source for students loans.
SoFi Offers Loan Relief to Students of Stanford, 100 Other Schools, C. Farr, VentureBeat
This adds to the $77M raised in Sept '12. SoFi turns wealthy alumni into student loan lenders.
SoFi Raises $41 Million from Bancorp, Christina Farr, VentureBeat
Co-founder/CEO of SoFi, a startup with a new student loan model, has raised $77.2M.
SoFi's CEO: 'The Student Loan Market is Broken. Let's fix it.' Christina Farr, VentureBeat
SoFi lowers cost of college by linking high schoolers to wealthy alum who loan at lower rates.
Investors Bet $77M that a Startup Can Solve Student Debt Crisis, Christina Farr, Venture Beat
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