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Clasp provides education financing using Income Share Agreements to fund students for college, coding bootcamps, and vocational programs, and also offers financial planning resources and employer partnerships. It works by giving funding in exchange for a share of the student’s future income for a set period, with repayments based on earned income rather than fixed payments. Clasp differentiates itself from traditional lenders by tying revenue to student outcomes through ISAs, emphasizing employer partnerships and a mission-driven approach to support inclusivity and success. Its goal is to help learners fund their education without heavy debt, improve career outcomes, and strengthen workforces by supporting funded graduates toward sustainable employment.
Industries
Data & Analytics
Fintech
Financial Services
Education
Company Size
51-200
Company Stage
Series B
Total Funding
$75.7M
Headquarters
Boston, Massachusetts
Founded
2018
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Total Funding
$75.7M
Above
Industry Average
Funded Over
6 Rounds
Industry standards
Health Insurance
Dental Insurance
Vision Insurance
Student Loan Assistance
401(k) Company Match
Commuter Benefits
Unlimited Paid Time Off
Flexible Work Hours
Remote Work Options
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Industries
Data & Analytics
Fintech
Financial Services
Education
Company Size
51-200
Company Stage
Series B
Total Funding
$75.7M
Headquarters
Boston, Massachusetts
Founded
2018
Find jobs on Simplify and start your career today