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Nelnet

CVC funding FinTech, EdTech, SaaS

Overview

Company Does Not Provide H-1B Sponsorship

Nelnet Ventures serves as the corporate venture capital and innovation arm of Nelnet, investing in early-stage and high-growth fintech, edtech, and SaaS startups with typical checks between $500,000 and $3 million. It combines funding with strategic support by leveraging Nelnet's operational expertise, industry relationships, and resources to help portfolio companies scale. Unlike independent VC firms, Nelnet Ventures aligns investments with Nelnet's core businesses and strategic interests, offering portfolio companies access to a large corporate network and potential integration opportunities. Its approach is to act as a strategic partner that helps startups achieve product-market fit and scale, while enabling Nelnet to explore new markets and stay ahead in technology related to its sectors. The firm’s goal is to foster innovation, expand Nelnet’s reach into new markets, and generate financial returns through its portfolio.

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About Nelnet

Simplify's Rating
Why Nelnet is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Enterprise SoftwareFintechEducation

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Lincoln, NE

Founded

1977

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Simplify's take

What believers are saying

  • NDS Canada added revenue in 2026, proving acquisitions still expand servicing scale.
  • Entab acquisition on October 5, 2026 expands Nelnet Education Technology internationally into India.
  • PayPal wallet payments and FACTS Compass broaden higher-margin products beyond student loans.

What critics are saying

  • Department servicing revenue fell again in Q3 2026 as federal borrower counts dropped.
  • Loan Servicing and Systems income fell to $12.5 million, pressuring a core profit engine.
  • Federal contract loss or commoditized servicing could hollow out Nelnet's largest scale advantage.

What makes Nelnet unique

  • Nelnet services $523.6 billion across 15.4 million borrowers as of September 30, 2026.
  • Nelnet combines fee-based loan servicing, payments, and education software under one platform.
  • Nelnet Ventures backs Midwest startups like Hudl and ALLO, reinforcing strategic sourcing.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Health Savings Account/Flexible Spending Account
  • Life Insurance
  • Disability Insurance
  • 401(k) Company Match
  • Unlimited Paid Time Off
  • Flexible Work Hours
  • Wellness Program
  • Tuition Reimbursement

Stock Price

Company News

Silicon Prairie News
Apr 3rd, 2026
Omaha's Grapple raises $1M to make data analytics accessible for nontechnical users

Omaha-based Grapple has raised $1 million in a pre-seed round led by Invest Nebraska and Nelnet, with participation from MOVE Venture Capital and Nebraska Angels. The startup develops an AI-powered platform that makes data analytics accessible to nontechnical users without requiring data engineering expertise. Founded in 2025 by Jack Sellwood, Grapple's software pulls information from various sources including databases, spreadsheets and apps like Salesforce and Quickbooks. The platform enables sales, marketing and finance teams to compile reports independently, saving businesses time and money. Grapple was recently accepted into California's LAUNCH Accelerator and has secured early customers including Nebraska startups Guardify and Workshop. The company will use the funding to expand its team, marketing efforts and go-to-market strategy whilst remaining based in Omaha.

Silicon Prairie News
Sep 6th, 2025
Cup of Coa raises $750K seed round

Cup of Coa, a Kearney-based gourmet cocoa brand, raised a $750k seed round led by Invest Nebraska, with participation from Nebraska Angels, Nelnet, and private investors. The funding will expand the team, operations, and reach, preparing for large-scale growth. CEO Jasmin McGinnis highlighted the company's innovative "add-water-only" cocoa formula and its presence in 34 states and five countries. The investment will also support new product offerings and marketing efforts.

We Are Green Bay
Aug 21st, 2025
CompanyCam Secures Strategic Growth Investment from B Capital

Series C transaction led by B Capital with participation from Decades Holdings, underscoring confidence in CompanyCam's durable growth and vision to transform how contractors work LINCOLN, Neb., Aug. 21, 2025 /PRNewswire/ -- CompanyCam, the leading job site productivity platform with field-ready AI, today announced a new strategic growth investment from B Capital through its Series C transaction. B Capital, now CompanyCam's largest external investor, and Decades Holdings join a distinguished group of top-tier growth investors, including Insight Partners, JMI Equity, Blueprint Equity, Nelnet, Invest Nebraska, and WndrCo.

Nebraska PGA
Jun 24th, 2025
Golf Fore The Troops Surpasses More Than $220,000 Raised in 19 Years

Lincoln, NE - Wilderness Ridge Country Club hosted 33 teams for the 19th Annual Golf Fore The Troops Pro-Am, presented by Nelnet.

Silicon Prairie News
May 16th, 2025
Set Your Sites raises $500K funding

Set Your Sites, a Lincoln-based camping technology startup, secured $500k in pre-seed funding. Led by Invest Nebraska, the round included Nelnet, MOVE Venture Capital, and Nebraska Angels. Co-founder and CEO Stacy Dam plans to use the funds for product development, staff expansion, and increasing their U.S. client base. The company, active in Nebraska and North Dakota, aims to integrate into 1,000 campsites by season's end.

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