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ACQUIRED COMPANY
 
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Earnest  Acquired by Navient (2017 $ 155,000,000 )

303 2nd St, 4th Floor
San Francisco, CA 94107
USA
(888) 601-2801
Website Company Summary Management Team
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Company

Business description: Earnest is a merit-based lender with a different approach to personal lending and credit – they offer loans based on your achievements and potential capabilities along with your financial profile. These loans allow you to reach the important milestones in your life, like moving for that perfect job, planning your dream wedding, or the security deposit for your new apartment. Earnest looks beyond our clients' credit scores and into their whole educational, employment, and financial background in order to assess your true risk profile. We do this quickly and easily using our proprietary technology which is more convenient for our clients, saving us time, and you money – this is what enables us to deliver such low rates.
Capital

Rounds: 4
Recent Fundings: Mar 2017   Nov 2015
Capital raised: 119.1M
Last Round: 20.0M
Ownership: Acquired by Navient (2017 $ 155,000,000 )
Corporate investors: New York Life Insurance Company

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Overview
Record updated: Jun 2020
Sector: Internet
Year Founded: 2013
Headcount: 151-200 as of Jun 2020
Rounds: 4
Recent Fundings: Mar 2017   Nov 2015
Capital Raised: 119.1M
Last Round: 20.0M
Ownership: Acquired by Navient (2017 $ 155,000,000 )