FutureFuel.io Raises $10 Million Series A1 Round From the Investment Arms of Established Financial Services Entities Led by UBS
FutureFuel.io Raises $10 Million Series A1 Round From the Investment Arms of Established Financial Services Entities Led by UBS
03/03/21, 2:14 PM
Location
san franciscoMoney raised
$10 million
Round Type
series a
FutureFuel.io, a student loan repayment platform that helps borrowers pay down debt quickly and efficiently, today announced a $10 million Series A1 round, bringing its total Series A funding to $21.6M. This latest round was led by UBS, the world’s leading global wealth management firm, with additional participation from the investing arms of established technology, financial services, and insurance leaders, including new investor Aflac Ventures, and existing investors Fiserv, and Salesforce Ventures. Fiserv, Salesforce, and UBS are also customers of FutureFuel.io, leveraging the platform to address student debt within their workplace, as an employee benefit. All previous FutureFuel.io investors also participated in this round of funding, including Rethink Impact, Vulcan Capital, Breton, SixThirty, and the Impact Engine.
Company Info
Location
san francisco, california, united states
Additional Info
SAN FRANCISCO--(BUSINESS WIRE)--FutureFuel.io, a student loan repayment platform that helps borrowers pay down debt quickly and efficiently, today announced a $10 million Series A1 round, bringing its total Series A funding to $21.6M. This latest round was led by UBS, the world’s leading global wealth management firm, with additional participation from the investing arms of established technology, financial services, and insurance leaders, including new investor Aflac Ventures, and existing investors Fiserv, and Salesforce Ventures. Fiserv, Salesforce, and UBS are also customers of FutureFuel.io, leveraging the platform to address student debt within their workplace, as an employee benefit. All previous FutureFuel.io investors also participated in this round of funding, including Rethink Impact, Vulcan Capital, Breton, SixThirty, and the Impact Engine.