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FutureFuel.io Raises $10 Million Series A1 Round From the Investment Arms of Established Financial Services Entities Led by UBS

Mar 03, 2021•over 4 years ago

Amount Raised

$10 Million

Round Type

series a

San Francisco

Description

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 Information

Company

Future Fuel.Io

Location

San Francisco, California, United States

About

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.

Funding Insights

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