Clasp Group, Inc.

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Clasp Group, Inc. - overview

Established

2018

Location

Boston, MA, US

Primary Industry

Financial Services

About

Clasp Group, Inc. is a Dallas-based company offering innovative student loan repayment solutions by connecting graduates with employers who help repay their loans as part of employment agreements. Founded in 2018 and headquartered in Dallas, US, Stride Funding, Inc. provides financial solutions that connect students with employers willing to assist in repaying their student loans.


In March 2026, Clasp Group, Inc. raised USD 20 million in series B funding co-led by Digitalis Ventures and Crosslink Capital, with participation from Juvo Ventures and Strada Education Network. Tess Michaels serves as both the founder and CEO, bringing experience from previous ventures in the education sector. Clasp Group, Inc.


offers a high-retention recruiting platform designed to tackle the challenges of hiring in sectors facing talent shortages. Their core service connects students and graduates with employers who agree to aid in repaying student loans, facilitating access to education in critical fields while helping employers build a sustainable talent pipeline. Collaborations include partnerships with over 10,000 students and 1,140 educational programs across various geographical markets, with a strong focus on healthcare and skilled trades. Clasp Group, Inc.


's revenue model relies on partnerships with educational institutions and employers, creating a sponsorship program where employers contribute to students' loan repayments. This model benefits various clients, including universities and vocational programs, by enhancing their recruitment processes and improving student retention rates. The financial structure is based on B2B partnerships, ensuring a robust ecosystem for workforce sustainability. The company will use the March 2026 funding to scale operations and advance product development.


Current Investors

Slow, GSV Ventures, Sinai Ventures

Primary Industry

Financial Services

Sub Industries

Consumer Finance

Website

www.clasp.com

Verticals

FinTech, FinTech

Company Stage

Series B

Total Amount Raised

Subscriber access only

Clasp Group, Inc. - employee data

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