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Venture Capital News: Summer Announces $9M in Funding

2024-04-08
NEW YORK, NY, Summer announced $9M in additional funding led by Rebalance Capital and SemperVirens.
Summer the only end-to-end workplace student loan solution that saves employees an average of $40k and is proven to reduce turnover by 20% -announced $9M in additional funding.The round was led by Rebalance Capital and SemperVirens, with participation from General Catalyst, QED, Flourish Ventures, Partnership Fund for NYC, Fenway Summer, and Gaingels. With the round, Summer plans to expand its leadership team, grow its Advisory Board, and further enhance its tech-based solution that makes it simple to implement a range of student loan and education assistance benefits.
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