When was College Ave founded?

College Ave was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Where is College Ave located?

College Ave is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware.

How many employees does College Ave have?

As of May 31, 2026, the latest employee count at College Ave is 111.

Is College Ave a funded company?

College Ave is a funded company, having raised a total of $50M across 4 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Jan 27, 2016.

When was the latest funding round of College Ave?

College Ave's latest funding was a $***** Conventional Debt round on Mar 16, 2021, with participation from 0 investor. Its primary sector is Alternative Lending. In United States, the Alternative Lending sector has seen $5.11B in funding in 2026 to date.

Where does College Ave rank among its competitors?

College Ave ranks 4th amongst 28 active competitors, of which 7 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Tuition.io, which secured an undisclosed amount in Apr, 2025.

Who are the top competitors of College Ave?

College Ave's top competitors include Navient, Climb Credit and Credible Labs. Among them, Tuition.io secured the most recent funding round in April, 2025.

College Ave - 2026 Company Profile, Funding & Competitors

College Ave is an acquired company based in Wilmington (United States), founded in 2014. It operates as a Student loans marketplace. College Ave has raised $50M in funding from investors like Comcast Ventures, Fenway Summer Ventures and DW Partners. The company has 28 active competitors, including 7 funded and 9 that have exited. Its top competitors include companies like Navient, Climb Credit and Credible Labs.

Company Details

It offers undergraduate and post graduate student loans. Student need not be a full time student to obtain loan form College Ave. The minimum amount you can borrow is $2,000 and maximum can be upto 100% of the school-certified cost of attendance i.e. like tuition and fees, books and supplies, room and board, transportation and personal expenses. The College Ave Student Loan Product is made by Firstrust Bank, member FDIC.

Website: collegeavestudentloans.com
Social
Registered Address: Wilmington, Delaware

Key Metrics

Founded Year

2014

Location

Wilmington, United States

Stage

Acquired

Total Funding

$50M in 4 rounds

Latest Funding Round

Conventional Debt, Mar 16, 2021, $*****

Investors

Comcast Ventures & 6 more

Ranked

4^th among 28 active competitors

Employee Count

111 as on May 31, 2026

Investment & Acquisitions

Sparrow

Similar Companies

Auxilo & 161 more

Exit Details

Acquired by Thrivent (Sep 12, 2022)

View College Ave's full profile

College Ave is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
COLLEGE AVENUE STUDENT LOANS, LL CIN: 471566746 , United States, Active	Dec 31, 1999	-	98 (As on Dec 31, 2024)	-

College Ave got acquired by Thrivent on Sep 12, 2022.

Click here to take a look at College Ave's acquisition in detail

College Ave has raised a total funding of $50M over 4 rounds. Its first funding round was on Jan 27, 2016. College Ave has 7 institutional investors.

Here is the list of recent funding rounds of College Ave:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 16, 2021	2403830	Conventional Debt	3647716	5794722	4182221	8882022
Feb 21, 2019	1056073	Conventional Debt	5891216	5376290	2886651	Guggenheim Investments
Apr 13, 2017	5330432	Series C	3644006	1322762	Comcast Ventures	Leading Edge Ventures

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View details of College Ave's funding rounds and investors

College Ave's employee count trend

College Ave has 111 employees as of May 26. Here is College Ave's employee count trend over the years:

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Top competitors of College Ave include Navient, Climb Credit and Credible Labs. Here is the list of Top 10 competitors of College Ave, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Navient 2014, Wilmington (United States), Public	Provider of loans for students	-	Goldman Sachs, Hilltop Private Capital & 3 others	65/100
2nd	Climb Credit 2014, New York City (United States), Series A	Career training financing solutions for accessible and affordable education	$12.9M	Third Prime, New Markets Venture Partners ... & 17 others	65/100
3rd	Credible Labs 2014, San Francisco (United States), Acquired	An alternate lending platform for financing student loans and refinancing student loan debt.	$22M	Regal Funds Management, Runway & 18 others	64/100
4th	College Ave 2014, Wilmington (United States), Acquired	Student loans marketplace	$50M	Guggenheim Investments, Pivot Investment Partners ... & 5 others	58/100
5th	LendKey Technologies 2007, New York City (United States), Series C	Student & Home improvement loans online by local community lenders	$42.2M	TTV Capital, DFJ & 7 others	57/100
6th	Tuition.io 2011, Santa Monica (United States), Series B	Provider of student loan repayment and tuition assistance benefits	$14.4M	Wildcat Venture Partners, Atom Factory & 17 others	54/100
7th	Meritize 2016, Frisco (United States), Series B	Online education loans platform	$20.1M	Colchis Capital Management, Chicago Ventures ... & 13 others	43/100
8th	Futr 2013, Sioux Falls (United States), Funding Raised	Online education loan aggregation platform	-	Pariventures	39/100
9th	Edvisors 1998, Las Vegas (United States), Acquired	Scholarships & Student loans discovery platform	-	-	39/100
10th	Paytronage 2017, New York City (United States), Acquired	P2P platform for student finance	-	Forum Ventures, Innova Capital Partners & 1 others	37/100