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EdAid - About the company

EdAid is a funded company based in London (United Kingdom), founded in 2011 by Tom Woolf. It operates as an Online lending marketplace for student loans.. EdAid has raised an undisclosed amount in funding. The company has 7 active competitors, including 3 that are funded. Its top competitors include companies like Prodigy Finance, Lendwise and PYT Funds.

Company Details

EdAid provides an online lending marketplace for student loans. It facilitates interest free loans to students from community for a time period of up to 10 years. Donors would get their money back in real terms in periodic repayments.
Website
edaid.com
Social
XFacebook
Registered Address
1 POULTRY,LONDON,ENGLAND,EC2R 8EJ
Key Metrics
Founded Year
2011
Location
Stage
Funding Raised
Ranked
8th among 12 competitors
Employee Count
11 as on Sep 30, 2026
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EdAid's funding and investors

EdAid has raised funding over 1 round.

Here is the list of recent funding rounds of EdAid:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 27, 2020
9365747
Conventional Debt
5973761
3784563
1875767
6486885
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EdAid's founders and board of directors

Founder? Claim Profile
The founders of EdAid is Tom Woolf.
Here are the details of EdAid's key team members:

EdAid's employee count trend

EdAid has 11 employees as of Sep 26. Here is EdAid's employee count trend over the years:
Employee count trend for EdAid
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EdAid's Competitors and alternates

Top competitors of EdAid include Prodigy Finance, Lendwise and PYT Funds. Here is the list of Top 10 competitors of EdAid, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Prodigy Finance
Prodigy Finance
2007, London (United Kingdom), Series C
Provider of credit products for students pursuing advanced academic degrees
$161M
68/100
2nd
Logo for Lendwise
Lendwise
2006, London (United Kingdom), Seed
Online P2P lending platform
$2.4M
-
42/100
3rd
Logo for PYT Funds
PYT Funds
2014, Washington, DC (United States), Seed
Merger of donation based crowdfunding and lending to finance college education
$700K
34/100
4th
Logo for Student Finance Wales
Student Finance Wales
2006, Durham (United Kingdom), Unfunded
Online marketplace offering education loans for students
-
-
25/100
5th
Logo for Edbridg
Edbridg
2019, London (United Kingdom), Funding Raised
Provider of income-share education financing
-
24/100
6th
Logo for Gyaan
Gyaan
2022, London (United Kingdom), Unfunded
Online AI-enabled decentralized platform offering educational loans to consumers
-
-
22/100
7th
Logo for StudentFunder
StudentFunder
2012, London (United Kingdom), Deadpooled
P2P platform for education loans.
$872K
21/100
8th
Logo for EdAid
EdAid
2011, London (United Kingdom), Funding Raised
Online lending marketplace for student loans.
-
-
21/100
9th
Logo for GraduRates
GraduRates
2012, London (United Kingdom), Deadpooled
Peer to peer loans for postgraduate study financing.
-
-
17/100
10th
Logo for Funds4Talents
Funds4Talents
2018, London (United Kingdom), Deadpooled
Online marketplace offering education loans for students
-
-
15/100
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EdAid's Investments and acquisitions

EdAid has made no investments or acquisitions yet.

Reports related to EdAid

Here is the latest report on EdAid's sector:

News related to EdAid

•
DIFC Academy and EdAid partnerTrade Arabia•Feb 24, 2021•EdAid, DIFC
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FAQs about EdAid

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