Sparrow - About the company
Sparrow is a series A company based in New York City (United States), founded in 2020. It operates as a Comparison platform for student loans and student loan refinancing. Sparrow has raised $5.83M in funding from Sozo Ventures. The company has 8 active competitors, including 1 that is funded. Its top competitors include companies like Collegiatecu, Tuition Options and College Ave.
Company Details
Comparison platform for student loans and student loan refinancing. Offers comparisons for loans such as undergraduate loans, graduate loans, student debt refinancing, and more. Also offers tools for automating student loan savings.
- Website
- www.sparrowfi.com/
- Email ID
- *****@sparrowfi.com
- Phone Number
- +1 **********
- Registered Address
- 169 Madison Ave, 2313, New York, United States, 10016, NY
Key Metrics
Founded Year
2020
Location
New York City, United States
Stage
Series A
Total Funding
$5.83M in 1 round
Latest Funding Round
Investors
Ranked
1st among 8 active competitors
Employee Count
21 as on Mar 31, 2026
Legal entities associated with Sparrow
Sparrow is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SPARROW LABS INC. CIN: 001t000000vfSEuAAM , United States, Active | Sep 30, 2022 | - | - | - |
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Sparrow's funding and investors
Sparrow has raised a total funding of $5.83M over 1 round. Its latest funding round was a Series A round on Jan 13, 2022 for $*****. 5 investors participated in its latest round. Sparrow has 7 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Sparrow:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 13, 2022 | 8852751 | Series A | 9138215 | 1034907 | 5003184 | 6297180 |
View details of Sparrow's funding rounds and investors
Sparrow's founders and board of directors
Founder? Claim ProfileSparrow's employee count trend
Sparrow has 21 employees as of Mar 26. Here is Sparrow's employee count trend over the years:
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Sparrow's Competitors and alternates
Top competitors of Sparrow include Collegiatecu, Tuition Options and College Ave. Here is the list of Top 10 competitors of Sparrow, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Sparrow 2020, New York City (United States), Series A | Comparison platform for student loans and student loan refinancing | $5.83M | 38/100 | |
2nd | Collegiatecu 2025, East Lansing (United States), Unfunded | Provider of digital financial tools and resources for students | - | - | 30/100 |
3rd | Tuition Options 2004, Mount Laurel Township (United States), Funding Raised | Loan servicing and financing solutions for post-secondary schools | - | 27/100 | |
4th | College Ave 2004, Wilmington (United States), Funding Raised | Platform offering student loan solutions | - | 25/100 | |
5th | Nelnet Bank 2018, Draper (United States), Unfunded | Provider of private student loans, refinance options, and deposit accounts | - | - | 21/100 |
6th | ![]() Aurastotle 2024, San Francisco (United States), Unfunded | Platform offering financial solutions | - | - | 16/100 |
7th | EdvestinU 2013, Concord (United States), Unfunded | Providing private student loans and refinancing solutions | - | - | 16/100 |
8th | MyFedLoan Harrisburg (United States), Unfunded | Provider of student loan servicing and repayment plan management | - | - | 16/100 |
Looking for more details on Sparrow's competitors? Click here to see the top ones
Sparrow's Investments and acquisitions
Sparrow has made no investments or acquisitions yet.
Reports related to Sparrow
Here is the latest report on Sparrow's geography:
News related to Sparrow
•
•
CampusDoor and Sparrow Drive Digital Transformation In Private Student LendingBusiness Wire•Oct 19, 2022•Sparrow, CampusDoor
•
Student Loan App Sparrow Raises $7 Million For Bid To SimplifyForbes•Sep 20, 2022•Sparrow, Sozo Ventures, Sallie Mae, SoFi and 2 others
•
Fintech Firm Sparrow Obtains Mas Licence To Provide Digital Payment Token ServicesThe Business Times•Aug 01, 2022•Sparrow
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