Clasp (formerly Stride Funding) operates a retention-driven recruitment platform that connects students and training-program graduates with employers who commit to repaying student loans in exchange for multi-year work commitments. The platform supports over 10,000 individuals and focuses primarily on healthcare roles—nurses, radiologic technologists, respiratory therapists—while also working with a large semiconductor employer. Clasp widens candidate pools via a national network of universities and training programs and aims to reduce recruitment costs for institutions by replacing signing bonuses and contract labor with committed hires. The company says its model drives long-term commitments between employers and employees and provides financial relief and job assurance to students. Clasp recently rebranded from Stride Funding; its new name was created by A Hundred Monkeys and its brand identity was developed by Mackey Saturday. The company plans to expand into other hard-to-hire industries as it grows.

Total raised

$10M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2024