Yelo Funding offers a college financing solution that uses Income Share Agreements (ISAs) to fund tuition, room and board. The company ties payments to graduates' earnings, with payments limited in time and capped at a maximum dollar amount. Yelo positions its product as a socially responsible alternative to long-term private student loans, aiming to reduce repayment burdens and improve access to higher education. It also seeks to help students choose degree programs with favorable career outcomes by aligning financing with employment status after graduation. Led by Founder and CEO Daniel Rubin, the startup plans to launch operations in select markets using the recently raised capital.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Apr 2023