Financing education through Income Share Agreements
Company is closed
Event Year: 2019
Company is closed
Event Year: 2019
Blair aimed to revolutionize education financing through Income Share Agreements (ISAs), securing over $100 million in debt funding to support thousands of students across the United States. The company also raised $7.5 million in equity from prominent venture capitalists and unicorn founders, demonstrating strong early investor confidence. However, Blair was ultimately forced to sell its assets in 2022 due to significant regulatory shifts impacting the ISA landscape. Despite the closure, the team gained valuable insights and positively impacted numerous students' lives, leaving a legacy of innovation and social impact in the fintech and education sectors.
Blair aimed to revolutionize education financing through Income Share Agreements (ISAs), securing over $100 million in debt funding to support thousands of students across the United States. The company also raised $7.5 million in equity from prominent venture capitalists and unicorn founders, demonstrating strong early investor confidence. However, Blair was ultimately forced to sell its assets in 2022 due to significant regulatory shifts impacting the ISA landscape. Despite the closure, the team gained valuable insights and positively impacted numerous students' lives, leaving a legacy of innovation and social impact in the fintech and education sectors.
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2019
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2019
Fintech
Fintech
Fintech -> Credit and Lending
Fintech -> Credit and Lending
Team size: 10
Hiring: No
Team size: 10
Hiring: No
