Clasp Secures Funding to Revolutionize Student Debt Solutions for Employers

We are thrilled to announce that Clasp, the innovative fintech company formerly known as Stride Funding, has successfully raised $15 million in its recent funding round, led by top venture capital firms committed to fostering meaningful societal change. Headquartered in Boston, MA, Clasp is on a mission to transform the talent acquisition landscape while simultaneously addressing the student debt crisis that affects millions of graduates. As a member of the esteemed Forbes Fintech 50 and a partner of SHRM (Society for Human Resource Management), Clasp provides employers with the tools to invest in their future talent strategically. The funding will enable Clasp to enhance its platform capabilities, expand its outreach to employers in critical sectors, and further develop innovative solutions that alleviate student loan burdens—promoting stronger connections between workers and workplace culture. By aligning employer interests with education costs, Clasp stands at the forefront of creating a more equitable and skilled workforce, emphasizing outcomes that matter most. This investment not only empowers organizations to attract and retain diverse and competent talent but also fosters a lasting commitment to social responsibility and economic equity. As we embark on this next phase, we are excited about the journey ahead and the opportunity to impact the education and employment landscape positively. Together, we can build a future where education is an accessible pathway to prosperity, and employers play an integral role in supporting their workforce—making Clasp a leading force in socially-responsive business practices.