FundedIQ
Education

Clasp: Funding, Investors & Team (Oct 2026)

Clasp is a company focused on achieving positive outcomes through flexible funding options like Income Share Agreements and Deferred Tuition Agreements in addition to student loans. Stride, the company and its founder, have been praised by notable organizations like Forbes, Harvard, and MIT for their innovative approach and social impact. Stride has secured investments from various venture capital firms like Graham Holdings, Firework, and GSV, as well as sponsorship from Strada Education, Ascendium, and Silicon Valley Bank. Their team of advisors includes experienced investors, successful entrepreneurs, and industry experts like Deborah Quazzo, Brigette Lau, Tina Sharkey, Doug Levin, and Kevin Moss. From 2019 to 2022, funds under management have grown significantly from $10M to $150M. In September 2022, Stride announced a partnership with Stanford Law School to assist students in pursuing impactful and service-oriented careers.

www.stridefunding.com LinkedIn Boston, United States 51-100 employees
Total raised
$62.1M
Rounds
4
Latest
Undisclosed round
Sep 2024

Clasp has raised $62.1M across 4 funding rounds on record, the most recent an undisclosed round of $10.0M announced in Sep 2024.

That round is above the $1.6M median round size for Education companies tracked on FundedIQ over the last two years.

Clasp Company Profile and Key Stats

Total funding raised
$62.1M
across 4 rounds on record
Funding rounds on record
4
Latest funding round
Undisclosed round
$10.0M in Sep 2024
Employees
51-100
reported band
Headquarters
Boston, United States

Latest funding round on record: Sep 2024.

Clasp Funding Rounds

Date
Round
Amount
Undisclosed round
$10.0M
Undisclosed round
$10.1M
Series A
$12.0M
Debt Financing
$30.0M

Clasp raised $30.0M in a Debt Financing announced in Oct 2021.

2 months later, a Series A of $12.0M was announced in Dec 2021.

2.3 years later, an undisclosed round of $10.1M was announced in Apr 2024.

5 months later, an undisclosed round of $10.0M was announced in Sep 2024.

Clasp Founders and Leadership Team

Name
Role
Contact
Tess Michaels
Founder
Locked

Contact details for the Clasp team: 1 of 1 has an email address on file.

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Clasp Funding Compared to Other Education Startups

Segment
Companies
Median round
1,474
$1.6M
30,234
$7.6M

Clasp's latest round of $10.0M is above the median round in Education. Medians cover the last 24 months of disclosed rounds.

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Clasp Funding FAQs

What does Clasp do?

Clasp is a company focused on achieving positive outcomes through flexible funding options like Income Share Agreements and Deferred Tuition Agreements in addition to student loans. Stride, the company and its founder, have been praised by notable organizations like Forbes, Harvard, and MIT for their innovative approach and social impact. Stride has secured investments from various venture capital firms like Graham Holdings, Firework, and GSV, as well as sponsorship from Strada Education, Ascendium, and Silicon Valley Bank. Their team of advisors includes experienced investors, successful entrepreneurs, and industry experts like Deborah Quazzo, Brigette Lau, Tina Sharkey, Doug Levin, and Kevin Moss. From 2019 to 2022, funds under management have grown significantly from $10M to $150M. In September 2022, Stride announced a partnership with Stanford Law School to assist students in pursuing impactful and service-oriented careers.

How much funding has Clasp raised?

Clasp has raised $62.1M across 4 rounds on record. The most recent is an undisclosed round of $10.0M announced in Sep 2024.

When did Clasp last raise funding?

Clasp's most recent funding round on record is an undisclosed round of $10.0M, announced in Sep 2024.

Who founded Clasp?

FundedIQ lists Tess Michaels (Founder) at Clasp.

Where is Clasp headquartered?

Clasp is based in Boston, Massachusetts, United States.

How many employees does Clasp have?

Clasp is in the 51-100 employee band.

How does Clasp's funding compare to other Education startups?

Clasp's latest round of $10.0M is above the $1.6M median round size for Education companies on FundedIQ across 1,474 tracked companies over the last two years.

About FundedIQ's Clasp Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Clasp is left off this page rather than filled in.

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