Summer: Funding, Investors & Team (Oct 2026)
Using tried-and-true technologies and a personal touch, Summer collaborates with large businesses, financial institutions, and unions to assist their populations in navigating and reducing student loan debt. Summer assists all borrowers on their individual debt journeys by adopting a comprehensive approach to financial well-being. Licensed B Corporation®, Summer We're established in New York City and are rapidly expanding to assist all borrowers in paying off their debt nationwide. Visit builtinnyc.com/company/summer to learn more.
Summer has raised $8.1M across 3 funding rounds on record, the most recent a Series A of $6.0M announced in Apr 2023.
That round is above the $5.0M median round size for Administrative Services companies tracked on FundedIQ over the last two years.
Summer Company Profile and Key Stats
Latest funding round on record: Apr 2023.
Summer Funding Rounds
Summer raised $100k in an undisclosed round announced in Jun 2020.
2.7 years later, an undisclosed round of $2.0M was announced in Feb 2023.
2 months later, a Series A of $6.0M was announced in Apr 2023.
Summer Founders and Leadership Team
Contact details for the Summer team: 2 of 2 have an email address on file.
Start 14-day free trial →Summer Funding Compared to Other Administrative Services Startups
Summer's latest round of $6.0M is above the median round in Administrative Services. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Summer in Administrative Services and New York
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Summer Funding FAQs
What does Summer do?
Using tried-and-true technologies and a personal touch, Summer collaborates with large businesses, financial institutions, and unions to assist their populations in navigating and reducing student loan debt. Summer assists all borrowers on their individual debt journeys by adopting a comprehensive approach to financial well-being. Licensed B Corporation®, Summer We're established in New York City and are rapidly expanding to assist all borrowers in paying off their debt nationwide. Visit builtinnyc.com/company/summer to learn more.
How much funding has Summer raised?
Summer has raised $8.1M across 3 rounds on record. The most recent is a Series A of $6.0M announced in Apr 2023.
When did Summer last raise funding?
Summer's most recent funding round on record is a Series A of $6.0M, announced in Apr 2023.
Who founded Summer?
FundedIQ lists Paul Joo (Founder) at Summer.
Who is the CEO of Summer?
Will Sealy is listed as CEO at Summer.
Where is Summer headquartered?
Summer is based in New York, United States.
How many employees does Summer have?
Summer is in the 11-50 employee band.
How does Summer's funding compare to other Administrative Services startups?
Summer's latest round of $6.0M is above the $5.0M median round size for Administrative Services companies on FundedIQ across 1,897 tracked companies over the last two years.
About FundedIQ's Summer 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 Summer is left off this page rather than filled in.
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