SaaS firm Candidly, the market’s most complete student debt and savings optimization software, has raised $20.5M in a Series B round led by Altos Ventures, with follow-on investment from Cercano Management. The Series B comes after a year of unprecedented growth for the company, which saw its revenue climb 10-fold and the number of payments processed through its platform increase by 3,600%.
Candidly Raises $20.5 Million to Help Millions of Americans Repay Student Debt and Build Savings