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Summer

Summer

Private
New York City, New YorkFinTechhttps://www.meetsummer.com/

Last Round

Early Funding

Jul 1, 2025

Total Funding Raised

$57M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Summer is a financial technology company that provides a digital platform to help individuals and employees manage, reduce, and navigate student loan debt and education-related financial planning.

Sector

FinTech

Verticals

Personal Finance, Lending & Credit, HR, Vertical SaaS

Business Model

B2B2C

Customer Profile

Subscription SaaS

AI Layer

Non-AI

Keywords

student loan managementstudent loan forgivenessstudent loan repaymentworkplace benefitsemployee financial wellnessstudent debt reliefB2B SaaSstudent loan assistancefinancial wellness platformHR techstudent loan helpemployer-sponsored benefitsloan forgiveness toolsstudent loan automation

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Track how buyer interest and sentiment changes over time.

Summer Comparables

Compare Summer with similar companies based on industry and business-model similarity.

Summer comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Candidly
93%
Savi
89%
Tuition.io
83%

Summer Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Early FundingJul 1, 2025
Series A ExtensionApr 8, 2024
Series A ExtensionApr 26, 2023
Series ASep 27, 2019
SeedJan 1, 2018

Key People

Founding team and executive leadership

Will Sealy

Co-Founder & CEO

Founding Team

Ritu Tandon

Chief Operating Officer

Executive Team

Michael Scully

Chief Product Officer

Executive Team

Summer Investors

Notable investors and investment history

Summer investors
InvestorRounds
GaingelsSeries A Extension
Foundation CapitalSeed
Flourish VenturesSeries A Extension
SemperVirens Venture CapitalSeries A Extension
Rebalance CapitalSeries A Extension
Story VenturesSeries A, Seed, Series A Extension
General CatalystSeries A, Seed, Series A Extension

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jan 1, 2026

    Achieved Certified B Corporation status.

  • Jan 1, 2026

    Added ADP, City of New York, and Banc of California as customers.

Summer Filings

Explore SEC and related filing metadata, where available.

Summer filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Summer's valuation, stock price, and market status.

Is Summer a public or private company?

Summer is a private company.

What is the current stock price of Summer?

Summer is a private company with no public stock price. No recent secondary market data is available.

How much is Summer worth (valuation)?

Valuation information for Summer is not publicly available.

Can I buy Summer stock?

Summer shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Summer's last funding round?

Summer's most recent funding round was Early Funding on July 1, 2025.

Who are the main investors in Summer?

Key investors in Summer include SemperVirens Venture Capital, Rebalance Capital, General Catalyst, QED Investors, Viola Group.

Will Summer IPO soon?

No public IPO plans have been announced for Summer.

How can I track Summer secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Summer's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersNew York City, New York
Employee Range55
Year Founded2017
Last FundingJul 1, 2025

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