- Headquarters
- New York, New York
- Founded
- 2017
- Business Model
- B2C
- Website
- withfrank.org
- Total Funding
- $15.5M
- Last Round
- $10.0M Series AJan 2018
- Rounds
- 2
- Acquired by
- JP Morgan Chase & Co.Sep 2021 · $175.0M
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 3 funding rounds and 3 investors for this company. The full record is or through the API.
About
Frank was a New York-based fintech/edtech startup that simplified the federal financial aid process for college students. The platform guided students through FAFSA completion, matched them with grants and scholarships, and offered student loan products. Founded in 2017 by Charlie Javice, Frank claimed to serve millions of college students before being acquired by JPMorgan Chase for $175 million in 2021. JPMorgan later sued the founder for fraud, alleging the customer data was fabricated.
Summary
Frank is a Fintech company based in New York, United States, founded in 2017. It has raised $15.5M in total across 2 rounds, most recently a $10.0M Series A round in Jan 2018. Investors include JPMorgan Chase, Slow Ventures and (ERA) Entrepreneurs Roundtable Accelerator.
Funding & Exit History
Sep 2021
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Funding: Seed through Series A. Amounts, valuations, and investors where available.
Investors
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