Pillar Raises $5.5 Million To Help People Pay Off Student Loans

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Venture capital firm Kleiner Perkins backed the company’s launch by leading its $5.5 million funding round. "People got very scared in 2008. Ara Oghoorian’s physician client base is in low-interest-rate student loans, but many of them are putting their extra funds toward paying off the principal ahead of. Share AIOIS.

Pillar, a company that is helping solve the student loan problem, announced it has raised $5.5 million in seed funding This round of funding was led by Kleiner Perkins with participation from Rainfall Ventures, Great Oaks VC, Financial Venture Studio, Kairos, red dog capital, and Day One Ventures.

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A new startup named Pillar, which aims to help students pay down loan debt, recently received $5.5 million in seed money from Kleiner Perkins, according to a report.

Pillar is backed by Kleiner Perkins, Rainfall Ventures, Great Oaks VC, Financial Venture Studio and Day One Ventures.