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Company profile: Summer

1.1 - Company Overview

Summer Logo

Summer

Headquarter: United States
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of an end-to-end student loan workplace benefit platform that helps employees navigate college costs and reduce debt with a personalized payment dashboard, payment notifications, student loan policy updates, and customized repayment plans, plus Summer Save for lower payments and forgiveness, Summer Boost for tax-free education contributions, and Summer Secure matching loan payments with retirement contributions under the Secure 2.0 Act.

Products and services

  • Summer Boost: A tax-free workplace benefit delivering employer contributions toward employees' education costs to improve recruitment and retention within Summer’s end-to-end platform
  • Summer Save: A policy-informed platform that helps employees lower student loan payments and pursue forgiveness via government repayment programs using personalized dashboards, payment notifications, policy updates, and customized repayment plans
  • Summer Secure: A Secure 2.0 Act-compliant component that architects employer retirement contributions matched to employees’ student loan payments, enabling retirement savings while repaying loans through Summer’s workplace benefit platform

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Summer

CreditXpert Logo

CreditXpert

HQ: United States Website
  • Description: Provider of advanced software solutions that empower mortgage loan officers, turning them from heroes into superheroes and helping make clients’ dreams of homeownership a reality.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full CreditXpert company profile →
Back2Credit Logo

Back2Credit

HQ: United Kingdom Website
  • Description: Provider of authorized debt solutions with over ten years of trading experience.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Back2Credit company profile →
Paul Alexander Logo

Paul Alexander

HQ: United Kingdom Website
  • Description: Provider of first-time buyer mortgages, finance, and insurance services, with specialist commercial lending solutions and bridging loans to cover short-term funding shortfalls and support property purchases.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Paul Alexander company profile →
Know Your Money Logo

Know Your Money

HQ: United Kingdom Website
  • Description: Provider of independent financial comparisons across a wide range of financial products, delivering clear, accurate and transparent comparisons to help users make informed decisions. Launched in 2004; does not offer financial advice.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Know Your Money company profile →
Best Egg Logo

Best Egg

HQ: United States Website
  • Description: Provider of a digital financial platform offering personal loans, the Best Egg Credit Card, financial health tools (budgeting, savings, credit monitoring), and a vehicle equity loan program for varied personal finance needs.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Best Egg company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Summer

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Buyer group 1: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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Buyer group 2: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Summer

2.2 - Growth funds investing in similar companies to Summer

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4 - Top valuation comps for Summer

4.2 - Public trading comparable groups for Summer

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4.3 - M&A Transactions similar to Summer

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Summer

What does Summer do?

Summer is a provider of an end-to-end student loan workplace benefit platform that helps employees navigate college costs and reduce debt with a personalized payment dashboard, payment notifications, student loan policy updates, and customized repayment plans, plus Summer Save for lower payments and forgiveness, Summer Boost for tax-free education contributions, and Summer Secure matching loan payments with retirement contributions under the Secure 2.0 Act.

Who are Summer's competitors?

Summer's competitors and similar companies include CreditXpert, Back2Credit, Paul Alexander, Know Your Money, and Best Egg.

Where is Summer headquartered?

Summer is headquartered in United States.

How many employees does Summer have?

Summer has 1,000 employees 🔒.

When was Summer founded?

Summer was founded in 2010 🔒.

What sector and industry vertical is Summer in?

Summer is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Summer

Who are the top strategic acquirers in Summer's sector and industry

Top strategic M&A buyers and acquirers in Summer's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for Summer?

Top strategic M&A buyers groups and sectors for Summer include █████████████████ , ████████████████, █████████████, ████████████, and ████████████████ 🔒.

Financial Investors investing in Summer's sector and industry vertical

Which are the top PE firms investing in Summer's sector and industry vertical?

Top PE firms investing in Summer's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in Summer's sector and industry vertical?

Active PE funds and buyout funds acquiring companies in Summer's sector and industry vertical include █████████, ██████████, ████████████, and ████████████ 🔒.

Who are the top growth equity funds investing in companies in Summer's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to Summer include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in Summer's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Summer?

The key public trading comparables and valuation benchmarks for Summer include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for Summer for public valuation benchmarks?

Our platform tracks detailed public trading comparable groups and valuation benchmarks for Summer with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in Summer's sector and industry vertical?

Our platform tracks relevant M&A transactions comparables and valuation benchmarks for Summer with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Summer's' sector and industry vertical?

Access recent funding rounds and capital raises in Summer's sector and industry vertical including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors and valuations.

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