Company Performance Metrics
- Tess Michaels: Founder & CEOPast Role: Vista Equity Partners, Private Equity Associate
Renée Mang: Vice President and Head of OperationsPast Role: Vemo Education, Co-Founder & Vice President, Originations & Servicing
Clasp is an outcomes-oriented company offering flexible funding products such as Income Share Agreements and Deferred Tuition Agreements that supplement student loans. Clasp (aka Stride Funding) and its founder have been recognized by Forbes, Harvard and MIT for its innovations and social impact. Stride has received venture investments from
Crosslink Capital; Graham Holdings, Firework, GSV, Slow Ventures, Sinai Ventures, and Pear VC; and its sponsors include Strada Education, Ascendium, and Silicon Valley Bank. Stride advisors include investors, serial entrepreneurs and industry leaders such as Deborah Quazzo, Brigette Lau, Tina Sharkey, Doug Levin, and Kevin Moss. During 2019-22, the funds under management grew from $10M to $150M. In September 2022, the company announced a partnership with Stanford Law School to empower students to pursue careers of impact and service.
