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LendLayer
http://lendlayer.com/Last activity: 08.08.2015
Probably Closed - Reference to HugeDomains
There’s a new wave of software development education programs known as bootcamps.
These bootcamps are extremely competitive, with their students getting amazing careers at TOP companies paying over $150K, within 4 months of the program.
The problem is, most students are fresh out of academia or are transitioning between careers, and almost half of these students getting into programs can’t pay the $10-20K up front for tuition.
We found that students at these programs had tried going to banks and peer-to-peer lending services like Lending Club and Prosper, but were eventually turned down after a long and arduous application process.
The best schools try to help their students, but are in great need of cash flow themselves in order to grow at 2-3x per annum.
LendLayer helps businesses grow.
These bootcamps are extremely competitive, with their students getting amazing careers at TOP companies paying over $150K, within 4 months of the program.
The problem is, most students are fresh out of academia or are transitioning between careers, and almost half of these students getting into programs can’t pay the $10-20K up front for tuition.
We found that students at these programs had tried going to banks and peer-to-peer lending services like Lending Club and Prosper, but were eventually turned down after a long and arduous application process.
The best schools try to help their students, but are in great need of cash flow themselves in order to grow at 2-3x per annum.
LendLayer helps businesses grow.
Overview
Employees
51-200
Founded date
2014
Mentions in press and media 7
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Aug 5, 2015 | Affirm Acquires Coding Bootcamp Lending Startup LendLayer | Affirm has completed a talent acquisition of LendLayer, a startup that provides lending for accelerated learning programs like Hackbright Academy. LendLayer partnered with a number of accelerated learning schools like Coder Camps and the Ne... |
| Aug 20, 2014 | Startup Institute Alumni Raise $400K to Help Others Afford Alternative Learning | When Sebastian Fung enrolled in the Startup Institute, he had dreams of starting his own company. He left his comfortable finance job at PricewaterhouseCoopers, and moved from Toronto, Canada, to Boston in hopes of finding a co-founder — a ... |
| Aug 19, 2014 | Funding Daily: Face the music | In case you didn’t hear today, Steve Ballmer is no longer sitting on the board of Microsoft, the tech giant where he was chief executive for 14 years. Basketball calls, apparently. At least on the outside, the departure doesn’t seem to have... |
| Aug 19, 2014 | Funding Daily: Face the music | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! In case you didn’t hear today, Steve Ballmer is n... |
| Aug 19, 2014 | Startup raises $400k for providing hard-to-get loans to software bootcampers | “Bootcamp” schools for teaching programming are receiving billing as career boosters for all kinds of people, but they come with a startling variable — tuition ranging from $10,000 to $20,000 for 12 weeks. Now, a new startup is hoping to co... |
| Aug 19, 2014 | Startup raises $400k for providing hard-to-get loans to software bootcampers | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! “Bootcamp” schools for teaching programming are r... |
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FAQ about LendLayer
When was LendLayer founded?
LendLayer was founded in 2014.
What has the press written about LendLayer?
Parsers VC has collected 7 articles mentioning LendLayer, among them “Affirm Acquires Coding Bootcamp Lending Startup LendLayer” (Aug 5, 2015) and “Startup Institute Alumni Raise $400K to Help Others Afford Alternative Learning” (Aug 20, 2014).
Is LendLayer still active?
LendLayer is probably closed: its latest activity on Parsers VC dates from Aug 8, 2015.