SLOAN

What SLOAN does

SLOAN is a Spirit Lake, Iowa-based for-profit company founded in 2019, described in firmographic sources as operating in student loan management and crowdfunding under the domain SloanApp.com. Its stated proposition appears to combine two consumer-finance functions: helping borrowers manage student loan obligations and operating a crowdfunding mechanism, likely to refinance or fund those obligations. The company is private, with 1-10 employees per firmographic data and a single capital event on record — a $525,000 funding round closed on 2020-07-01 with undisclosed investors and lead. No product, technology, pricing, team, customer, or partnership data is available in the source material, and there are no public disclosures of revenue, ARR, or active users.

The company's primary web asset, SloanApp.com, is currently listed for sale on HugeDomains at $1,995 (or $83.13/month over 24 months), which is the only verifiable signal about its current operating status. The absence of an active product website, the absence of any documented team, and the listing of the brand domain for sale together suggest that SLOAN is either dormant, has wound down operations, or has effectively abandoned its original go-to-market footprint. There is no evidence of acquisitions, follow-on funding, product launches, regulatory engagements, partnerships, or geographic expansion beyond the initial 2019 founding and 2020 seed round. Any investor or acquirer evaluating the entity would need to treat the brand and any residual customer relationships as the only potentially recoverable assets, with operational reconstruction required from a near-zero base.

Name

SLOAN

Website

https://sloanapp.com

Company type

Private

Founded year

2019

Headcount range

1–10 employees

Short description

SLOAN is a Spirit Lake, Iowa-based company founded in 2019 that operated in student loan management and crowdfunding under the SloanApp.com domain. Its sole funding event was a $525,000 round in July 2020; the domain is now listed for sale on HugeDomains.

Ownership category

akta.pro rank

Product category

Student Loan Management

NAICS

Educational Support Services (61171)

SIC

Asset-Backed Securities (6189), Loan Brokers (6163)

akta.pro primary industry

Student Loan Marketplace Lending (FSAKAHAE)

akta.pro secondary industry

Federal Student Loans (Direct/FFEL/Perkins) (FSAKAEAA)

Keywords

• Student loan management
• Loan crowdfunding platform
• Student debt refinancing
• Peer-to-peer lending
• Education finance app

Headquarters

HQ city

Spirit Lake

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Software

Core offering

SLOAN was a student loan management and crowdfunding platform delivered through its app (sloanapp.com). The offering combined personal student loan portfolio management with a crowdfunding component for funding education debt. No detailed feature set, user flows, or product specifications are available in the source material, and the company's web property is no longer an active product site.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Expansion highlights1 record

Broad incumbents

• SoFi: Large incumbent that originated as a student-loan refinancer and now offers a broad suite of consumer lending, banking, and invest products. Directly comparable to Sloan's student-loan target customer, but operates at vastly greater scale and with balance-sheet funding.
• Navient: Large student-loan servicer and originator with deep regulatory and operational infrastructure. Relevant comparable for any student-loan management product, particularly for compliance and servicing complexity benchmarks.

Direct peers

• CommonBond: Student-loan refinance and new-loan lender serving the same borrower profile Sloan targeted, with a social-mission framing that overlaps Sloan's crowdfunding/community angle.
• Earnest: Direct competitor in student-loan refinancing with a tech-forward underwriting model; now part of Navient's broader consumer lending portfolio. Closely comparable product and customer segment.
• Credible: Loan marketplace that aggregates student-loan refinance offers from multiple lenders — comparable to Sloan's marketplace/crowdfunding orientation as an intermediary between borrowers and capital providers.
• Splash Financial: Student-loan refinance marketplace working with credit unions and lenders; comparable to Sloan as a non-balance-sheet intermediary in the student-loan space.
• LendKey: Operates a lending marketplace with a community-focused, credit-union-powered model; analogous to Sloan's intended model of pooling external capital to fund student borrowers.
• Tuition.io: Student-loan management and repayment platform (originally employer-focused 401(k)-style student loan benefit). Closely comparable on the 'Student Loan Management' half of Sloan's value proposition.
• College Ave Student Loans: Online student-loan originator and refinancer targeting the same borrower demographic as Sloan, with a pure-play focus on education finance.

Emerging players

• Edly: Income-share agreement (ISA) platform that funds education through an alternative-financing model. Comparable as a non-traditional, community-aligned capital structure for education — the same conceptual territory Sloan was exploring with crowdfunding.

Market position

Strengths2 records

Weaknesses3 records

Competitive moat2 records

Key risks5 records

Key highlights3 records

Customer concentration

• Xx.com/sloanapp
• Facebookfacebook.com/sloanapp
• LinkedInlinkedin.com/company/sloanapp

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SLOAN