SLOAN
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.
- Company typePrivate
- Founded2019
- HeadquartersSpirit Lake, United States
- Headcount1–10
- GTM typeB2C
- OfferingSoftware
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.
SLOAN firmographics
Firmographics- 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
SLOAN industry classification
Industry- 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
Where SLOAN is headquartered
LocationHeadquarters
- HQ city
- Spirit Lake
- HQ country
- United States
- HQ region
- North America
Markets served
SLOAN business model
Business model- GTM type
- B2C
- Offering type
- Software
SLOAN product offering
Product offeringCore 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
Companies that use SLOAN
Customer profileIdeal customer profiles1 record
SLOAN technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
SLOAN partnerships and signals
Strategic signalRecent moves2 records
Expansion highlights1 record
SLOAN competitors and assessment
Company assessmentBroad 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
SLOAN social profiles
Digital presenceSLOAN financial estimates
Financial estimateRevenue estimate
Valuation estimate
SLOAN leadership team
Management profileNumber of profiles
SLOAN funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SLOAN M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SLOAN
What does SLOAN do?
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.
When was SLOAN founded?
SLOAN was founded in 2019. It employs 1 to 10 people.
Where is SLOAN based?
SLOAN is headquartered in Spirit Lake, United States, in the North America region.
Who are SLOAN's main competitors?
Broad incumbents on record are SoFi and Navient. Direct peers are CommonBond, Earnest, Credible, Splash Financial, LendKey, Tuition.io and College Ave Student Loans. Edly is listed as an emerging player.
Does SLOAN have an API?
No public API is recorded for SLOAN.
What industry is SLOAN in?
SLOAN's product category is Student Loan Management. Its primary akta.pro industry code is FSAKAHAE, Student Loan Marketplace Lending, with a secondary code of FSAKAEAA, Federal Student Loans (Direct/FFEL/Perkins). Its NAICS code is 61171 and its SIC code is 6189.