Funding round
Prodigy Finance Growth
Reported as "Growth Equity"
Prodigy Finance, which works in international student loan financing in London, raised $310M in a Growth round announced on 8 Nov 2024. 1 firm took part. It is Prodigy Finance's fourth venture round on record; the one before was a Growth in Sep 2024.
$310M
Amount raised
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
Prodigy Finance did not disclose a valuation in this round. It came 2 months after Prodigy Finance's Growth. It is 27% of the $1.13B Prodigy Finance has raised in the venture rounds on record. No later venture round is on record for Prodigy Finance.
Prodigy Finance's funding rounds
Prodigy Finance has 4 venture rounds on record and 2 other deals. This one is highlighted.
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- backs 16 venture-backed companies new investor
Comparable rounds
How it compares
38 Growth rounds in Loans & Financing within a year either side disclosed an amount; the median was $61M, and this round was 5.1 times the median. The closest in time, other companies' Growth rounds in Loans & Financing:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Loans & Financing | 15 Nov 2024 | $86M | not disclosed | not named |
| Loans & Financing | 25 Nov 2024 | $75M | not disclosed | not named |
| Loans & Financing | 31 Dec 2024 | $230M | not disclosed | not named |
| Loans & Financing | 15 Oct 2024 | $184M | not disclosed | not named |
| Loans & Financing | 12 Dec 2024 | $144M | not disclosed | not named |
| Loans & Financing | 3 Oct 2024 | $50M | not disclosed | Performance Trust |
| Funding Societies Loans & Financing | 30 Dec 2024 | $25M | not disclosed | not named |
| Loans & Financing | 17 Sep 2024 | $617M | not disclosed | not named |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Prodigy Finance raise in its Growth round?
Prodigy Finance raised $310M in its Growth round, announced in Nov 2024.
Which investors took part in Prodigy Finance's Growth round?
U.S. International Development Finance Corporation.
What was Prodigy Finance's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Loans & Financing?
38 Growth rounds in Loans & Financing within a year either side disclosed an amount; the median was $61M, and this round was 5.1 times the median.