Edquity, the platform that provides emergency financial aid for students during times of need, has raised $2.6M in funding according to a recent SEC filing. The filing indicates that the total offer is for $3M, that there were six investors in this close, and that this transaction is structured as a convertible note. Investors in previous rounds include Omidyar Network, Queen City Fintech, Financial Solutions Lab, Stacked Capital, ECMC Foundation, Michelson 20MM Foundation, Lumina Impact Ventures, and Spring Point Partners. Founded by David Helene in 2016, Edquity has now raised a total of $6.8M in reported equity funding.
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