Sallie Mae

company

About

Sallie Mae is an American corporation that originates, services, and collects student loans.

  • 1001 - 5000

Details

Industries
Financial Services,Higher Education
Founded date
Jan 1, 1972
Number Of Employee
1001 - 5000
Operating Status
Active

Sallie Mae is an American corporation that originates, services, and collects student loans. The company’s service portfolio includes government guaranteed student loans, private student loans, K-12 loans, money market accounts, high yield savings accounts, insurance services, and college saving plans.


Sallie Mae operates servicing centers in Gilbert, Arizona; Indianapolis, Indiana; Muncie, Indiana; Mount Laurel, New Jersey; Wilkes-Barre, Pennsylvania; Killeen, Texas, Baguio, Philippines, and Whitewater, Wisconsin, as well as 71 other offices around the United States, and employs over 6600 individuals. The corporation is listed on both the Fortune 500 and the Forbes Global 2000.


Sallie Mae has also made numerous acquisitions that include Academic Management Corp, First Trust Financial, General Revenue Corporation, Student Assistance Corporation, Upromise, Nellie Mae, and more.


Sallie Mae was established in 1972 and is headquartered in Newark, Delaware, United States.

Investments

Number of Investments
Number of Lead Investments
3
1
Sallie Mae has made 3 investments. Their most recent investment was on Jun 24, 2021, when Deserve raised $50M.
Date Company Name
Round Money Raised Industry Lead Investor
Jun 24, 2021 Deserve
Series D $50M Credit
Nov 4, 2019 Deserve
Series C $50M Credit
Aug 27, 2018 Deserve
Series B $17M Credit Yes