SoFi

company

About

SoFi is a finance company that offers a range of lending and wealth management services.

Details

Last Funding Type
Series F
Last Funding Money Raised
$500M
Industries
Financial Services,FinTech,Life Insurance,Wealth Management
Founded date
Aug 1, 2011
Number Of Employee
1001 - 5000
Operating Status
Active
Stock Symbol
nasdaq:SOFI
Legal Name
Social Finance, Inc.
Also Known As
Social Finance
Investor Type
Entrepreneur Program

SoFi is a finance company that offers a range of lending and wealth management services. The company primarily caters to early-stage professionals and offers variable and fixed rate parent, personal, and MBA loans, mortgage refinancing, and more. They create modern financial products and services that help people borrow, save, spend, invest, and protect their money better so that they can achieve financial independence and realize their ambitions from owning a home to saving for retirement, paying off their student loans, and more.

It was founded in 2011 and is headquartered in San Francisco, California.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
20
$5.37B
SoFi has raised a total of $5.37B in funding over 2 rounds. Their latest funding was raised on Jun 1, 2021 from a IPO round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 1, 2021 IPO $2.40B Detail
Jan 7, 2021 Series Unknown $369.84M Detail
Dec 25, 2020 Secondary Market 2 Detail
Sep 20, 2019 Secondary Market Detail
Sep 1, 2019 Series Unknown 2 Detail

Investments

Number of Investments
Number of Lead Investments
8
1
SoFi has made 8 investments. Their most recent investment was on Apr 13, 2021, when Wage raised $5M.
Date Company Name
Round Money Raised Industry Lead Investor
Apr 13, 2021 Wage
Seed $5M Developer APIs
Jul 27, 2020 Indigo Diabetes
Series B €38M Diabetes
Jun 6, 2019 Partake Foods
Seed $1M E-Commerce
Feb 13, 2018 BlockFi
Seed $1.55M Bitcoin
Jan 21, 2016 PieSync
Series Unknown $1.60M Apps Yes

Employee Profiles

Number of Employee Profiles
48
SoFi has 48 current employee profiles, including Employee John Dietz
Employee
Executive
Executive
Executive
Employee

Exits

SoFi has had 4 exits. SoFi most notable exits include Biotalys ,   PieSync

Date Company Name Exit Type Industry
Jul 2, 2021 Biotalys IPO Agriculture Detail
Nov 4, 2019 PieSync M&A Apps Detail
Oct 31, 2018 Porphyrio M&A Computer Detail
Oct 11, 2018 CoScale M&A Enterprise Software Detail

Acquisition

SoFi has acquired 6 organizations. Their most recent acquisition was Zenbanx on Feb 1, 2017. They acquired Zenbanx for $100M.

Date Company Name
Industry Acquisition Type Price
Feb 1, 2017 Zenbanx
Banking acquisition $ 100M Detail
Apr 1, 2019 Lantern Credit
Credit Detail
Banking acquisition $ 1.20B Detail
Apr 21, 2020 8 Securities
Financial Services acquisition Detail
Banking acquisition $ 22.30M Detail