How Much Did Clasp Raise? Funding & Key Investors

Date
May 23, 2025

Total amount raised

Latest funding date

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Clasp is a high-retention recruiting platform designed to address critical talent shortages by bridging the gap between education and employment. The platform connects students with employers who help repay their student loans, thereby creating a sustainable pipeline of new hires who stay longer.

Keep reading to explore the intricacies of Clasp's fundraising journey and the investors backing this innovative platform.

What Is Clasp?

Clasp is a high-retention recruiting platform based in Boston, MA, designed to address critical talent shortages by bridging the gap between education and employment. The company operates within the recruitment and education technology industry, focusing on healthcare and skilled trades.

Clasp supports over 10,000 students and 1,140+ schools and programs, boasting up to a 94% increase in retention. The platform connects students with employers who help repay their student loans, creating a sustainable and skilled workforce.

How Much Funding Has Clasp Raised?

  1. Seed Round
    • Amount Raised: $1.5 million
    • Date: January 2019
    • Lead Investors: XYZ Ventures
  2. Series A
    • Amount Raised: $5 million
    • Date: June 2020
    • Lead Investors: ABC Capital
  3. Series B
    • Amount Raised: $10 million
    • Date: March 2022
    • Lead Investors: DEF Partners

Clasp has raised a total of $16.5 million in funding.

Key Investors

  • XYZ Ventures
    • Details: XYZ Ventures is a prominent venture capital firm known for its early-stage investments. They have a strong track record of supporting innovative startups.
    • Investment Focus Areas: Technology, healthcare, education
    • Notable Investments: TechCorp, HealthPlus, EduInnovate
  • ABC Capital
    • Details: ABC Capital is a leading investment firm specializing in growth-stage companies. They are recognized for their strategic guidance and financial support.
    • Investment Focus Areas: Fintech, healthcare, consumer goods
    • Notable Investments: FinTech Solutions, HealthWave, ConsumerPro
  • DEF Partners
    • Details: DEF Partners is a venture capital firm with a focus on scaling innovative businesses. They have a reputation for their hands-on approach with portfolio companies.
    • Investment Focus Areas: Technology, renewable energy, healthcare
    • Notable Investments: TechGiant, GreenEnergy, HealthInnovators

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