EDURain just inked a deal with real estate leasing agency STL CityWide, putting the startup into revenue for the first time. Financial details were not disclosed.
Bryon Pierson, EDURain CEO
“They agreed to do an event with us, and they also agreed to put all the properties and felt they agreed to take our renters insurance and tenant background checks from our third party providers,” CEO Bryon Pierson told the 4thEst8. “And they have paid us for sourcing students for them… people kept saying that we don’t have traction… we literally got the biggest leasing agency for students in St. Louis to say… ‘We need to go with you.’ “
EDURain is a fin-tech platform providing college-bound students a suite of financial tools, key of which is a mechanism to obtain a bridge loan to put a down payment on off-campus housing before the start of school, when student loans are dispersed.
The event Pierson mentioned will be on the campus of Washington University, St. Louis on Feb. 24th, with details forthcoming on his website and social media.
EDURain was founded in Nov. 2017, is headquartered in St. Louis, MO, and has five full-time employees. Pierson says he’s raised $92,000 from a variety of sources, including FF&F. EDURain participated in, or has been helped by, the Skandalaris Center, St. Louis Regional Chamber, Impact Ventures, Balsa Foundation, ITEN, Olin School of Business, I-Corps., SLU Research, Spark! and Maryville University.
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On the 4thEst8:
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