Meadow – a company that powers modern student financial services for universities that clarify and simplify the financial experience for students to improve economic mobility in the US through higher education – announced it raised $14 million in Series A funding. The $14 million Series A will advance the expansion of their student financial services platform for colleges and universities. This round was led by Matrix Partners, with participation from existing backers including Susa Ventures, Giant Ventures, Treble Capital, and GoGlobal Ventures. This funding round brings Meadow’s total funding to over $20 million.
During a time when colleges and universities are navigating historic financial pressure and growing regulatory uncertainty, Meadow helps institutions modernize how they communicate costs, collect tuition, and support students through every stage of their financial journey. With its college and university partner list growing rapidly in the last year, Meadow’s platform now includes three integrated solutions that improve institutional financial health and simplify the student financial experience from application through graduation.
About 59% of students consider dropping out due to financial stress. Meadow believes it can reverse this trend by partnering with institutions to improve price transparency and modernize student financial experience. And by giving students a clear understanding of what they’ll pay and providing tools to manage tuition over time, Meadow helps them to stop stressing about finances and instead plan for the future.
The platform includes:
- Meadow Price – An advanced Net Price Calculator that delivers personalized estimates of the actual cost of college after aid. The tool has delivered nearly 1 million estimates to students, revealing an average cost over 40% less than the sticker price.
- Meadow Pay – A mobile-first, integrated billing and payments solution that combines personalized communications, clear digital bills, and flexible payment plans, increasing on-time payments, improving families’ financial experience, and increasing institutions’ cash flow.
- Meadow Pre – A student accounts receivable solution that helps schools recover past-due balances through scalable, personalized outreach and no-barrier payments, reducing reliance on collections and supporting re-enrollment.
Meadow now works with over 170 colleges and universities of all sizes across the U.S., including Gonzaga University, UC San Diego, University of Wisconsin-Madison, and Penn State.
With tuition and fees remaining the primary revenue source for most institutions, Student Financial Services offices are being asked to manage increasingly complex funding models, often with caseloads of over 1,000 students per staff member. And students face a fragmented system that often leads to confusion, stress, and stop-outs.
KEY QUOTES:
“Higher education is at an inflection point. Colleges must clearly communicate costs, offer flexible payment options, and reliably collect tuition — or risk losing trust, enrollment, and revenue. Meadow is here to help them do that with clarity and compassion.”
- Alfredo I. Brillembourg, CEO and co-founder of Meadow
“Meadow helps us improve the student experience and maintain institutional financial health. We view them not just as a technology provider, but as a strategic partner.”
- Ryan Thoroman, Bursar at Salt Lake Community College
“The student financial experience is one of the most overlooked and broken systems in higher ed. With over $500 billion spent annually on tuition and education-related expenses, it’s astonishing how confusing the process remains and yet it drives institutional financial health. Meadow’s rapid growth shows just how urgent the need is for better solutions.”
- Matt Brown, Partner at Matrix Partners
“This funding helps us address higher education’s most pressing financial challenges more effectively and pursue our core mission of strengthening economic mobility through higher education. Through our partnerships, we are helping more students see a college degree as an attainable achievement and keeping them enrolled. We are laying the foundation to become the trusted financial platform students rely on throughout college and beyond.”
- Amy Jenkins, COO and co-founder
