BetterTime Co. announced that it has received $6 million in funding from Capital Midwest Fund, Mairs & Power Private Capital Management, LLC, Great North Ventures, North Coast Ventures, Nelnet, Inc., and other investors
December 05, 2023
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On December 6, 2023, BetterTime Co. closed the transaction. The company has received $2,996,889 in its second tranche, bringing total funding raised in the transaction to $6,000,000.
The round was led by new investor Capital Midwest Fund, and included participation from new investors Mairs & Power Private Capital Management, LLC, Great North Ventures, North Coast Ventures, Nelnet, Inc..
Nelnet, Inc. operates businesses that are engaged in loan servicing and education technology services and payments. The Company's segments include Loan Servicing and Systems (LSS), Education Technology Services and Payments (ETSP), Asset Generation and Management (AGM), and Nelnet Bank. The LSS segment is focused on student and consumer loan servicing, loan servicing-related technology solutions and outsourcing business services. This segment includes the brands Nelnet Diversified Solutions, Nelnet Government Services and others. The ETSP segment provides education and payment technology and services for K-12 schools, higher education institutions, churches, and businesses in the United States and internationally. The AGM segment includes the acquisition and management of student and other loan assets, including investment interests therein. The Nelnet Bank includes an Internet Utah-chartered industrial bank focused on the private education and unsecured consumer loan markets.
BetterTime Co. announced that it has received $6 million in funding from Capital Midwest Fund, Mairs & Power Private Capital Management, LLC, Great North Ventures, North Coast Ventures, Nelnet, Inc., and other investors
NELNET, INC. 
