NEW YORK, NY – April 9, 2025 – ORIX Corporation USA’s Growth Capital business today announced it has successfully closed a debt financing facility for Tuition.io, a benefits platform that empowers employers to support their workforce through comprehensive education assistance benefits.
“We are excited to partner with Tuition.io as they continue to transform the way employers support their workforce through education benefits. With student debt remaining a critical issue for employees nationwide, Tuition.io’s platform provides a meaningful solution that helps companies attract and retain top talent. We look forward to supporting their growth and impact in the marketplace,” said Austin Szafranski, Director of ORIX USA’s Growth Capital business.
“Partnering with ORIX USA marks a significant milestone for Tuition.io as we expand our mission to make education benefits more accessible and impactful for employers and their workforces. This investment enables us to accelerate innovation, reach more organizations, and empower employees with the resources they need to thrive in their careers. We’re excited about the opportunities ahead and the support of ORIX USA to help drive our vision forward,” said Scott Simmons, COO and CFO of Tuition.io.
Since inception in 2001, ORIX USA’s Growth Capital business has provided $2.7 billion in funding to 200 companies with customized equity and debt solutions.