Clasp

Boston, Massachusetts, USA · ≈72 employees · clasp.com

Clasp, formerly known as Stride Funding, is a fintech company based in Boston, MA. Founded in 2018, Clasp focuses on connecting employers with students in hard-to-hire fields through its high-retention recruiting platform. The company addresses the challenges of open clinical roles in the U.S. and the significant student loan debt crisis by linking student loan repayment directly to employment retention. Clasp's core offering is a loan-linked hiring platform that integrates recruitment and retention processes for employers. This includes programs where employers commit to repaying student loans for hired candidates, with repayment tied to the employee's tenure in the role. The company partners with leading healthcare systems and other industries facing talent shortages, such as semiconductors and skilled trades, to facilitate job opportunities for students before they graduate. Clasp has raised over $50 million in funding and employs between 51 and 200 people.