Trellis
Overview
Trellis is a nonprofit organization that focuses on enhancing educational pathways and financial wellness for students and institutions. Originally established as a student loan guarantor, Trellis has evolved into a comprehensive service provider, supporting educational institutions and community organizations. Based in Round Rock, Texas, its efforts are focused on improving student success and economic mobility. Trellis has raised a total of $125,000 through funding rounds, with investments from Y Combinator.
Recent Developments
In the past couple of years, Trellis has been active on various fronts:
- December 2024: Trellis released its inaugural "State of Biodiversity and Business" report, highlighting the engagement of businesses in biodiversity preservation.
- May 2024: Trellis was named a top workplace for the third consecutive year, recognizing its contributions to higher education and sustainability initiatives.
- April 2024: Announced partnerships supporting FAFSA completion across 148 colleges in 9 states, impacting over 700,000 students.
- 2024: Trellis expanded its services beyond student loans to include comprehensive educational consulting and community development projects.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 1979 |
| Headquarters | Round Rock, Texas |
| Founders | N/A |
| Revenue | N/A |
| Profit | N/A |
| Key Investors | Y Combinator |
| Industry | Higher Education, Financial Services |
| Number of Employees | 201-500 |
Early History
The origins of Trellis date back to its inception in 1979, primarily focused on guaranteeing student loans. Over the decades, it pioneered technologies that facilitated better management of student financial aid and loan repayments. This entrepreneurial spirit led to the establishment of the Trellis Foundation in 2017, marking a significant shift towards philanthropy and enhanced educational initiatives.
Company Profile and Achievements
Trellis operates with a mission to connect educational aspirations to employment opportunities, leveraging its expertise in financial wellness and educational planning. Key achievements include:
- Advancing initiatives for student loan management and financial counseling.
- Establishing the Trellis Foundation to support underserved communities.
- Consistent recognition as a top workplace, reflecting its positive corporate culture and impactful community work.
Current Operations and Market Position
Trellis is strategically positioned within the higher education sector, providing services that enhance student retention and success. Its innovative programs have made significant impacts in educational planning and workforce development, solidifying its status as a leader in the nonprofit sector. Recent initiatives focus on expanding institutional partnerships and engaging community organizations to maximize educational outcomes.
Conclusion
Trellis has continually adapted to the changing educational landscape, evolving from a student loan guarantor to a comprehensive provider of educational and financial services. Its commitment to enhancing student success and community prosperity remains integral to its operations, positioning it as a pivotal player in the education-to-employment space. Future endeavors will likely focus on broadening its scope of services and strengthening partnerships to further empower educational institutions and their students.