Highway Benefits Inc.

Highway Benefits Inc. has raised $350K in total funding. The most recent round was Seed.

Highway Benefits Inc. is headquartered in Manhattan Beach, CA.

Quickly and easily offer your employees tax-free employer student loan repayment and tuition reimbursement benefits with Highway. Get started today.

Employees carry student loan debt that hurts their financial wellbeing, while employers struggle to set up and administer tax-free student loan and tuition benefits that help attract and retain talent.

Highway is a platform that lets employers create and administer student loan repayment, tuition reimbursement, and student loan 401(k) matching benefit programs, with calculators and toolkits to plan and launch them.

The site highlights automated qualified student loan payment (QSLP) verification for retirement plan matching, free tools like a Section 127 plan template and benefit cost/payoff calculators, and a customer quote saying the program 'runs on autopilot' after launch.

Highway Benefits was co-founded by Michael MacLaverty and Cory Micheel; its 2023 seed round was backed by XYZ Venture Capital and notable investor Roger Ferguson Jr., the former vice chairman of the Federal Reserve and former CEO of TIAA.