Upromise, Inc. · Newton, MA United States
Company Description
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Upromise doesn't promise to pay for your kid's education -- but it might help. By joining Upromise, customers receive rebates on purchases from thousands of retailers, restaurants, grocery stores, and companies -- ranging from Exxon Mobil (1 cent per gallon) to Bed Bath & Beyond (1% on purchases) -- that are credited to a college savings account. Upromise manages about $19 billion in 529 college savings plans (tax-advantaged investment programs for future higher education expenses). Upromise is owned by education financier SLM Corporation (known as Sallie Mae). To read the full description, subscribe now.
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Key Upromise, Inc. Financials
| Company Type | Subsidiary Single Location |
| Fiscal Year-End | December |
| Employees | 400 |
Upromise, Inc. Executives
9 executives listed for Upromise, Inc.'s Newton, MA location.
| Title | Name & Bio | Contact |
| President | David Rochon | Network |
| Chief Marketing Officer | John Ward | Network |
| EVP Partner Management | Kelly Christiano | Network |
Competition
Competitive Landscape for Upromise, Inc.
Demand is driven largely by the construction needs of companies and governments and the desire of industrial customers to improve the efficiency of operations. Profitability depends on the ability to accurately predict costs for a project. Small firms, which can effectively compete with larger ones by having expertise in a particular field, are often hired as consultants on larger projects if they have special expertise. Large firms are advantaged in designing and managing large projects. Average revenue per employee is about $200,000 for large firms, $115,000 for small ones. To read the full description, subscribe now.Top Upromise, Inc. Competitors
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