‘A lighthouse in Nebraska’: How Lincoln-based Nelnet helped supercharge the local startup ecosystem
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Nelnet, a Lincoln-based company, has played a significant role in supporting Nebraska's startup ecosystem through its venture capital investments. The company has invested $190 million in 171 startups since 2006, with 80% going to Nebraska-based companies.
Nelnet, a Lincoln-based company that services federal student loans, has been instrumental in supporting Nebraska's startup ecosystem. Since 2006, it has invested $190 million in 171 startups, with 80% of those investments going to Nebraska-based companies. Nelnet's venture capital arm has helped companies like Hudl and CompanyCam, Nebraska's first unicorn, scale and grow. The company's investment in Set Your Sites, a campground management software startup, helped secure a $500,000 pre-seed funding round in just six weeks. Nelnet's support for Nebraska innovation is driven by both financial returns and a desire to bolster economic development in the state. The company's investments have contributed to the growth of the local startup ecosystem and helped keep talent in Nebraska.
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