This year has seen a number of new security startups in the Ann Arbor Detroit region, as alum of Duo Security, Censys, and other security companies head off on their own entrepreneurial journey. The great news is that they’re all different, serving different markets with different solutions. They also have something to teach all of us about the tech startup journey.
Startup LoanSense Uses Algorithm To Help Find The Right Loan Forgiveness Program, Even Years Into Repayment
What happens when you’ve repaid your loans for years only to find out the loan forgiveness won’t kick in because you didn’t fill out the right paperwork? What if you can’t repay loans right now because you lost a job due to the coronavirus recession? Ann Arbor’s LoanSense, a brand-new startup founded by Catalina Kaiyoorawongs and co-founder Ivan Herndon formerly of StockX, uses technology to find the right program for loan forgiveness or repayment.
The ladies who run Jottful set out to help very small businesses with fewer than 5 employees create professional websites. “Our clients are often self-employed consultants, or service-oriented businesses,” says Dawn Verbrigghe, founder and CEO. The service is perfect for everything from “life coaches to management consultants to Main Street service businesses such as martial arts studios, beauty salons, and custom cake decorators.” If a business needs more than a build-your-own site but can’t afford the commonly quoted $5k price tag for a custom website from a creative agency, Jottful fills the gap in between. But then, the scope of what Jottful was managing expanded, and in more than one direction.