Clasp is a fintech company that connects healthcare students with employers willing to help repay student loans in exchange for committed employment. The model addresses two persistent problems simultaneously: the growing student debt burden among healthcare professionals and chronic talent shortages in the sector. The company operates its Clasp Platform to facilitate these arrangements, creating what it describes as sustainable talent pipelines.
The company's scale is notable. Clasp supports over 10,000 students and partners with more than 1,140 schools and programs. Employers using the platform have reported increases in retention rates of up to 94%, a significant metric in an industry where staff turnover carries substantial costs.
Based in Boston with a hybrid work culture, Clasp is venture-backed and has received industry recognition, including a place on the Forbes Fintech 50 list and a nomination as one of Business Insider's startups to watch in 2025. The company was also named Startup of the Year by Startup Boston and recognised as a Top 4 Workforce Solution by SHRM.
