Meadow, a U.S.-based student financial services provider, has secured $3.5 million in a fresh round.

The seed funding investment round was led by venture capital firm Susa Ventures.

In addition, the round also received more backing from other investors including Giant Ventures, AlleyCorp, Treble Capital and angel investors.

Meadow is planning to utilize the capital to expedite growth and expand operations and its business reach.