# Susan Ehrlich

> Susan Ehrlich is a seed investor at Earnest (San Francisco) backing Financial Services. See 2 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Earnest](https://shizune.co/investors/profile/earnest)
- Location: San Francisco, United States
- Total investments: 2
- Last investment: Jul 2023
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/susanehrlich/

Susan Ehrlich is a seed investor at Earnest in San Francisco focused on Financial Services. Susan’s experience in financial services spans from traditional banking to fintech. In addition to her role as Chief Executive Officer at Earnest, Susan serves as Chairman of the Board of BECU, the nation’s 4th largest credit union. Previously, she was Chief Financial Officer and Head of Enterprise Risk Management at Simple Financial Technology, aBBVA subsidiary. Susan also spent years immersed in fintech, as a consultant for Lending Club and as a General Manager for Amazon. Susan was recognized on “American Banker”magazine’s 25 Most Powerful Women in Finance list three years in a row, and has served as Chairman of the Center for Financial Services Innovation (CFSI) in Chicago, IL and on the Consumer Advisory Council of the Federal Reserve Board in Washington, DC. Susan holds a B.A. with honors in organizational behavior and management from Brown University and an M.B.A. from Harvard Business School.

## Investment focus

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 50% |
| Pre-Seed | 1 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Upwage | Our mission is to create $1 trillion in new wealth for the 44% of Americans who make less than $16/hr, using the power of big data & AI. | $7.3M | Seed | Jul 01, 2023 |  |
| Canary | Canary is a financial services company. | $1.5M | Pre-Seed | Jan 11, 2022 |  |

2 of 2 investments shown.

## Co-investors
- [VITALIZE Venture Capital](https://shizune.co/investors/profile/vitalize-vc) — VC Fund, 3 deals together
- [J4.Ventures](https://shizune.co/investors/profile/j4-ventures) — VC Fund, 2 deals together
- [Maveron](https://shizune.co/investors/profile/maveron) — VC Fund, 2 deals together
- [Moai Capital](https://shizune.co/investors/profile/moai-capital) — VC Fund, 2 deals together
- [Precursor Ventures](https://shizune.co/investors/profile/precursor-ventures) — VC Fund, 2 deals together
- [AlleyCorp](https://shizune.co/investors/profile/alleycorp) — VC Fund, 1 deal together

## About Earnest

VC Fund · San Francisco, United States

Earnest was built on the principle that getting a loan shouldn’t be difficult for financially responsible people. Earnest offers student loan refinancing and personal loan. It uses its unrivaled technology to consider more than just a credit score; it looks at thousands of data points such as education, saving patterns, investments, and careertrajectory. Customers apply online and can manage their account payment preferences with the online dashboard and mobile app.Earnest was founded in 2013, by Louis Beryl and Ben Hutchinson, and had its official launch in early 2014. Earnest raised several rounds of funding from investors including Andreessen Horowitz, Maveron, Battery Ventures, Atlas Ventures, and several others. In 2017, Earnest was acquired by Navient Corp. Navient maintains Earnest as a separate brand while allowing Earnest to be backed by a larger company.Earnest has grown from distributing $8M loans in its first year of business to distributing nearly $2B in student loans and having a roughly $500M loan portfolio in 2017. Earnest has been included in Fast Company’s World’s 50 Most Innovative Companies list. The company lends across the United States in 45 states and the District of Columbia. In August 2017, it was announced that Earnest would open a second office in Salt Lake City, Utah.

5 contacts available at Earnest.

| Name | Title | Profile |
| --- | --- | --- |
| Abhas Gupta | Investor | https://shizune.co/investors/profile/abhas-gupta |
| Susan Ehrlich | Chief Executive Officer | https://shizune.co/investors/profile/susan-ehrlich |
| Brad Henrickson | VP of Engineering | https://shizune.co/investors/profile/brad-henrickson |
| Craig Battin | VP, Marketing & Partnerships | https://shizune.co/investors/profile/craig-battin |
| Pamela Rice | Chief Technology Officer | https://shizune.co/investors/profile/pamela-rice |

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### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Susan Ehrlich invest in?

Susan Ehrlich invests primarily in Financial Services startups, most often at Seed and Pre-Seed stage. Most of the 2 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Susan Ehrlich last invest?

The most recent investment recorded for Susan Ehrlich closed in Jul 2023. Shizune tracks 2 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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