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Lendio
company
About
Utah-based Lendio, founded in 2011 by Brock Blake and Trent Miskin, is a free online loan marketplace.
- 501 - 1000
Highlights
Details
- Last Funding Type
- Debt Financing
- Last Funding Money Raised
- $24M
- Industries
- Finance,Financial Services,FinTech,Franchise,Lending
- Founded date
- Jan 1, 2011
- Number Of Employee
- 501 - 1000
- Operating Status
- Active
- Investor Type
- MVC
Lendio develops a financial application designed to offer online loan service. Its offers a platform for connecting small-business owners with active banks, credit unions, and other lending sources, enabling start-ups and small size organization to get funding for their growth.The company was founded in 2011 and is headquartered in Lehi, Utah.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
$30M
Lendio has raised a total of
$30M
in funding over 2 rounds. Their latest funding was raised on
Feb 27, 2020 from a Debt Financing round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Feb 27, 2020 | Debt Financing | $24M | 1 |
Signature Bank
|
— | Detail |
| Feb 17, 2011 | Series A | $6M | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
1
2
Lendio is funded by 2 investors.
Signature Bank
and GSA Venture Partners
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Signature Bank
|
Yes | Debt Financing |
GSA Venture Partners
|
— | Series A |
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