# Cloud Lending

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cloud-lending

- Industry: Software
- Headquarters: San Mateo, US
- Website: www.cloudlendinginc.com
- Total disclosed funding: $14M
- Latest round: Series A (Jan 19, 2017)
- Investors on record: 5

## About

Cloud Lending, Inc. is a provider of advanced lending solutions, tailoring cloud-based platforms to enhance operational efficiency for financial institutions and lenders, focusing on automating loan processes.Founded in 2012, Cloud Lending, Inc. operates from San Mateo, US, offering a cloud-based platform that streamlines loan origination, underwriting, and servicing for financial institutions. The company raised USD 6.00 mn in Series A funding led by Cota Capital in August 2018, with a total amount raised of USD 6.00 mn. The company has completed five deals to date, showcasing its strategic growth trajectory.Cloud Lending, Inc. specializes in providing comprehensive lending solutions particularly aimed at financial institutions, credit unions, and alternative lenders. Their core offerings include a cloud-based platform designed to streamline the loan origination, underwriting, and servicing processes. This platform enables lenders to automate various aspects of the lending cycle, reducing manual workload and enhancing operational efficiency. The end users of these products typically consist of financial institutions looking for scalable solutions to improve their lending operations and customer service. Cloud Lending's services are primarily deployed in the North American and European markets, where the demand for digitized lending solutions has seen significant growth, particularly among fintech startups and established banks adapting to digital transformations.Cloud Lending, Inc. generates revenue through a subscription-based model, wherein clients pay a recurring fee for access to their cloud-based lending platform. This model allows financial institutions and lenders to manage their lending operations efficiently and cost-effectively. For instance, a bank may subscribe to Cloud Lending’s services to utilize its automated underwriting features, improving the speed and accuracy of loan approvals. The revenue structure may also include variable charges based on transaction volumes processed through the platform. Cloud Lending's flagship service is their loan management system, which allows clients to customize pricing plans based on their specific operational needs and customer demographics. The firm’s success is reflective of the key partnerships formed with various financial entities looking to innovate their lending practices through technology.In August 2018, Cloud Lending, Inc. was agreed to be acquired by Q2 Software, Inc., a move aimed at delivering advanced digital solutions to clients. This acquisition may facilitate the introduction of new products and services tailored to expand their market reach. The funding secured in the Series A round will support Cloud Lending's initiatives for enhancing their platform capabilities and expanding their presence in the North American and European markets.

## Funding rounds

- Series A, Jan 19, 2017, $6M — EPIC Ventures, Green Visor Capital, Cota Capital, Long Light Capital
- Series A, Sep 8, 2015, $8M — EPIC Ventures, SF Capital Group, Green Visor Capital, Cota Capital, Long Light Capital

## Investors

- EPIC Ventures (https://capitalatlas.ai/funds/epic-ventures) — Series A
- SF Capital Group — Series A
- Green Visor Capital (https://capitalatlas.ai/funds/green-visor-capital) — Series A
- Cota Capital (https://capitalatlas.ai/funds/cota-capital) — Series A
- Long Light Capital — Series A