Fundation Group
Latest round
- Series A
Last raised
- Mar 2013
Total raised
- $2.7M
Investors
- 2
About Fundation Group
Founded in 2011, headquartered in Reston, US, Fundation has executed a total of 8 deals. The founders, Cosmin Novac and Jacek Paciorek, have positioned the company strategically in the lending market. Leveraging their AI-powered GEN 3 underwriting model, Fundation streamlines the lending process, ensuring quick and accurate loan decisions tailored to the unique financial needs of businesses. The company caters to a diverse client base that includes regional and super-regional banks, commercial finance brokers, and large-scale loan marketplaces.2 bn, serving over 16,000 businesses since its inception. The revenue model is primarily driven by partnerships with financial institutions and retailers, who utilize Fundation’s white-labeled financial solutions to enhance their service offerings. This structure facilitates seamless access to credit for businesses and positions Fundation as an essential provider in the lending ecosystem.In the coming years, Fundation plans to design and launch new products that cater specifically to the evolving needs of SMBs. They are targeting expansion into additional regional markets across the United States by 2025. Angel Street Capital has also realized their investment in Fundation, indicating confidence in the company's future growth trajectory.
Who invested in Fundation Group
2 investors across 1 round
See all investors in Fundation Group
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Series A
Mar 1, 2013
Amount
$2.7M
Investors
Questions about Fundation Group
Who invested in Fundation Group?
Fundation Group has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Fundation Group raised?
Fundation Group has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Fundation Group last raise money?
Fundation Group's most recent round on record is a Series A, in Mar 2013.
What does Fundation Group do?
Founded in 2011, headquartered in Reston, US, Fundation has executed a total of 8 deals.
Where is Fundation Group headquartered?
Fundation Group is headquartered in Reston, US.
Which VCs invest in companies like Fundation Group?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Fundation Group's stage. Their profiles are linked below.
VCs backing financial services startups at Series A
Raising like Fundation Group? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.