# Lendai

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lendai

- Industry: Financial Services
- Headquarters: Miami, US
- Website: www.lendai.us
- Latest round: Seed (Mar 9, 2022)
- Investors on record: 5

## About

Based in Florida, US, and founded in 2019 by its CEO, Yair Benyamini, CTO, Erez Dricker, CDS, Tim Mironov, and CFO, Boaz Leviatan, Lendai LTD operates as a fintech company that provides mortgage services for foreign investors. In March 2022, Lendai LTD raised an undisclosed amount of venture debt funding led jointly by Meron Capital and Cardumen Capital, with participation from Discount Capital, Skywell Capital Partners, and Mindset Ventures.

Lendai offers financial services like new purchase loans, and cash-out/refinancing, which helps to replace existing debt or cash-out equity based on the current value of the property, portfolio finance, and short-term rental loans. The company also provides an artificial intelligence (AI) technology-based customer relationship management (CRM) platform for its partners, which include realtors, loan brokers, and management companies.

The company generates revenue by charging interest on the loan offered that varies, like for 4 points USD 500,000 loan (5%), 3 points USD 500,000 (5.25%), 2 points USD 500,000 (5.5%), 1 point USD 500,000 (5.75%), and 0 points USD 500,000 (6%).

The company plans to use the March 2022 funding to expand its services to more US states and launch new financing loan programs.

## Funding rounds

- Seed, Mar 9, 2022 — Discount Capital, Mindset Ventures, Meron Capital, Cardumen Capital, Skywell Capital
- Seed, Sep 13, 2020 — Discount Capital, Meron Capital, Cardumen Capital

## Investors

- Discount Capital (https://capitalatlas.ai/funds/discount-capital) — Seed
- Meron Capital (https://capitalatlas.ai/funds/meron-capital) — Seed
- Cardumen Capital (https://capitalatlas.ai/funds/cardumen-capital) — Seed
- Mindset Ventures (https://capitalatlas.ai/funds/mindset-ventures) — Seed
- Skywell Capital (https://capitalatlas.ai/funds/skywell-capital) — Seed