Lendified
Latest round
- Series A
Last raised
- Apr 2019
Total raised
- $11M
Investors
- 5
About Lendified
Lendified Inc.Founded in 2015 in Toronto, Canada, Lendified Inc. is dedicated to streamlining the lending process for small businesses. The firm was co-founded by Harish Patel, while Eoghan Bergin currently serves as CEO.Lendified Inc. Their core products include various loan products designed to meet the financial needs of enterprises from startups to established companies.Lendified Inc. generates revenue primarily through interest on the loans it provides to small businesses. The company has structured its revenue model around various lending packages that cater to different client needs, resulting in a predictable revenue stream from the interest accrued over the loan terms.Looking ahead, Lendified Inc. The acquisition by Merchant Growth Ltd is expected to bolster Lendified's ability to serve new customers, further supporting its growth strategy.
Who invested in Lendified
5 investors across 1 round
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Funding rounds
Series A
Apr 17, 2019
Amount
$11M
Investors
Questions about Lendified
Who invested in Lendified?
Lendified has 5 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 Lendified raised?
Lendified has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Lendified last raise money?
Lendified's most recent round on record is a Series A, in Apr 2019.
What does Lendified do?
Lendified is a financial services company.
Where is Lendified headquartered?
Lendified is headquartered in Toronto, Canada.
Which VCs invest in companies like Lendified?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Lendified's stage. Their profiles are linked below.
VCs backing financial services startups at Series A
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