Lendio
Latest round
- Series E
Last raised
- Feb 2020
Total raised
- $82M
Investors
- 11
About Lendio
Lendio, Inc. Notably, the company has not undergone any major pivots in its business strategy. Lendio's co-founders include Brett Child, Brock Blake, Levi King, and Trent Miskin, with Brock Blake currently serving as CEO.Lendio generates revenue primarily through referral fees from lenders based on successful loan placements and funded transactions. The transaction structure typically involves a B2B model, where Lendio acts as an intermediary connecting small businesses with lenders. Revenue is derived once a business accepts a loan offer and the funds are disbursed, with Lendio receiving compensation for its role in facilitating the transaction. The company aims to design and launch new financial products in the upcoming year, enhancing its marketplace capabilities. Additionally, Lendio is focusing on expanding into new geographic regions, specifically targeting underserved markets in the Midwest and Southeast by the end of 2023.
Who invested in Lendio
11 investors across 5 rounds
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Questions about Lendio
Who invested in Lendio?
Lendio has 11 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Lendio raised?
Lendio has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Lendio last raise money?
Lendio's most recent round on record is a Series E, in Feb 2020.
What does Lendio do?
Lendio is a financial services company.
Where is Lendio headquartered?
Lendio is headquartered in Lehi, US.
Which VCs invest in companies like Lendio?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Lendio's stage. Their profiles are linked below.
VCs backing financial services startups at Series E
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