# Lendorse

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

- Industry: Financial Services
- Headquarters: Berlin, Germany
- Website: www.lendorse.com
- Total disclosed funding: $2.6M
- Latest round: Seed (Apr 10, 2025)
- Investors on record: 7

## About

Based in Berlin, Germany, and founded in 2021 by CEO Bjoern Wolf and COO Evgenii Avdeev, Lendorse UG, a.k.a. Lendorse operates as a financial services company that focuses on providing Study Now, Pay Later financial solutions through income share agreements (ISAs), giving students the opportunity to study in Europe. In June 2025, Lendorse UG raised EUR 1.75 million in venture funding co-led by new investors LUMO Labs and Soulmates Ventures, with participation from other new investor PI Impact. Individual investor also participated in the round. Lendorse offers an income share agreement (ISA) platform to fund education-related expenses, such as tuition fees, visa deposits, and living costs. Instead of a traditional loan, the platform allows students to repay a portion of their future income once they secure a job that meets a minimum income threshold. The repayment is based on a fixed percentage of the salary over a defined period. Lendorse also provides mentoring and career support to help students achieve their professional goals. The funding range typically falls between EUR 3,000 and EUR 20,000, with no requirements for credit scores, collateral, or cosigners during the application process. The company will use the June 2025 funding for product development.

## Funding rounds

- Seed, Apr 10, 2025, $1.9M — Earlybird, Techstars, Vealo Ventures, LUMO Labs BV, Soulmates Ventures, SIS Invest AG, PI Impact
- Seed, Sep 1, 2023, $0.7M — Earlybird, Techstars, Vealo Ventures

## Investors

- Earlybird (https://capitalatlas.ai/funds/earlybird) — Seed
- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- Vealo Ventures (https://capitalatlas.ai/funds/vealo-ventures) — Seed
- LUMO Labs BV (https://capitalatlas.ai/funds/lumo-labs-bv) — Seed
- Soulmates Ventures (https://capitalatlas.ai/funds/soulmates-ventures) — Seed
- SIS Invest AG — Seed
- PI Impact — Seed