# Turnkey Lender

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/turnkey-lender

- Industry: Software
- Headquarters: Austin, US
- Website: www.turnkey-lender.com
- Total disclosed funding: $21M
- Latest round: Series A (Jun 28, 2022)
- Investors on record: 10

## About

Founded in 2014 by co-founders Dmytro Voronenko and Elena Ionenko and based in Texas, US, Turnkey Lender Inc. operates as a developer of cloud-based software for loan management that uses machine learning technology to analyze and assess loan applicants. It has additional offices in Austin, UK, Ukraine, Malaysia and Australia. It also received awards in the lending and crediting industry, including recognition from Frost & Sullivan for the New Product Innovation Award. In August 2025, TurnKey Lender Inc. raised growth funding from investor Sundance Growth. Its services cover more than 50 countries.  Turnkey Lender Pte. Ltd. provides services that include AI & alternative scoring development, credit decision analytics, credit scoring consulting, digital transformation services, lending process automation and professional services. It has platforms that include lending management software, loan origination systems, decision management systems, an API integration platform and services, digital lending software, and loan servicing platforms. The company will use the August 2025 funding to growth in the banking and embedded lending sectors, accelerate product development, and enable the company to better serve financial institutions and brands seeking intelligent, digital-first lending infrastructure.

## Funding rounds

- Series A, Jun 28, 2022, $8.4M — DEG, Vertex Ventures Southeast Asia & India, Horizon Capital, Majuven, SMRK VC Fund, OTB Ventures, Crusade Partners
- Series A, Apr 14, 2021, $6.1M — DEG, Vertex Ventures Southeast Asia & India, Majuven, OSK Ventures International Berhad, SEEDS Capital
- Series A, Sep 15, 2019, $4.6M — Vertex Ventures Southeast Asia & India, Horizon Capital, OSK Ventures International Berhad
- Series A, Jun 8, 2017, $2M — Vertex Ventures Southeast Asia & India, Global Grand Leisure

## Investors

- Vertex Ventures Southeast Asia & India (https://capitalatlas.ai/funds/vertex-ventures-southeast-asia-india) — Series A
- Global Grand Leisure — Series A
- Horizon Capital — Series A
- OSK Ventures International Berhad (https://capitalatlas.ai/funds/osk-ventures-international-berhad) — Series A
- DEG — Series A
- Majuven (https://capitalatlas.ai/funds/majuven) — Series A
- SEEDS Capital (https://capitalatlas.ai/funds/seeds-capital) — Series A
- SMRK VC Fund (https://capitalatlas.ai/funds/smrk-vc-fund) — Series A
- OTB Ventures (https://capitalatlas.ai/funds/otb-ventures) — Series A
- Crusade Partners (https://capitalatlas.ai/funds/crusade-partners) — Series A