Lendio

Imagine what your business can do.

General Information
Company Name
Lendio
Founded Year
2011
Location (Offices)
Lehi, United States +3
Founders / Decision Makers
Number of Employees
418
Industries
Finance, Financial Services, Fintech +1
Funding Stage
Series E
Social Media

Lendio - Company Profile

Lendio is a transforming force in the small business lending industry, establishing connections among small businesses, lenders, and service providers through an integrated technology platform. With the goal of empowering small businesses to not only survive but thrive, Lendio offers purpose-built software for automating loan decisioning and underwriting, utilizing AI to match businesses with suitable financing offers, and integrating a full loan marketplace within service providers’ platforms. Since its establishment in 2011, Lendio has facilitated over 400,000 small business loans and financing options amounting to over $15 billion. The company has received several prestigious awards, including the FinTech Breakthrough - Best Small Business Lending Solution Award 2022 and the Forbes Best Small Business Loans Award 2022, among others. The latest investment, a $31.00M Series E investment on 27 February 2020, involved notable investors such as Comcast Ventures, Blumberg Capital, Mercato Partners, Napier Park Financial Partners, Runa Capital, and STCAP. Lendio is primarily situated in the United States and operates within the Finance, Financial Services, and Fintech industries. With a proven track record and a strong investor backing, Lendio is well-positioned to continue its impactful journey in revolutionizing small business lending.

Taxonomy: Small Business Lending, Loan Marketplace, Integrated Technology, Business Loans, Loan Decisioning, Underwriting Automation, Ecosystem Platform, Startup Financing, Digital Lenders, Women in Business, Corporate Awards

Funding Rounds & Investors of Lendio (7)

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Funding Stage Amount No. Investors Investors Date
Debt Financing $24.00M 1 27 Feb 2020
Series E $31.00M 6 27 Feb 2020
Series D $19.00M 7 Napier Park Global Capital 25 Oct 2016
Series C $22.00M 8 Napier Park Global Capital 24 Mar 2015
Series B $4.50M 3 28 Aug 2013

View All 7 Funding Rounds

Latest News of Lendio

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No recent news or press coverage available for Lendio.

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