Funding Received
$64 Million in 4 Rounds from 17 Investors
Most Recent Funding
$50 Million Debt Financing on April 28, 2014
Headquarters:
San Francisco, CA
Description:
LendUp's first product is a socially responsible alternative to payday loans.
Founders:
Sasha Orloff, Jacob Rosenberg
Categories:
Finance
Website:
http://www.lendup.com

Company Details

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LendUp builds technology to expand access and choice among the customers banks and credit unions decline.

Their first product is a socially responsible alternative to payday loans called The LendUp Ladder (TM). The LendUp Ladder(TM) changes the dynamics of the small dollar loan: rather than being a dangerous first step into a cycle of debt, it becomes an opportunity to learn good financial behavior and to build credit through education, gamification and a transparent fee structure. LendUp is located in downtown San Francisco and is backed by prominent Silicon Valley investors such as Y-Combinator, Google Ventures, Kleiner Perkins, Andreessen Horowitz Seed Fund, Startfund, Data Collective, Kapor Capital, Eagle Cliff Partners, Susa Ventures, SVAngel, Thomvest Ventures, Founders Coop, AFSquare, among other highly regarded angel investors and entrepreneurs.

Learn more at lendup.com/ladder.

Current Team (6)

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Past Team (1)

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Funding Rounds (4) - $50M

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Investors (17)

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  • F8d7c7e02f7a78873c74f210f3b5f8b1

    Victory Park Capital

    Alternative asset management firm
  • 337c863d13cb777d5f4ac64aa679b7c2

    Susa Ventures

    Susa Ventures is an early stage technology fund investing in entrepreneurs building defensible...
  • Yh0gzksfkd1eljis4wg8

    Google Ventures

    Google Ventures is the venture capital investment arm of Google Inc.
  • 18ebe700754640f4d69f1e9beb2fff29

    Data Collective

    Data Collective is a venture fund with a unique team of experienced venture capitalists,...
  • B4b311ddd00b3755f8a8935fb3cac67b

    QED Investors

    QED Investors actively supports high-growth businesses that use information to compete — and win.
  • Ccc50d7eee6ec77ec8162ddb01771f59

    Founder's Co-op

    Founder's Co-op is a seed-stage investment fund in the Pacific Northwest.
  • 55a8b8832325692da4eed827f2d5ea87

    AFSquare

    The mission of AF Square is to discover companies whose business model disrupts the status quo.
  • 8c2ab57df154b75aa5c8324c826a1091

    Thomvest Ventures

    Thomvest is an early-stage venture capital firm with over $200 million under management. We...

Offices/Locations (1)

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  • Office

    San Francisco, CA

    USA

Competitors (1)

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Images (4)

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  • 44656f5a28e21aed8464ac96ec3a4ab1
  • 433f712b774cc4ed52c21e1d962af2ba
  • 2b54865d9581e3d5e8b9c3509622f83c
  • 4456ac503cefc9ca57594553fcf67be9

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