Funding Received
$409 Million in 8 Rounds from 17 Investors
Most Recent Funding
$77 Million Series E on March 6, 2014
Founded:
2007
Headquarters:
Arlington, VA
Description:
OnDeck’s technology platform leverages electronic information to identify the creditworthiness of small businesses in minutes.
Founders:
Mitch Jacobs
Categories:
Finance
Website:
http://www.ondeck.com

Detailed Description

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Launched in 2007, OnDeck is the technology powered Main Street lender that has fundamentally changed how small businesses access capital.

OnDeck’s innovative technology platform leverages electronic information including online banking and merchant processing data to identify the creditworthiness of small businesses in minutes, while traditional lenders typically take days or even weeks.

To date, OnDeck has deployed more than $1 billion in capital to tens of thousands of businesses across 700 different industries. The company grew 150% in 2013, and was recently named #11 on Forbes’ 100 Most Promising Companies in America list and was listed on the Inc. 500/5000 for a second year in a row. The company also has earned an A+ rating with the Better Business Bureau.

Loans range from $5,000 to $250,000.

Current Team (15)

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Past Team (5)

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Board Members and Advisors (8)

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Investors (17)

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Offices/Locations (3)

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  • Office

    Denver, CO

    USA

  • Office

    New York, NY

    USA

  • Office

    Arlington, VA

    USA

Competitors (1)

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  • Ad84f851587af5b26d9520fd7fc7b4ae

    Dealstruck

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Images (1)

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  • F60a0009e6d45e399585817f1eee941a