Tech Company Financing Transactions

Lending Club Funding Round

Canaan Partners and Norwest Venture Partners joined a $10.3 million Series A capital raise for Lending Club. The round was announced on 8/23/2007.

Transaction Overview

Company Information

Company Status

Publicly-held

Industry

FinTech

Mailing Address

595 Market St. 200
San Francisco, CA 94105
USA

Phone

888-596-3157

Website

www.lendingclub.com

Email Address

[email protected]

Overview

Lending Club (NYSE: LC) is an online lending community where people can borrow and lend money, bypass the banks, and get better rates. By working together, members can borrow money more easily and at a better rate than they would get from a bank, or invest in a pool of loans at higher rates than those served by savings accounts or CDs.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

Scott Sanborn

        

Chief Financial Officer

Thomas Casey

        

Chief Technical Officer

Bahman Koohestani

        

VP - General Counsel

Brandon Pace

        

VP - Human Resources

Whitney Jones

        

Browse more venture capital transactions:

Prev: 8/22/2007: Data Robotics venture capital transaction
Next: 8/23/2007: Inotek Pharmaceuticals venture capital transaction

Share this article

About Our VC Transactions Data

We do our best to report on every notable VC transaction. All VC database entries on this site come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary