Tech Company Financing Transactions
OnDeck Capital Funding Round
OnDeck Capital closed a $97 million financing round on 8/23/2012. Investors included Goldman Sachs, Lighthouse Capital Partners and SF Capital Group.
Transaction Overview
Company Name
Announced On
8/23/2012
Transaction Type
Debt
Amount
$97,000,000
Round
Undisclosed
Investors
Proceeds Purpose
This capital gives On Deck increased lending capacity to further advance its industry-leading working capital solution and empower Main Street businesses to grow their operations.
Company Information
Company Status
Publicly-held
Industry
FinTech
Mailing Address
1400 Bdwy.
New York, NY 10018
USA
New York, NY 10018
USA
Phone
Undisclosed
Website
Email Address
Overview
OnDeck (NYSE: ONDK) was founded in 2006 to help businesses get small business loan financing when traditional bank loans are not an option. Our vision is to help small businesses get access to business loan financing, which should improve their payment behaviors and credit scores so they may someday qualify for a traditional loan.
Management Team
Title
Name
Email & Social
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