Tech Company Financing Transactions

Lendio Funding Round

On 2/28/2020, Lendio received $55 million in Series E financing from Mercato Partners, Blumberg Capital and Comcast Ventures.

Transaction Overview

Company Name
Lendio
Announced On
2/28/2020
Transaction Type
Debt
Venture Equity
Amount
$55,000,000
Round
Series E
Investors

Mercato Partners (Lead Investor) (Ryan Sanders)

Blumberg Capital (Chris Gottschalk)

Comcast Ventures (Dave Zilberman)

Napier Park Global Capital (Dan Kittredge)

Runa Capital (Andre Bliznyuk)

Signature Capital

Stereo Capital (James Smith)

Proceeds Purpose
The funding enables Lendio to increase the scope and precision of its loan marketplace while expanding new bookkeeping and lender services functions.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
4100 Chapel Ridge Rd. 500
Lehi, UT 84043
USA
Phone
855-853-6346
Website
www.lendio.com
Email Address
[email protected]
Overview
The company operates an online service that helps small businesses obtain loans.
Profile
Lendio LinkedIn Company Profile
Social Media
Lendio Company Twitter Account
Company News
Lendio News
Facebook
Lendio on Facebook
YouTube
Lendio on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Brock Blake
  Brock Blake LinkedIn Profile  Brock Blake Twitter Account  Brock Blake News  Brock Blake on Facebook
Chief Operating Officer
Chad Iverson
  Chad Iverson LinkedIn Profile  Chad Iverson Twitter Account  Chad Iverson News  Chad Iverson on Facebook
Founder
Trent Miskin
  Trent Miskin LinkedIn Profile  Trent Miskin Twitter Account  Trent Miskin News  Trent Miskin on Facebook
VP - Sales
Brett Child
  Brett Child LinkedIn Profile  Brett Child Twitter Account  Brett Child News  Brett Child on Facebook
VP - Sales
Benjamin Davis
  Benjamin Davis LinkedIn Profile  Benjamin Davis Twitter Account  Benjamin Davis News  Benjamin Davis on Facebook

 

 

Browse more venture capital transactions:

Prev: 2/28/2020: Acadeum venture capital transaction
Next: 2/29/2020: DeepSig venture capital transaction

 

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We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 

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