OnDeck Receives $77,000,000 New Financing

  • Feed Type
  • Date
    3/6/2014
  • Company Name
    OnDeck
  • Mailing Address
    155 E 56th Street 2nd Floor New York, NY 10022
  • Company Description
    OnDeck 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.
  • Website
    http://www.ondeckcapital.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $77,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    OnDeck will use the funds to advance its main growth initiatives: accelerating new product development, geographic expansion, robust marketing and aggressive hiring.
  • M&A Terms
  • Venture Investor
    Tiger Global Management
  • Venture Investor
    Institutional Venture Partners
  • Venture Investor
    RRE Ventures
  • Venture Investor
    SAP Ventures
  • Venture Investor
    Google Ventures
  • Venture Investor
    First Round Capital
  • Venture Investor
    Industry Ventures
  • Venture Investor
    Investor

By posting a comment, you agree to our terms and conditions.