On Deck Capital Receives $42,000,000 Series D Financing Round

  • Feed Type
  • Date
    2/13/2013
  • Company Name
    On Deck Capital
  • Mailing Address
    13807 Ventura Blvd. Sherman Oaks, CA 91423
  • Company Description
    On Deck Capital 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
    $42,000,000
  • Transaction Round
    Series D
  • Proceeds Purposes
    The financing will enable the company to further accelerate growth through: continued technology innovation; breakthrough new product development; increased marketing to reach more small business owners; and expanded access to wholesale funding sources.
  • M&A Terms
  • Venture Investor
    Institutional Venture Partners
  • Venture Investor
    RRE Ventures
  • Venture Investor
    SAP Ventures
  • Venture Investor
    First Round Capital

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