On Deck Capital Receives $42,000,000 Series D Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e6fe49ad-6d9c-4ad6-b478-fc1f1a004cde&Preview=1 -
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
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Venture Investor
Institutional Venture Partners -
Venture Investor
RRE Ventures -
Venture Investor
SAP Ventures -
Venture Investor
First Round Capital
