Lendio

Lendio is a peer-to-peer lending marketplace that provides capital solutions for small and medium-sized businesses. Read more

1,396 Followers on Owler
1,396 Followers on Owler
1,396 Followers on Owler
1,396 Followers on Owler

Lendio

Lendio is a peer-to-peer lending marketplace that provides capital solutions for small and medium-sized businesses. Read more

Brock Blake's photo - Co-Founder & CEO of Lendio

Co-Founder & CEO

Brock Blake

CEO Approval Rating

80/100

Founded:

2011

Status:

PrivateIndependent Company

LENDIO TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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Fundera is one of Lendio's top rivals. Fundera is a Private company that was founded in 2013 in New York, New York. Fundera competes in the Mortgage Finance industry. Compared to Lendio, Fundera has 172 fewer employees.

Kabbage is seen as one of Lendio's biggest rivals. Kabbage was founded in 2008 in Atlanta, Georgia. Like Lendio, Kabbage also works within the Application Software field. Kabbage generates $223.3M more revenue than Lendio.

BlueVine is one of Lendio's top competitors. BlueVine was founded in 2013, and its headquarters is in Redwood City, California. Like Lendio, BlueVine also operates in the Application Software sector.

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Growth Score - 1/1

Is $56.7M a good estimate for Lendio's revenue?

Lendio Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Billy Us, Inc.

Jul 2019

Source »
undisclosed
Billy is a cloud-based accounting platform that provides online invoicing, accounting and billing solutions for small-sized businesses.

These are all the companies that Lendio has acquired. Lendio's latest acquisition was Billy Us, Inc. in Jul 2019. Billy is a cloud-based accounting platform that provides online invoicing, accounting and billing solutions for small-sized businesses.

Lendio Funding History

Since Lendio was founded in 2011, it has participated in 5 rounds of funding. In total Lendio has raised $105.9M. Lendio's last funding round was on Feb 2020 for a total of $55.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Series E
Feb 2020
$55M
Series D
Oct 2016
$20M
Series C
Mar 2015
$20.4M
Series B
Aug 2013
$4.5M
Series A
Apr 2011
$6M

Since Lendio was founded in 2011, it has participated in 5 rounds of funding. In total Lendio has raised $105.9M. Lendio's last funding round was on Feb 2020 for a total of $55.0M

Lendio Investments

No recent investments found related to Lendio

These are all the companies that Lendio has invested in. Lendio's latest investment was Billy Us, Inc. in Jul 2019. Billy is a cloud-based accounting platform that provides online invoicing, accounting and billing solutions for small-sized businesses.

Lendio News

February 22, 2021Markets Insider

Jolt Partners With Lendio To Offer PPP Loans for Small Businesses

LEHI, Utah, Feb. 22, 2021 /PRNewswire/ -- Jolt Software Inc. - Jolt Software has partnered with Lendi... See more »
January 15, 2021socalTECH

Dreamhost Links With Lendio On PPP Assistance

Los Angeles-based web hosting and WordPress services provider DreamHost and small business lending se... See more »
January 12, 2021Martech News

Marketing Software Provider Marketing 360 Partners with Lendio

Marketing 360® and Lendio today announced a partnership that will allow Marketing 360 to help its cus... See more »
January 4, 2021ABF Journal

Lendio to Hire 500 Employees by End of January 2021

Lendio, a U.S. small business solutions provider, will hire 500 employees by the end of January 2021,... See more »
December 31, 2020Crowdfund Insider

Lendio Announces Plans to Hire 190 Full-Time Temporary-to-Hire Employees

Online lending platform Lendio announced on Wednesday its plans to hire a total of 500 employees by t... See more »
December 30, 2020MarketScreener

Lendio to Hire 500 Employees to Continue Its Mission of Saving Small Businesses

(marketscreener.com) Lehi, Utah, Dec. 30, 2020 -- Lendio, the nation's leading small business solutio... See more »
December 29, 2020PYMNTS

Lendio Reintroduces Digital PPP Loan Application For SMBs

To speed up the approval process for small firms when the Paycheck Protection Program (PPP) opens onc... See more »

Lendio Blogs

May 12, 2021Lendio Blog

Lendio Ranks Among Highest-Scoring Businesses on Inc. Magazine's Annual List of Best Workplaces for 2021

Lendio Ranks Among Highest-Scoring Businesses on Inc. Magazine's Annual List of Best Workplaces for 2... See more »
May 12, 2021Lendio Blog

What to Know About Trade Credit

Trade credit, sometimes called trade finance or supplier financing, is an extremely common form of ex... See more »
May 11, 2021Lendio Blog

How to Make Work Joyful for Your Employees

You can call 2020 a lot of things, but joyful is not one of them. "There is a general sense that we n... See more »
May 10, 2021Lendio Blog

Team Building to Reconnect After a Year Apart

Over the past year, teams have learned to adapt to the virtual office. From daily Zoom meetings to wa... See more »
May 9, 2021Lendio Blog

How Do Commercial Loans Work?

The commercial loan world is vast and can be overwhelming for small businesses, especially very new o... See more »
May 8, 2021Lendio Blog

Understanding the Business Loan Credit Assessment Process

The credit assessment process is an integral step to determining whether you may qualify for a loan. ... See more »
May 7, 2021Lendio Blog

How to Make the Most of a Hybrid Workplace

It might be the fastest shift in labor trends since the Industrial Revolution. When COVID-19 hit, mor... See more »

Lendio Press Releases

April 7, 2020StreetInsider

ShopKeep Partners With Lendio To Make Federal COVID-19 Relief Funds More Accessible

NEW YORK and LEHI, Utah, April 7, 2020 /PRNewswire/ --Â ...... See more »
June 3, 2019PRWeb

Lendio's Ben Davis Named CXO of the Year by Utah Business Magazine

The award recognizes Utah's top senior executives for outstanding performance in their roles(PRWeb Ju... See more »
January 17, 2019PRWeb

Lendio Franchising Named No. 1 Financial Services Brand in Entrepreneur's Franchise 500®

Lendio ranked #288 overall for outstanding performance in size and growth, brand strength and financi... See more »
August 9, 2018StreetInsider

QuickBridge Partners with Lendio for Its Turndown Lending Program

IRVINE, Calif.--(BUSINESS WIRE)-- QuickBridge, a privately-held, leading financial services firm, ann... See more »
December 10, 2015PRWeb

Lendio Named One of 'Utah's Best Companies to Work For' for the Third Year in a Row

Lendio, the #1 online marketplace for business loans, has been named one of the best companies to wor... See more »
November 24, 2015Marketwired

Dealstruck and Lendio Release State of Online Lending Industry eBook

CARLSBAD, CA--(Marketwired - Nov 24, 2015) - Dealstruck, the online direct small business lender, and... See more »
October 28, 2015PRWEB

Lendio Hires new VP of Channels and Business Development and acquires valued partnership with SBE Council.

October 2015, Joel Rackham joined the Lendio team as the VP of Channels and recently established a ne... See more »

Lendio Videos

Social Media

Lendio Headquarters

4100 Chapel Ridge Road Suite 500

Lehi, Utah84043

1-855-853-6346

Driving Directions »

Trending Companies

Lendio Summary

ABOUT

Overview

Lendio is a peer-to-peer lending marketplace that provides capital solutions for small and medium-sized businesses. Lendio was founded in 2011. Lendio's headquarters is located in Lehi, Utah, USA 84043. It has raised 105.9M in 5 rounds. The latest rou...

CEO

Lendio's Co-Founder & CEO, Brock Blake, currently has an approval rating of 80%. Lendio's primary competitors are Fundera, Kabbage & BlueVine.

Website

lendio.com

Frequently Asked Questions about Lendio

  1. When was Lendio founded?

    Lendio was founded in 2011
  2. Who is Lendio's CEO?

    Lendio's CEO is Brock Blake
  3. How much revenue does Lendio generate?

    Lendio generates $56.7M in revenue
  4. How much funding does Lendio have?

    Lendio has historically raised $105.9M in funding
  1. Where is Lendio's headquarters?

    Lendio's headquarters is in Lehi Utah, USA
  2. How many employees does Lendio have?

    Lendio has 300 employees
  3. What sector does Lendio operate in?

    Lendio is in Application Software, Internet Software, Fintech
  4. Who are Lendio's competitors?

    Lendio's top competitors are Fundera, Kabbage, BlueVine