Tech Company Financing Transactions
LoanWell Funding Round
LoanWell, based in Durham, secured $3 million from Impact America Fund, Collab Capital and SB Opportunity Fund.
Transaction Overview
Company Name
Announced On
4/5/2022
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Funds will be used to continue the pursuit of modernizing community lending and enabling equitable access to affordable capital.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
212 West Main Street Suite 303
Durham, NC 27707
USA
Durham, NC 27707
USA
Phone
Website
Email Address
Not Recorded
Overview
Based in Durham, North Carolina, LoanWell bills itself as "an end-to-end platform for lenders," offering intake, origination, underwriting, closing, servicing and reporting in a single place.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bernard Worthy
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Our team works diligently to report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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