Tech Company Financing Transactions
Lending Loop Funding Round
Lending Loop, based in Toronto ON, raised $2 million from MaRS Investment Accelerator Fund and private investors.
Transaction Overview
Company Name
Announced On
8/5/2017
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Undisclosed
Investors
MaRS Investment Accelerator Fund (Lead Investor)
Proceeds Purpose
The company will use the funds to roll-out its new automated investing product, Auto-Lend, continue to grow its presence in Canada and develop new products later in the year.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
410 Adelaide St. W
Toronto ON, M5V 1S8
Canada
Toronto ON, M5V 1S8
Canada
Phone
Website
Email Address
Not Recorded
Overview
Lending Loop is Canada's first fully regulated peer-to-peer lending platform focused on small business.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Cato Pastoll
Chief Technical Officer
Brandon Vlaar
Browse more venture capital transactions:
Prev: 8/5/2017: Science venture capital transaction
Next: 8/5/2017: Intarcia Therapeutics venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to report on all VC transactions involving tech companies. 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.
Additional Resources for Entrepreneurs