Tech Company Financing Transactions

Lendbuzz Funding Round

Lendbuzz, operating out of Boston, secured $150 million in funding from 83North, Bank Hapoalim and ConnectOne Bank.

Transaction Overview

Company Name
Lendbuzz
Announced On
7/16/2019
Transaction Type
Debt
Venture Equity
Amount
$150,000,000
Round
Undisclosed
Investors

83North (Lead Investor) (Arnon Dinur)

Bank Hapoalim (Lead Investor) (Gabriel Hamani)

ConnectOne Bank (Lead Investor)

IDB Bank (Lead Investor)

Viola Credit (Lead Investor)

Proceeds Purpose
The capital will allow us to further accelerate our fast-growing car financing platform and enhance our ability to provide the best terms to borrowers that do not have an established U.S. credit history.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
100 Summer St. 3150
Boston, MA 02110
USA
Phone
(857) 999-0250
Website
www.lendbuzz.com
Email Address
[email protected]
Overview
Lendbuzz is a car financing platform that helps consumers with limited U.S. credit history to obtain financing for their car purchase. Driven by machine learning and statistical algorithms, Lendbuzz offers attractive terms to consumers that are overlooked and underserved by the traditional credit system.
Profile
Lendbuzz LinkedIn Company Profile
Social Media
Lendbuzz Company Twitter Account
Company News
Lendbuzz News
Facebook
Lendbuzz on Facebook
YouTube
Lendbuzz on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Amitay Kalmar
  Amitay Kalmar LinkedIn Profile  Amitay Kalmar Twitter Account  Amitay Kalmar News  Amitay Kalmar on Facebook
Chief Technical Officer
Daniel Raviv
  Daniel Raviv LinkedIn Profile  Daniel Raviv Twitter Account  Daniel Raviv News  Daniel Raviv on Facebook
Vice President
Otkrist Gupta
  Otkrist Gupta LinkedIn Profile  Otkrist Gupta Twitter Account  Otkrist Gupta News  Otkrist Gupta on Facebook
VP - Bus. Development
Daisy Xu
  Daisy Xu LinkedIn Profile  Daisy Xu Twitter Account  Daisy Xu News  Daisy Xu on Facebook
VP - Engineering
Frank Pinto
  Frank Pinto LinkedIn Profile  Frank Pinto Twitter Account  Frank Pinto News  Frank Pinto on Facebook
VP - Sales
Hasan Güzel
  Hasan Güzel LinkedIn Profile  Hasan Güzel Twitter Account  Hasan Güzel News  Hasan Güzel on Facebook

 

 

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Prev: 7/16/2019: Recursion Pharmaceuticals venture capital transaction
Next: 7/16/2019: nTopology venture capital transaction

 

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