Tech Company Financing Transactions

LendKey Funding Round

On 8/7/2013, LendKey received $12.5 million in Series B funding from TTV Capital, Updata Partners and Gotham Ventures.

Transaction Overview

Company Name
Announced On
8/7/2013
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Series B
Investors

TTV Capital (Lead Investor)

Updata Partners (Lead Investor) (Carter Griffin)

Gotham Ventures

Threshold Ventures

Proceeds Purpose
LendKey, which was founded in 2008 as a private student lending platform for financial institutions, will use the funds to expand its lending platform into new asset classes and accelerate the growth of its lending clients.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
104 W. 27th St. 4th Floor
New York, NY 10001
USA
Email Address
Overview
LendKey offers cloud-based technology to provide the essential infrastructure for financial institutions or any party to quickly, securely, efficiently, and profitably lend to anyone else -- from those offering loans directly to those structuring new types of loans.
Profile
LendKey LinkedIn Company Profile
Social Media
LendKey Company Twitter Account
Company News
LendKey News
Facebook
LendKey on Facebook
YouTube
LendKey on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Vince Passione
  Vince Passione LinkedIn Profile  Vince Passione Twitter Account  Vince Passione News  Vince Passione on Facebook
Chief Operating Officer
Mike Stallmeyer
  Mike Stallmeyer LinkedIn Profile  Mike Stallmeyer Twitter Account  Mike Stallmeyer News  Mike Stallmeyer on Facebook
Vice President
Anoop Thyagarajan
  Anoop Thyagarajan LinkedIn Profile  Anoop Thyagarajan Twitter Account  Anoop Thyagarajan News  Anoop Thyagarajan on Facebook
VP - Engineering
Michael Hawkins
  Michael Hawkins LinkedIn Profile  Michael Hawkins Twitter Account  Michael Hawkins News  Michael Hawkins on Facebook
VP - Finance
Stacey Rohrbaugh
  Stacey Rohrbaugh LinkedIn Profile  Stacey Rohrbaugh Twitter Account  Stacey Rohrbaugh News  Stacey Rohrbaugh on Facebook
VP - Regulatory Affairs
David Mark
  David Mark LinkedIn Profile  David Mark Twitter Account  David Mark News  David Mark on Facebook
VP - Sales
Christian Widhalm
  Christian Widhalm LinkedIn Profile  Christian Widhalm Twitter Account  Christian Widhalm News  Christian Widhalm on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/7/2013: Virtual Power Systems venture capital transaction
Next: 8/8/2013: Sensor Tower venture capital transaction

 

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Where The Data Comes From

We do our best to report on every notable VC transaction. VC investment data records reported here are derived from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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