Tech Company Financing Transactions

Lendio Funding Round

Lendio, operating out of Lehi, secured $20 million from Comcast Ventures, Stereo Capital and Blumberg Capital.

Transaction Overview

Company Name
Lendio
Announced On
10/26/2016
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors

Comcast Ventures (Lead Investor) (Dave Zilberman)

Stereo Capital (Lead Investor) (James Smith)

Blumberg Capital (Chris Gottschalk)

Napier Park Global Capital (Dan Kittredge)

North Hill Ventures

Tribeca Venture Partners (Brian Hirsch)

Proceeds Purpose
This round of capital will be used to accelerate Lendio's growth through marketing, sales and brand awareness for millions of small business owners across the U.S.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
4100 Chapel Ridge Rd. 500
Lehi, UT 84043
USA
Phone
855-853-6346
Website
www.lendio.com
Email Address
[email protected]
Overview
The company operates an online service that helps small businesses obtain loans.
Profile
Lendio LinkedIn Company Profile
Social Media
Lendio Company Twitter Account
Company News
Lendio News
Facebook
Lendio on Facebook
YouTube
Lendio on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Brock Blake
  Brock Blake LinkedIn Profile  Brock Blake Twitter Account  Brock Blake News  Brock Blake on Facebook
Chief Operating Officer
Chad Iverson
  Chad Iverson LinkedIn Profile  Chad Iverson Twitter Account  Chad Iverson News  Chad Iverson on Facebook
Founder
Trent Miskin
  Trent Miskin LinkedIn Profile  Trent Miskin Twitter Account  Trent Miskin News  Trent Miskin on Facebook
VP - Sales
Brett Child
  Brett Child LinkedIn Profile  Brett Child Twitter Account  Brett Child News  Brett Child on Facebook
VP - Sales
Benjamin Davis
  Benjamin Davis LinkedIn Profile  Benjamin Davis Twitter Account  Benjamin Davis News  Benjamin Davis on Facebook

 

 

Browse more venture capital transactions:

Prev: 10/26/2016: AvidXchange venture capital transaction
Next: 10/26/2016: Dataiku venture capital transaction

 

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We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 

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