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Fundera - About the company
Fundera is an acquired company based in New York City (United States), founded in 2013 by Jared Hecht, Andres Moran and Rohan Deshpande. It operates as a Multiple credit solutions provider for small businesses. Fundera has raised $18.9M in funding from investors like First Round Capital, SV Angel and Khosla Ventures. The company has 122 active competitors, including 8 funded and 10 that have exited. Its top competitors include companies like NerdWallet, LendingTree and Raisin.
Company Details
Fundera is an online marketplace that connects small business owners with the best funding provider for their businesses. Fundera works with hand-picked, prescreened lenders to assemble the highest quality funding sources for small business owners and ensures borrowers receive fair terms and rates on each loan. Displays term loans on the basis of data analysis of merchant's payables and receivables through accounting softwares such as Xero and QuickBooks. The company was co-founded in 2013 by GroupMe co-founder Jared Hecht, successful software entrepreneur Rohan Deshpande and seasoned entrepreneur Andres Moran to bring transparency to the lending process. Angel investors Strauss Zelnick, Rob Wiesenthal, David Rosenblatt and David Tisch also participated in the seed round. Has Secured $12M In Funding For More Than 300 Small Businesses as of Feb 2015.
- Website
- www.fundera.com/
- Social
Key Metrics
Founded Year
2013
Location
New York City, United States
Stage
Acquired
Total Funding
$18.9M in 2 rounds
Latest Funding Round
Investors
Ranked
4th among 122 active competitors
Employee Count
52 as on Mar 31, 2026
Exit Details
Acquired by NerdWallet (Oct 30, 2020)
Fundera's acquisition details
Fundera got acquired by NerdWallet on Oct 30, 2020.
Click here to take a look at Fundera's acquisition in detail
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Fundera's funding and investors
Fundera has raised a total funding of $18.9M over 2 rounds. Its first funding round was on Feb 04, 2014. Its latest funding round was a Series B round on Sep 17, 2015 for $*****. 4 investors participated in its latest round. Fundera has 11 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of Fundera:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 17, 2015 | 3410444 | Series B | 9915275 | 9909370 | 1420381 | 1503786 |
Feb 04, 2014 | 1156594 | Series A | 2917547 | 9852209 |
Access funding benchmarks and valuations. Sign up today!View details of Fundera's funding rounds and investors
Fundera's founders and board of directors
Founder? Claim ProfileHere are the details of Fundera's key team members:
- Jared Hecht: Co-Founder and CEO of Fundera and founder of 1 other company. They are also an angel investor in 7 startups.
- Andres Moran: Former Co-Founder of Fundera and founder of 2 other companies, Complete Sleep and Earndit.
- Rohan Deshpande: Former Co-Founder & CTO of Fundera.
View details of Fundera's Founder profiles and Board Members
Fundera's employee count trend
Fundera has 52 employees as of Mar 26. Here is Fundera's employee count trend over the years:
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Fundera's Competitors and alternates
Top competitors of Fundera include NerdWallet, LendingTree and Raisin. Here is the list of Top 10 competitors of Fundera, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  NerdWallet 2009, San Francisco (United States), Public | App-based comparison platform for financial products | $123M | 79/100 | |
2nd | LendingTree 1996, Charlotte (United States), Acquired | Network connecting consumers with lenders for loans and credit products | - | 78/100 | |
3rd | Comparison platform for bank accounts | $304M | 73/100 | ||
4th | _1580720511653.png?devicePixelRatio=2&height=30&width=30){kind=logo} Fundera 2013, New York City (United States), Acquired | Multiple credit solutions provider for small businesses | $18.9M | 56/100 | |
5th | _1580720391269.png?devicePixelRatio=2&height=30&width=30){kind=logo} Capitalise 2014, London (United Kingdom), Series B | Online lending marketplace for SMB loans | $30.8M | 55/100 | |
6th | _1578662450784.png?devicePixelRatio=2&height=30&width=30){kind=logo} Acorn Finance 2017, Sacramento (United States), Series A | Credit brokerage firm | $12.4M | 51/100 | |
7th | Bizfi 2005, New York City (United States), Series B | Tailored loan products for self-employed borrowers with flexible eligibility | $20M | 49/100 | |
8th | Bills 2005, San Mateo (United States), Funding Raised | Empowering financial decisions with debt solutions, loans, mortgages, and credit cards | - | - | 42/100 |
9th | MagnifyMoney 2014, New York City (United States), Acquired | Aggregator of financial products | - | 39/100 | |
10th | Cashably 2021, Ann Arbor (United States), Unfunded | Platform offering loan comparison solutions | - | - | 38/100 |
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Fundera's Investments and acquisitions
Fundera has made no investments or acquisitions yet.
Reports related to Fundera
Here is the latest report on Fundera's sector:
News related to Fundera
Filter this list•
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Oxygen and Fundera Partner for Fast Distribution of Second-Round Paycheck Protection Program LoansBusiness Wire•Jan 26, 2021•Oxygen, Fundera
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NerdWallet Acquires Fundera, The Go-To Small Business ResourceAiThority•Nov 02, 2020•NerdWallet, Fundera
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The Traditional SME Lending Process Pretty Much SucksCrowdfund Insider•Oct 22, 2017•Fundera, Oliver Wyman
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Online Lenders' Newest Strategy: Radical TransparencyInc.•May 17, 2016•Lending Club, Balboa Capital, Fundera, Circle and 1 other
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