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Laurel Road - About the company

Laurel Road is an acquired company based in New York City (United States), founded in 2006. It operates as an Online lending platform. Laurel Road has raised $20M in funding from Patriot Financial Partners. The company has 528 active competitors, including 38 funded and 14 that have exited. Its top competitors include companies like Lending Club, Upstart and Upgrade.

Company Details

LaurelRoad is an online lending platform which provides student loan refinancing, mortgages and personal loans. It offers student refinancing loans starting from $5000 for a tenure of up to 20 years with fixed and variable interest rates up to 10%. It offers unsecured personal loans ranging from $1000 to $80,000 for a tenure of 3 - 5 years with interest rates ranging from 5.5% - 10.74%. It offers mortgage loans with a minimum deposit of 3%. Users need to provide their basic details & upload their documents for approval. Once approved, users can sign the loan documents online and receive the funds in their account. In April 2018, Darien Rowayton Bank and its online lending platform LaurelRoad have rebranded as Laurel Road Bank.
Social
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Email ID
*****@laurelroad.com
Phone Number
+1 **********
Key Metrics
Founded Year
2006
Location
New York City, United States
Stage
Acquired
Total Funding
$20M in 1 round
Latest Funding Round
Ranked
Employee Count
58 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by KeyBank (Apr 03, 2019)

Laurel Road's acquisition details

Laurel Road got acquired by KeyBank on Apr 03, 2019.
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Laurel Road's funding and investors

Laurel Road has raised a total funding of $20M over 1 round. Its latest funding round was a PE round on Sep 14, 2017 for $*****. 1 investor participated in its latest round. Laurel Road has 1 institutional investor.

Here is the list of recent funding rounds of Laurel Road:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 14, 2017
8373795
PE
6434193
4363766
6555386
2792447
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Laurel Road's founders and board of directors

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Laurel Road's employee count trend

Laurel Road has 58 employees as of Aug 26. Here is Laurel Road's employee count trend over the years:
Employee count trend for Laurel Road
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Laurel Road's Competitors and alternates

Top competitors of Laurel Road include Lending Club, Upstart and Upgrade. Here is the list of Top 10 competitors of Laurel Road, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Lending Club
Lending Club
2006, San Francisco (United States), Public
P2P marketplace for consumer and business loans
$219M
82/100
2nd
Logo for Upstart
Upstart
2012, Palo Alto (United States), Public
AI-enabled online marketplace offering diversified loans to consumers and businesses
$129M
80/100
3rd
Logo for Upgrade
Upgrade
2016, San Francisco (United States), Series G
Provider of consumer credit and banking products
$750M
73/100
4th
Logo for Lendio
Lendio
2011, Lehi (United States), Series E
Online lending marketplace for business loans
$82M
69/100
5th
Logo for Biz2Credit
Biz2Credit
2007, New York City (United States), Series B
Online marketplace for business loans
$52M
67/100
6th
Logo for Nav
Nav
2012, San Mateo (United States), Series C
Provider of cloud-based business credit and financial health management solutions for small business owners
$90.3M
65/100
7th
Logo for SellersFi
SellersFi
2017, Weston (United States), Series A
Online lending platform for business financing
$166M
63/100
8th
Logo for OppFi
OppFi
2009, Chicago (United States), Public
Online marketplace for consumer loans
-
62/100
9th
Logo for LendKey Technologies
LendKey Technologies
2007, New York City (United States), Series C
Student & Home improvement loans online by local community lenders
$42.2M
62/100
10th
Logo for Community Capital Technology
Community Capital Technology
2017, New York City (United States), Series A
Provider of loan transactions marketplace and business intelligence platform
$13.5M
59/100
16th
Logo for Laurel Road
Laurel Road
2006, New York City (United States), Acquired
Online lending platform
$20M
51/100
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Laurel Road's Investments and acquisitions

Laurel Road has made no investments or acquisitions yet.

News related to Laurel Road

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