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.
- Website
- www.laurelroad.com/
- 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
Investors
Ranked
16th among 528 active competitors
Employee Count
58 as on Aug 31, 2026
Exit Details
Acquired by KeyBank (Apr 03, 2019)
Laurel Road's acquisition details
Laurel Road got acquired by KeyBank on Apr 03, 2019.
Click here to take a look at Laurel Road's acquisition in detail
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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 |
View details of Laurel Road's funding rounds and investors
Laurel Road's founders and board of directors
Founder? Claim ProfileLaurel 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Lending Club 2006, San Francisco (United States), Public | P2P marketplace for consumer and business loans | $219M | 82/100 | |
2nd | Upstart 2012, Palo Alto (United States), Public | AI-enabled online marketplace offering diversified loans to consumers and businesses | $129M | 80/100 | |
3rd | Upgrade 2016, San Francisco (United States), Series G | Provider of consumer credit and banking products | $750M | 73/100 | |
4th | Lendio 2011, Lehi (United States), Series E | Online lending marketplace for business loans | $82M | 69/100 | |
5th | Biz2Credit 2007, New York City (United States), Series B | Online marketplace for business loans | $52M | 67/100 | |
6th | 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 | SellersFi 2017, Weston (United States), Series A | Online lending platform for business financing | $166M | 63/100 | |
8th | OppFi 2009, Chicago (United States), Public | Online marketplace for consumer loans | - | 62/100 | |
9th | LendKey Technologies 2007, New York City (United States), Series C | Student & Home improvement loans online by local community lenders | $42.2M | 62/100 | |
10th | 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 | Laurel Road 2006, New York City (United States), Acquired | Online lending platform | $20M | 51/100 |
Looking for more details on Laurel Road's competitors? Click here to see the top ones
Laurel Road's Investments and acquisitions
Laurel Road has made no investments or acquisitions yet.
News related to Laurel Road
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Laurel Road Announces Hiring of Industry Veteran as Chief Marketing OfficerGlobal Fintech Series•Nov 19, 2024•Laurel Road
•
Laurel Road: Exploring How Long It Takes to Pay Off Student Loan DebtNewswire•Jun 16, 2023•Laurel Road
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KeyBank’s Digital Banking Platform Laurel Road Moving to 15K SF at Zero IrvingCommercial Observer•Jul 14, 2022•Laurel Road, Zeroirving, Ralcompanies, KeyBank
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KeyBank & Laurel Road Unveils Digital Bank Specifically for DoctorsCrowdfund Insider•Apr 03, 2021•Laurel Road, KeyBank
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KeyBank aims to launch digital bank for doctors in MarchHealthcare Dive•Jan 25, 2021•KeyBank, Laurel Road
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Keycorp’s Digital Bank Laurel Road To Launch Digital Bank Serving Healthcare SegmentCrowdfund Insider•Jan 21, 2021•KeyBank, Laurel Road
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KeyBank Elevates Online Lending Capabilities With Closing Of Laurel Road AcquisitionPR Newswire•Apr 03, 2019•KeyBank, Laurel Road
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