Lendio - About the company
Lendio is a series E company based in Lehi (United States), founded in 2011 by Levi King, Brock Blake, Trent Miskin and Brett Child. It operates as an Online lending marketplace for business loans. Lendio has raised $82M in funding from investors like Mastercard, Comcast Ventures and Highway 12 Ventures. The company has 930 active competitors, including 60 funded and 29 that have exited. Its top competitors include companies like Lending Club, Upstart and Fundbox.
Company Details
Lendio is an online lending marketplace for business loans. It offers loans such as equipment financing, credit lines, short-term loans, accounts receivable financing, merchant cash advance, acquisition loans, and more. It also provides tools for calculating loan amounts according to interest rates & loan terms.
- Website
- www.lendio.com/
- Email ID
- *****@lendio.com
- Phone Number
- +1 **********
- Registered Address
- Lehi
Key Metrics
Founded Year
2011
Location
Lehi, United States
Stage
Series E
Total Funding
$82M in 8 rounds
Latest Funding Round
Investors
Ranked
5th among 930 active competitors
Employee Count
462 as on Jun 30, 2026
Investment & Acquisitions
Legal entities associated with Lendio
Lendio is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LENDIO, INC. CIN: 274448961 , United States, Active | Jan 02, 2011 | - | 476 (As on Dec 31, 2024) | - |
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Lendio's funding and investors
Lendio has raised a total funding of $82M over 8 rounds. Its first funding round was on Feb 17, 2011. Its latest funding round was a Series E round on Nov 09, 2020 for $*****. 1 investor participated in its latest round. Lendio has 22 institutional investors.
Here is the list of recent funding rounds of Lendio:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 09, 2020 | 5657946 | Series E | 3715391 | 1619485 | 6848307 | 1663492 |
Feb 27, 2020 | 7100440 | Conventional Debt | 8799049 | 3860395 | 2367330 | |
Feb 27, 2020 | 5462841 | Series E | 9820030 | 3869502 |
View details of Lendio's funding rounds and investors
Lendio's founders and board of directors
Founder? Claim ProfileHere are the details of Lendio's key team members:
- Levi King: Co-Founder of Lendio and founder of 1 other company. They serve on the board of 1 company.
- Brock Blake: Co-Founder & CEO of Lendio. Contact Info: 1 email address
- Trent Miskin: Chief Product Officer and Co-Founder of Lendio.
- Brett Child: Co-Founder of Lendio. Contact Info: 1 email address
View details of Lendio's Founder profiles and Board Members
Lendio's employee count trend
Lendio has 462 employees as of Jun 26. Here is Lendio's employee count trend over the years:
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Lendio's Competitors and alternates
Top competitors of Lendio include Lending Club, Upstart and Fundbox. Here is the list of Top 10 competitors of Lendio, 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 | Fundbox 2013, San Francisco (United States), Series D | AI-based platform for business loans | $734M | 76/100 | |
4th | Figure 2018, San Francisco (United States), Public | Blockchain-based platform for consumer loans | $435M | 74/100 | |
5th | Lendio 2011, Lehi (United States), Series E | Online lending marketplace for business loans | $82M | 69/100 | |
6th | Liquidity Group 2018, New York City (United States), Series C | Provider of AI-based solutions for business lending | $120M | 69/100 | |
7th | 8fig 2020, Austin (United States), Acquired | Provider of funding solutions for e-commerce businesses | $196M | 68/100 | |
8th | Biz2Credit 2007, New York City (United States), Series B | Online marketplace for business loans | $52M | 67/100 | |
9th | eCapital 2006, Miami (United States), Acquired | Provider of asset-based, supply chain, and invoice financing solutions | $81.9M | 67/100 | |
10th | Hello Alice 2015, Houston (United States), Series C | Online networking platform for businesses to launch and grow | $43.4M | 65/100 |
Looking for more details on Lendio's competitors? Click here to see the top ones
Lendio's Investments and acquisitions
Lendio has acquired Sunrise. Lendio has not made any investments as of now.Reports related to Lendio
Here is the latest report on Lendio's sector:
News related to Lendio
Media has covered Lendio for a total of 2 events in the last 1 year, 2 of them have been about partnerships.
•
Sage Partners with Lendio to Offer Embedded Financing for Small BusinessesGlobal Fintech Series•Feb 05, 2026•Sage, Lendio
•
Grasshopper Bank has partnered with Lendio to power AI-driven SBA lending
The Paypers•Jul 18, 2025•Grasshopper Bank, Lendio
•
Efficient Capital Labs Appoints New Chief Revenue OfficerAsian News International•May 07, 2025•Efficient Capital Labs, Lendio
•
Meow Launches Meow Financing in Partnership with Lendio to Fuel Small Business GrowthPR Newswire•Sep 18, 2024•Meow, Lendio
•
Bankwell Financial Group chooses Lendio Intelligent LendingThe Paypers•Sep 16, 2024•Bankwell, Lendio
•
FIS Launches SMB Digital Lending to Streamline Small Business Loan ProcessesFintech Finance•Jul 16, 2024•FIS, Lendio
•
Lendio Brings Small Business Financing to Trucker Path App UsersPRWeb•Jan 30, 2024•Trucker Path, Lendio
•
•
Dun & Bradstreet and Lendio Fuel Small Businesses with Pathways to Capital and Funding OptionsDun & Bradstreet•Oct 10, 2023•Dun & Bradstreet, Lendio
•
Ten Coves Capital Announces The Promotions Of Steven Lula To Partner And Kyle Kruse To Vice PresidentWebDisclosure•Feb 09, 2023•Ten Coves Capital, 7shifts, Canopy, Corpay and 13 others
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