When was Lendio founded?

Lendio was founded in 2011 and raised its 1st funding round within a year of its incorporation.

Where is Lendio located?

Lendio is headquartered in Lehi, United States. It is registered at Lehi.

How many employees does Lendio have?

As of Aug 31, 2026, the latest employee count at Lendio is 436.

Is Lendio a funded company?

Lendio is a funded company, having raised a total of $82M across 8 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Feb 17, 2011.

When was the latest funding round of Lendio?

Lendio's latest funding was a $***** Series E round on Nov 09, 2020, with participation from 1 investor.

Where does Lendio rank among its competitors?

Lendio ranks 4th amongst 953 active competitors, of which 61 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was eCapital, which secured $388M in Oct, 2025.

Who are the top competitors of Lendio?

Lendio's top competitors include Lending Club, Upstart and Figure. Among them, eCapital secured the most recent funding round in October, 2025.

Lendio - 2026 Company Profile, Team, Funding & Competitors

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/
Social
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

Series E, Nov 09, 2020, $*****

Investors

Mastercard & 21 more

Ranked

4^th among 953 active competitors

Employee Count

436 as on Aug 31, 2026

Investment & Acquisitions

Sunrise & 1 more

Similar Companies

Yubi & 764 more

View Lendio's full profile

Lendio is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
LENDIO, INC. CIN: 274448961 , United States, Active	Jan 02, 2011	-	476 (As on Dec 31, 2024)	-

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:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 09, 2020	8948303	Series E	8645568	1497768	6118198	6636106
Feb 27, 2020	4140397	Conventional Debt	9228117	1261572	6800678	Signature Bank
Feb 27, 2020	9905795	Series E	5913275	5383764	Mercato Partners	Napier Park Global Capital & 4 more

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View details of Lendio's funding rounds and investors

The founders of Lendio are Levi King, Brock Blake and Brett Child.

Here 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
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 436 employees as of Aug 26. Here is Lendio's employee count trend over the years:

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Top competitors of Lendio include Lending Club, Upstart and Figure. Here is the list of Top 10 competitors of Lendio, ranked by Tracxn score:

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	T. Rowe Price, Wellington & 46 others	83/100
2nd	Upstart 2012, Palo Alto (United States), Public	AI-enabled online marketplace offering diversified loans to consumers and businesses	$129M	First Round Capital, Collab Fund & 29 others	80/100
3rd	Figure 2018, San Francisco (United States), Public	Blockchain-based platform for consumer loans	$435M	Morgan Creek Capital Management, DCM Ventures ... & 53 others	74/100
4th	Lendio 2011, Lehi (United States), Series E	Online lending marketplace for business loans	$82M	Napier Park Global Capital, Square 1 Bank ... & 20 others	69/100
5th	Liquidity 2018, New York City (United States), Series C	Provider of debt financing for growth stage technology business entities	$120M	Spark Capital, Apollo Funds & 7 others	69/100
6th	Biz2Credit 2007, New York City (United States), Series B	Online marketplace for business loans	$52M	WestBridge Capital, Nexus Venture Partners ... & 1 others	67/100
7th	eCapital 2006, Miami (United States), Acquired	Provider of asset-based, supply chain, and invoice financing solutions	$81.9M	Ares Management	66/100
8th	Hello Alice 2015, Houston (United States), Series C	Online networking platform for businesses to launch and grow	$43.4M	SVB, QED Investors & 21 others	65/100
9th	8fig 2020, Austin (United States), Acquired	Provider of funding solutions for e-commerce businesses	$196M	Koch Disruptive Technologies, Battery Ventures ... & 6 others	64/100
10th	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	Experian, Kickstart Seed Fund & 27 others	64/100