Where is OnDeck located?

OnDeck is headquartered in New York City, United States.

How many employees does OnDeck have?

As of Sep 30, 2026, the latest employee count at OnDeck is 444.

Is OnDeck a funded company?

OnDeck is a funded company, having raised a total of $197M across 15 funding rounds to date. The company's 1st funding round was a $***** Series A round.

How much is OnDeck worth?

The last known valuation of OnDeck was $***** as of Dec 15, 2020.

When was the latest funding round of OnDeck?

OnDeck's latest funding was a $***** Conventional Debt round on Jul 20, 2018, with participation from 2 investors. Its primary sector is Digital Lending. In United States, the Digital Lending sector has seen $5.91B in funding in 2026 to date.

What is the annual revenue of OnDeck?

Annual revenue of OnDeck is between $100M and $500M as on Dec 31, 2018

Where does OnDeck rank among its competitors?

OnDeck ranks 1st amongst 36 active competitors, of which 7 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was The Fundworks, which secured $28M in Jun, 2026.

Who are the top competitors of OnDeck?

OnDeck's top competitors include Breakout Capital, The Fundworks and SmartBiz Loans. Among them, The Fundworks secured the most recent funding round in June, 2026.

OnDeck - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is OnDeck an acquired company?

OnDeck got acquired by Enova on Jul 28, 2020.

Company Details

Online platform for business loans. It is a direct lender offering terms loans with customized terms, amounts, and repayment options. Users must add the required details and apply for the loan. Once approved, the funds are transferred to the registered business accounts.

Website: www.ondeck.com/
Social
Email ID: *****@ondeck.com

Key Metrics

Founded Year

2007

Location

New York City, United States

Stage

Acquired

Total Funding

$197M in 15 rounds

Latest Funding Round

Conventional Debt, Jul 20, 2018, $*****

Last Known Valuation

$***** as on Dec 15, 2020

Investors

IVP & 23 more

Ranked

1^st among 36 active competitors

Annual Revenue

$100M - $500M as on Dec 31, 2018

Employee Count

444 as on Sep 30, 2026

Investment & Acquisitions

Mykare Health & 6 more

Similar Companies

Breakout Capital & 51 more

Exit Details

Acquired by Enova (Jul 28, 2020)

View OnDeck's full profile

OnDeck is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
ON DECK CAPITAL, INC. CIN: 1420811 , United States, Active	May 03, 2006	$100M - $500M (As on Dec 31, 2018)	397 (As on Dec 31, 2022)	-

OnDeck got acquired by Enova on Jul 28, 2020 at an acquisition amount of $*****.

Click here to take a look at OnDeck's acquisition in detail

OnDeck has raised a total funding of $197M over 15 rounds. Its latest funding round was a Conventional Debt round on Jul 20, 2018 for $*****. 2 investors participated in its latest round. OnDeck has 23 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of OnDeck:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 20, 2018	4932758	Conventional Debt	5593433	2534820	2867296	4265369
Mar 10, 2014	2255589	Series E	3829699	5246289	9991779	IVP & 6 more
Sep 16, 2013	9621580	Conventional Debt	8720024	1772357	9845973	Deutsche Bank & 2 more

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View details of OnDeck's funding rounds and investors

The founders of OnDeck is Mitch Jacobs.

Here are the details of OnDeck's key team members:

Mitch Jacobs: Founder of OnDeck.

View details of OnDeck's Founder profiles and Board Members

OnDeck's employee count trend

OnDeck has 444 employees as of Sep 26. Here is OnDeck's employee count trend over the years:

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Top competitors of OnDeck include Breakout Capital, The Fundworks and SmartBiz Loans. Here is the list of Top 10 competitors of OnDeck, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	OnDeck 2007, New York City (United States), Acquired	Online platform for business loans	$197M	Goldman Sachs, Sapphire Ventures & 22 others	75/100
2nd	Breakout Capital 2015, Washington, DC (United States), Acquired	Tailored financing solutions empowering small businesses to achieve progress and growth	$5.35M	Medalist Partners	49/100
3rd	The Fundworks 2015, Los Angeles (United States), Funding Raised	Small business financing provider	-	-	46/100
4th	SmartBiz Loans 2013, San Francisco (United States), Seed	Alternative lending platform that provides SBA loans for businesses.	$490K	First Round Capital, Catapult & 5 others	43/100
5th	Banjo 2014, Melbourne (Australia), Funding Raised	Online business loans	-	Aura Group, Bravo Futura Capital	43/100
6th	Bond Street 2013, New York City (United States), Series A	Developer of alternative lending for small businesses through term loans	$11.5M	Spark Capital, Red Swan & 8 others	40/100
7th	Able Lending 2011, Austin (United States), Series B	Online platform for business term loans	$15M	RPM Ventures, Floodgate & 18 others	40/100
8th	OneParkFinancial 2010, Doral (United States), Funding Raised	Small business funding solutions, alternative loans, and working capital provider	-	-	39/100
9th	LQD Business Finance 2010, Chicago (United States), Series A	Custom financing solutions for lower middle-market businesses, fostering growth	$10M	Route 66 Ventures, Fintech Ventures Fund	38/100
10th	NepFin 2016, San Francisco (United States), Acquired	Online marketplace for private market data	$13M	Sands Capital Ventures	35/100

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OnDeck has made 6 investments in companies including Mykare Health and Puzzle. OnDeck has also acquired 1 companies including Evolocity.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jun 15, 2023	Investments	Mykare Health	2021	Wilmington (United States)
Feb 16, 2023	Investments	Puzzle	2019	San Francisco (United States)
Mar 01, 2022	Investments	MyPlace	2019	New York City (United States)