Orchard - About the company
Orchard is an acqui-hired company based in New York City (United States), founded in 2013 by Jonathan Kelfer and David Snitkof. It operates as a Technology and infrastructure provider for marketplace lending.. Orchard has raised $64.7M in funding. The company has 131 active competitors, including 38 funded and 21 that have exited. Its top competitors include companies like Sparkfund, Linedata and AutoFi.
Company Details
Orchard Platform is an investment and analytics platform that supports the marketplaces for loans by providing technical and operational efficiencies to help institutional investors and loan originators connect and transact.The platform enables institutional investors to scale their investment in the marketplace lending space by providing investment strategy, real-time execution and reporting, analytics, and access to supply. It helps originators expand the credit landscape by connecting them to a diverse set of capital providers and enables them to focus on making loans and giving borrowers more choices. The company is a SEC registered investment adviser
- Website
- orchardplatform.com
Key Metrics
Founded Year
2013
Location
New York City, United States
Stage
Acqui-Hired
Total Funding
$64.7M in 4 rounds
Latest Funding Round
Investors
Ranked
51st among 131 active competitors
Employee Count
51 - 200 as on Jul 01, 2024
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Orchard's funding and investors
Orchard has raised a total funding of $64.7M over 4 rounds. Its first funding round was on Dec 10, 2013. Orchard has 12 institutional investors.
Here is the list of recent funding rounds of Orchard:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 11, 2017 | 1897276 | Series C | 4767169 | 9049719 | 5209619 | 1312370 |
Sep 10, 2015 | 9045601 | Series B | 8212537 | 6877029 | 5241740 | |
Oct 01, 2014 | 4801085 | Series A | 7850320 | 7034437 | 3680055 |
View details of Orchard's funding rounds and investors
Orchard's founders and board of directors
Founder? Claim ProfileThe founders of Orchard are Jonathan Kelfer and David Snitkof.
Here are the details of Orchard's key team members:
- Jonathan Kelfer: Co-Founder & CTO of Orchard. They are also an angel investor in 1 startup.
- David Snitkof: Co-Founder, Chief Analytics Officer, Chief Product Officer of Orchard.
- Matt Burton: CEO of Orchard.
View details of Orchard's Founder profiles and Board Members
Orchard's employee count trend
Orchard has 51 - 200 employees as of Jul 24. Here is Orchard's employee count trend over the years:
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Orchard's Competitors and alternates
Top competitors of Orchard include Sparkfund, Linedata and AutoFi. Here is the list of Top 10 competitors of Orchard, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Sparkfund 2013, Washington, DC (United States), Series C | Subscription-based energy as a service provider | $49.9M | 65/100 | |
2nd | Provider of software, data, analytics, and related services for financial institutions | - | 63/100 | ||
3rd | AutoFi 2015, San Francisco (United States), Series B | Cloud-driven loan lifecycle management solution for automobile financing | $127M | 63/100 | |
4th | GreenSky 2006, Atlanta (United States), Acquired | Lending as a service platform for consumer financing | $610M | 61/100 | |
5th | Lendflow 2019, Houston (United States), Series A | Provider of cloud-based lending solutions | $13M | 61/100 | |
6th | OatFi 2021, New York City (United States), Series A | Provider of API-driven working capital solutions for B2B payments platforms | $35.2M | 60/100 | |
7th | NetSol Tech 1979, Calabasas (United States), Public | Developer of an AI-driven platform for asset finance and retail | - | - | 58/100 |
8th | Cloud Lending 2013, Foster City (United States), Acquired | Provider of digital banking solutions for financial institutions and their clients | $16.1M | 56/100 | |
9th | Alfa Systems 1990, Sydney (Australia), Public | Developer of software platform for asset and auto finance operations | - | 55/100 | |
10th | Fundation 2011, New York City (United States), Series A | Online Small Business Lending Platform | $6.66M | 54/100 | |
51st | Orchard 2013, New York City (United States), Acqui-Hired | Technology and infrastructure provider for marketplace lending. | $64.7M | 34/100 |
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Orchard's Investments and acquisitions
Orchard has made no investments or acquisitions yet.
Reports related to Orchard
Here is the latest report on Orchard's sector:
News related to Orchard
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Kabbage Acquires Lending Data Provider Orchard Platform MarketsPYMNTS.com•Apr 13, 2018•Kabbage, Orchard, The Orchard
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Orchard Partners with Bloomberg with Online Lending Data | Crowdfund InsiderCrowdfund Insider•Nov 01, 2017•Orchard, Bloomberg
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Orchard & Experian Form Strategic Collaboration PartnershipCrowdfund Insider•Jul 06, 2017•Orchard, Experian
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