OnDeck Receives $77,000,000 New Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=695db02c-b38c-4430-9d10-089b43720a26 - Date
3/6/2014 - Company Name
OnDeck - Mailing Address
155 E 56th Street 2nd Floor New York, NY 10022 - Company Description
OnDeck was founded in 2006 to help businesses get small business loan financing when traditional bank loans are not an option. Our vision is to help small businesses get access to business loan financing, which should improve their payment behaviors and credit scores so they may someday qualify for a traditional loan. - Website
http://www.ondeckcapital.com - Transaction Type
Venture Equity - Transaction Amount
$77,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
OnDeck will use the funds to advance its main growth initiatives: accelerating new product development, geographic expansion, robust marketing and aggressive hiring. - M&A Terms
- Venture Investor
Tiger Global Management - Venture Investor
Institutional Venture Partners - Venture Investor
RRE Ventures - Venture Investor
SAP Ventures - Venture Investor
Google Ventures - Venture Investor
First Round Capital - Venture Investor
Industry Ventures - Venture Investor
Investor
