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Able Lending

Description

Provider of collaborative lending services intended to help main street businesses grow through low-interest loans. The company's platform allows borrowers to access the amount of capital they need, at affordable rates by getting some support from their network of friends and family, enabling them to fund business at any stage.

2013

Founded

PRIVATE

Status

11-50

Employees

Series B1

Latest Deal Type

$4M

Latest Deal Amount

$110M

Total Amount Raised

Description

Provider of collaborative lending services intended to help main street businesses grow through low-interest loans. The company's platform allows borrowers to access the amount of capital they need, at affordable rates by getting some support from their network of friends and family, enabling them to fund business at any stage.

Website:

www.ablelending.com

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Consumer Finance

Other Industries

Specialized Finance

Primary Office

800 West Cesar Chavez Street B101 Austin, TX 78701United States +1 (512) 222-5425
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Able Lending Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

Able Lending Investors (37)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
2020 VenturesVenture CapitalMinority000 0000000 0000
Amish ShahAngel (individual)Minority000 0000000 0000
AngelListOtherMinority000 0000000 0000
Base VenturesVenture CapitalMinority000 0000000 0000
Ben DavenportAngel (individual)Minority000 0000000 0000
2020 Ventures Venture Capital
Amish Shah Angel (individual)
AngelList Other
Base Ventures Venture Capital
Ben Davenport Angel (individual)

Able Lending Executive Team (15)

NameTitleBoard
Seat
Contact
Info
William Davis Jr.Co-Founder & Chief Executive Officer
John ScharbachChief Operating Officer
Mihir KorkeChief Marketing Officer
Stu SmithCreative Director
Samuel LauffenburgerDirector of Engineering
William Davis Jr. Co-Founder & Chief Executive Officer
John Scharbach Chief Operating Officer
Mihir Korke Chief Marketing Officer
Stu Smith Creative Director
Samuel Lauffenburger Director of Engineering
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