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Ledge

Ledge
2013 FOUNDED
PRIVATE STATUS
1-10 EMPLOYEES
Seed LATEST DEAL TYPE
$1.08M LATEST DEAL AMOUNT
$2.82M TOTAL AMOUNT RAISED
Description

Provider of a community lending platform designed to optimize digital distribution of financial products and automate loan funding. The company's community lending platform improves the interaction between borrowers and lenders, instantly exposes borrowers to a personalized set of finance options, as well as eliminates virtually all friction points associated with the qualification, origination and funding of loan products, enabling chartered banks, alternative lenders and card payment providers to focus on retail financing for prime, near-prime and subprime markets.

Website:
Formerly Known As
Tabulous
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Other Financial Services
Other Industries
Financial Software
Primary Office
1600 Main Street
Venice
Los Angeles, CA 90291
United States
+1 (424) 260-8561
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Ledge Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Seed Round 08-Sep-2016 $1.08M $2.82M 00.000 Completed Startup
5. Accelerator/Incubator 01-Sep-2016 00.000 Completed Startup
4. Early Stage VC 15-Mar-2016 00000 00.000 Completed Startup
3. Seed Round 24-Sep-2015 00000 00.000 Completed Startup
2. Angel (individual) 26-Nov-2014 $344k $844k Completed Startup
1. Seed Round 26-Feb-2014 $500k $500k $1.73M Completed Startup
To view this company’s complete deal history including valuation and funding request access »

Ledge Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Seed 2 00,000,000 00.000000 00.00 00.00 00 00.00 00.000
Seed 0,000,000 00.000000 00.00 00.00 00 00.00 0.000
FF Preferred 1,600,000 $0.000010 $0.12 $0.12 1x $0.12 2.35%
To view this company’s complete Cap Table request access »

Ledge Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Amplify.LA Accelerator/Incubator Minority 000 0000 000000 0
Green Visor Capital Venture Capital Minority 000 0000 000000 0
Social Capital Venture Capital Minority 000 0000 000000 0
TenOneTen Ventures Venture Capital Minority 000 0000 000000 0
Wonder Ventures Venture Capital Minority 000 0000 000000 0

Ledge Executive Team (4)

Name Title Board
Seat
Contact
Info
Adam Neff Co-Founder, Chief Executive Officer & Board Member
Eran Karoly Chief Operating Officer
Luke Weber Co-Founder, Chief Technology Officer & Board Member
Ivan Oliver Vice President of Engineering

Ledge Board Members (4)

Name Representing Role Since Contact
Info
Adam Neff Ledge Co-Founder, Chief Executive Officer & Board Member 000 0000
Brad Lensing Self Board Member 000 0000
Luke Weber Ledge Co-Founder, Chief Technology Officer & Board Member 000 0000
Michael Walsh Green Visor Capital Board Member 000 0000