Lantern Credit Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 11

Employees

  • Latest Deal Type
  • M&A

Lantern Credit General Information

Description

Developer of a consumer credit platform designed to solve systemic inefficiencies in the consumer credit market. The company's consumer credit platform empowers users to view their credit report and credit score and provides customized guidance on how making specific financial choices will impact their credit score now and in the future, enabling consumers to model the impact of their financial actions on their credit scores, make payments and accept new credit offers.

Contact Information

Website
www.lanterncredit.com
Formerly Known As
New England Funding Technologies
Ownership Status
Acquired/Merged
Financing Status
Formerly Angel backed
Corporate Office
  • 100 Bayview Circle
  • Suite 3000
  • Newport Beach, CA 92660
  • United States
Primary Industry
Social/Platform Software
Other Industries
Financial Software
Acquirer
SoFi
Vertical(s)
TMT, FinTech
Corporate Office
  • 100 Bayview Circle
  • Suite 3000
  • Newport Beach, CA 92660
  • United States

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Lantern Credit Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Merger/Acquisition 01-Mar-2019 0000 Completed Generating Revenue
1. Early Stage VC 10-Sep-2015 0000 0000 Completed Startup
To view Lantern Credit’s complete valuation and funding history, request access »

Lantern Credit Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a consumer credit platform designed to solve systemic inefficiencies in the consumer credit market. The com
Social/Platform Software
Newport Beach, CA
11 As of 2015
0000
000000&0 0000

00000

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00000000 0000000
Chicago, IL
000 As of 0000
00.000
000000 - 000 00.000
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Lantern Credit Competitors (1)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Avant (Consumer Finance) Private Equity-Backed Chicago, IL 000 00.000 000000 - 000 00.000
You’re viewing 1 of 1 competitors. Get the full list »

Lantern Credit Patents

  • 1

    Total Documents Applications and Grants

  • 000

    Total Patents Families

  • 000

    Granted

  • 000

    Pending

  • 000

    Expiring in next 12 mo

Lantern Credit Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20180012299-A1 System and methods for extending credit lines associated with credit ratings Inactive 11-Jul-2016 000000000 0

Lantern Credit Executive Team (7)

Name Title Board Seat
Chad Swensen Chief Executive Officer & Board Member
John Sculley Ph.D Vice Chairman
You’re viewing 2 of 7 executive team members. Get the full list »

Lantern Credit Board Members (7)

Name Representing Role Since
Chad Swensen Self Chief Executive Officer & Board Member 000 0000
James Held Self Board Member 000 0000
John Mack Self Chairman 000 0000
John Sculley Ph.D Self Vice Chairman 000 0000
Kevin Knight Self Board Member 000 0000
You’re viewing 5 of 7 board members. Get the full list »

Lantern Credit Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Lantern Credit Former Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds
John Mack Angel (individual) Minority 000 0000 000000 0
Kevin Knight Angel (individual) Minority 000 0000 000000 0
To view Lantern Credit’s complete investors history, request access »

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Lantern Credit FAQs

  • When was Lantern Credit founded?

    Lantern Credit was founded in 2013.

  • Who is the founder of Lantern Credit?

    Christopher Imrey is the founder of Lantern Credit.

  • Who is the CEO of Lantern Credit?

    Chad Swensen is the CEO of Lantern Credit.

  • Where is Lantern Credit headquartered?

    Lantern Credit is headquartered in Newport Beach, CA.

  • What is the size of Lantern Credit?

    Lantern Credit has 11 total employees.

  • What industry is Lantern Credit in?

    Lantern Credit’s primary industry is Social/Platform Software.

  • Is Lantern Credit a private or public company?

    Lantern Credit is a Private company.

  • What is Lantern Credit’s current revenue?

    The current revenue for Lantern Credit is 000000.

  • How much funding has Lantern Credit raised over time?

    Lantern Credit has raised $10M.

  • Who are Lantern Credit’s investors?

    John Mack and Kevin Knight have invested in Lantern Credit.

  • Who are Lantern Credit’s competitors?

    Avant (Consumer Finance) is a competitor of Lantern Credit.

  • When was Lantern Credit acquired?

    Lantern Credit was acquired on 01-Mar-2019.

  • Who acquired Lantern Credit?

    Lantern Credit was acquired by SoFi.

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