Oportun
2005
FOUNDED
PRIVATE
STATUS
Series H
LATEST DEAL TYPE
$90.2M
LATEST DEAL AMOUNT
19
INVESTORS
Description
Provider of banking and financial services designed to provide affordable loans. The company services offer loans without collateral to clients who lack credit history by using its sophisticated risk-scoring system that emphasizes a client's true capacity to afford a loan, enabling clients to build a better future.
Website
Formerly Known As
Progreso Financiero
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Consumer Finance
Other Industries
Other Financial Services
Primary Office
- P.O. Box 4085
- Menlo Park, CA 94026
- United States
+1 (866) 000-0000
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Oportun Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 15. Later Stage VC (Series H) | 19-Feb-2015 | $90.2M | 00000 | 00000 | Completed | Generating Revenue |
| 14. Secured Debt | 01-Jan-2015 | 00000 | 00000 | Completed | Generating Revenue | |
| 13. Later Stage VC | 09-Dec-2014 | 0000 | 00000 | Completed | Generating Revenue | |
| 12. Later Stage VC (Series G) | 05-Sep-2013 | 000.00 | 00000 | 00000 | Completed | Generating Revenue |
| 11. Senior Debt | 30-Jun-2013 | 000 | 00000 | Completed | Generating Revenue | |
| 10. Later Stage VC | 05-Oct-2012 | 00000 | Completed | Generating Revenue | ||
| 9. Later Stage VC (Series F) | 02-Jul-2012 | 000.00 | 00000 | 000.00 | Completed | Generating Revenue |
| 8. Later Stage VC (Series E) | 06-Jan-2012 | 000.00 | 00000 | 00000 | Completed | Generating Revenue |
| 7. Debt - General | 25-Oct-2011 | $30M | $107M | Completed | Generating Revenue | |
| 6. Debt - General | 07-Sep-2011 | $25M | $77.2M | Completed | Generating Revenue |
Oportun Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|---|---|---|---|---|---|---|---|
| Series H | 00,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Series G | 00,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Series F1 | 00,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Series F | 00,000,000 | 00.000000 | 00 | 00.0 | 00.0 | 00 | 00.0 | 0.000 |
| Series E1 | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
| Series D1 | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
| Series C1 | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
| Series B1 | 4,600,000 | $0.000100 | 8% | $0.92 | $0.92 | 1x | $0.92 | 1.49% |
| Series A1 | 260,000 | $0.000100 | 8% | $0.33 | $0.33 | 1x | $0.33 | 0.08% |
Oportun Competitors (8)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Progressa | Venture Capital-Backed | Vancouver, Canada | 000 | 000.00 | 00000000000 | 000.00 |
| 0000000 | Formerly VC-backed | Baltimore, MD | 00 | 000.00 | 000000&0 | 000.00 |
| 0000000 | Venture Capital-Backed | New York, NY | 000 | 000.00 | 00000000000 | 000.00 |
| 000000 | Venture Capital-Backed | San Francisco, CA | 00 | 000.00 | 00000000000 | 000.00 |
| 000000000 | Venture Capital-Backed | Toronto, Canada | 00 | 000.00 | 0000000000 | 000.00 |
Oportun Investments & Acquisitions (2)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 000000000000000.00 | 09-Oct-2018 | 000000000000000000 | Social/Platform Software | 0000 0000000 | |
| Online Benefits | 03-Aug-1999 | Early Stage VC | BPO/Outsource Services |
Oportun Exits (1)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| 000000 00000000 | 03-Aug-1999 | 00000 00000 00 | Completed |
|
Oportun Investors (19)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Fidelity Management & Research | Asset Manager | Minority | 000 0000 | 000000 0 | ||
| FJ Labs | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Glynn Capital | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Putnam Investments | Asset Manager | Minority | 000 0000 | 000000 0 | ||
| IVP | Venture Capital | Minority | 000 0000 | 000000 0 |
Oportun Executive Team (35)
18 Former Executives
You’re viewing 5 of 35 executives. Get the full list »Oportun Board Members (12)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Aida Alvarez | Self | Board Member | 000 0000 | |
| Carl Pascarella | TPG Capital | Board Member | 000 0000 | |
| Chris Larsen | Core Innovation Capital | Board Member | 000 0000 | |
| David Strohm | Greylock Partners | Board Member | 000 0000 | |
| Jo Ann Barefoot | Self | Board Member | 000 0000 |