Loansnap Overview
- Year Founded
-
2017
- Status
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Private
- Employees
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52
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$2.5M
- Investors
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20
Loansnap General Information
Description
Operator of an online mortgage platform intended to help get out of debt when purchasing or refinancing a mortgage. The company's platform offers a variety of refinancing options, including home equity lines of credit and traditional mortgage loans, enabling homeowners to lower their interest rates and monthly payments.
Contact Information
Website
www.goloansnap.comCorporate Office
- 3070 Bristol Street
- Suite 200
- Costa Mesa, CA 92626
- United States
Corporate Office
- 3070 Bristol Street
- Suite 200
- Costa Mesa, CA 92626
- United States
Loansnap Timeline
Loansnap Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Later Stage VC | 01-Jul-2023 | $2.5M | Completed | Generating Revenue | ||
| 9. Debt - General | 31-Dec-2022 | Completed | Generating Revenue | |||
| 8. Debt - General | 31-Dec-2021 | Completed | Generating Revenue | |||
| 7. Early Stage VC (Series B) | 04-May-2021 | Completed | Generating Revenue | |||
| 6. Early Stage VC (Series A1) | 04-Dec-2020 | Completed | Generating Revenue | |||
| 5. Debt - General | 30-Jun-2020 | Completed | Generating Revenue | |||
| 4. Debt - PPP | 16-Apr-2020 | Completed | Generating Revenue | |||
| 3. Debt - General | 01-Jun-2019 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 30-Mar-2018 | $8M | $12.7M | Completed | Startup | |
| 1. Seed Round | 01-Jun-2017 | $4.7M | $4.7M | Completed | Startup |
Loansnap Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A-1 | ||||||||
| Series A | 3,721,877 | $0.000100 | $0.22 | $2.77 | $2.77 | 1x | $2.77 | 10.87% |
| Seed | 3,876,437 | $0.000100 | $0.05 | $0.66 | $0.66 | 1x | $0.66 | 11.32% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Loansnap Comparisons
Industry
Financing
Details
Loansnap Competitors (22)
One of Loansnap’s 22 competitors is Social Worth Technologies, a Venture Capital-Backed company based in Pune, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Social Worth Technologies | Venture Capital-Backed | Pune, India | ||||
| LoanNow | Formerly VC-backed | Santa Ana, CA | ||||
| Upstart Holdings | Formerly VC-backed | San Mateo, CA | ||||
| Possible Finance | Venture Capital-Backed | Las Vegas, NV | ||||
| Credit Sesame | Private Equity-Backed | Mountain View, CA |
Loansnap Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Loansnap Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Loansnap Investors (20)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Alumni Ventures | Venture Capital | Minority | ||
| Forté Ventures | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Accelerator Ventures | Venture Capital | Minority |
Loansnap Acquisitions (1)
Loansnap’s most recent deal was a Merger/Acquisition with DLJ Financial. The deal was made on 01-Jan-2018.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| DLJ Financial | 01-Jan-2018 | Merger/Acquisition | Consumer Finance |
Loansnap FAQs
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When was Loansnap founded?
Loansnap was founded in 2017.
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Where is Loansnap headquartered?
Loansnap is headquartered in Costa Mesa, CA.
-
What is the size of Loansnap?
Loansnap has 52 total employees.
-
What industry is Loansnap in?
Loansnap’s primary industry is Consumer Finance.
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Is Loansnap a private or public company?
Loansnap is a Private company.
-
What is the current valuation of Loansnap?
The current valuation of Loansnap is .
-
What is Loansnap’s current revenue?
The current revenue for Loansnap is .
-
How much funding has Loansnap raised over time?
Loansnap has raised $82.6M.
-
Who are Loansnap’s investors?
Alumni Ventures, Forté Ventures, , , and Accelerator Ventures are 5 of 20 investors who have invested in Loansnap.
-
Who are Loansnap’s competitors?
Social Worth Technologies, LoanNow, Upstart Holdings, Possible Finance, and Credit Sesame are some of the 22 competitors of Loansnap.
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