OnDeck Overview

  • Year Founded
  • 2006

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 746

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 2

OnDeck General Information

Description

Provider of financial credit services intended to offer credit and term loans for online small business lending. The company's platform use technology to evaluate businesses based on their actual performance, not solely on business owners' personal credit scores, helping businesses to responsibly expand and access credit.

Contact Information

Website
www.ondeck.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Specialized Finance
Parent Company
Corporate Office
  • OnDeck Client Service Center, 4700 West Daybreak Parkway
  • Suite 200
  • South Jordan, UT 84009
  • United States
+1 (646) 000-0000

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OnDeck Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
19. Later Stage VC 01-Apr-2023 Completed Profitable
18. Merger/Acquisition 13-Oct-2020 00000 00000 00000 Completed Profitable
17. Secondary Transaction - Open Market 00000 Completed Profitable
16. Secondary Transaction - Open Market 28-Feb-2018 00000 Completed Profitable
15. Merger/Acquisition 22-Mar-2017 Cancelled Profitable
14. Secondary Transaction - Open Market 28-Feb-2017 00000 Completed Generating Revenue
13. Secondary Transaction - Open Market 29-Feb-2016 00000 Completed Generating Revenue
12. IPO 17-Dec-2014 00000 00000 00.000 Completed Generating Revenue
11. Debt - General 09-Apr-2014 $464M Completed Generating Revenue
10. Later Stage VC (Series E) 06-Mar-2014 $77M $464M 00.000 Completed Generating Revenue
To view OnDeck’s complete valuation and funding history, request access »

OnDeck Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series E 0,000,000 00.000000 00.00 000.00 000.00 00 000.00 0.000
Series D 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Series C-1 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 0.000
Series C 0,000,000 00.000000 00.00 00.0 00.0 00 00.0 00.000
Series B 5,677,581 $0.010000 $0.24 $2.95 $2.95 1x $2.95 15.87%
Series A 2,976,680 $0.010000 $0.06 $0.73 $0.73 1x $0.73 8.32%
To view OnDeck’s complete cap table history, request access »

OnDeck Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of financial credit services intended to offer credit and term loans for online small business lending. The com
Specialized Finance
South Jordan, UT
746 As of 2020
00000
0000000000 0

000000

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00000000000 0000000
San Diego, CA
000 As of 0000
00000
000000000 00000

000000

qua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut
00000000000 0000000
Altrincham, United Kingdom
000 As of 0000
00000
000000000 00000
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OnDeck Competitors (35)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
National Funding Private Debt Financed San Diego, CA 000 00000 000000000 00000
Capify UK Private Equity-Backed Altrincham, United Kingdom 000 00000 000000000 00000
Crest Capital Corporation Atlanta, GA
Expansion Capital Group Private Debt Financed Sioux Falls, SD 00 0000 000000000 0000
The Business Backer Formerly VC-backed Cincinnati, OH 00 0000
You’re viewing 5 of 35 competitors. Get the full list »

OnDeck Patents

OnDeck Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20150026082-A1 Process for automating compliance with know your customer requirements Inactive 19-Jul-2013 0000000000 00
US-20140244479-A1 Process for utilizing web data in making lending decisions Inactive 28-Feb-2013 000000000 0
US-20140172681-A1 Process for verifying data identity for lending decisions Inactive 14-Dec-2012 000000000 0
US-20130339217-A1 Real-time automated online loan transaction system Inactive 25-May-2012 000000000 0
US-20090043697-A1 System and method for repaying an obligation Inactive 06-Aug-2007 G06Q40/02 00
To view OnDeck’s complete patent history, request access »

OnDeck Executive Team (41)

Name Title Board Seat
Noah Breslow Chief Executive Officer & Chairman
Mike Furino Vice President of Finance
Mitchell Jacobs Founder
You’re viewing 3 of 41 executive team members. Get the full list »

OnDeck Board Members (20)

Name Representing Role Since
David Fisher Self Board Member 000 0000
Noah Breslow OnDeck Chief Executive Officer & Chairman 000 0000
Ron Verni Self Board Member 000 0000
Sean Rahilly Self Board Member 000 0000
Steven Cunningham Self Board Member 000 0000
You’re viewing 5 of 20 board members. Get the full list »

OnDeck 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

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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OnDeck Former Investors (17)

Investor Name Investor Type Holding Investor Since Participating Rounds
Bloodhound Partners Family Office Minority 000 0000 000000 0
Contour Venture Partners Venture Capital Minority 000 0000 000000 0
First Round Capital Venture Capital Minority 000 0000 000000 0
Foundation Capital Venture Capital Minority 000 0000 000000 0
GV Corporate Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 17 investors. Get the full list »

OnDeck Investments & Acquisitions (15)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Roga 09-Jul-2024 00000 0000 00.00 Therapeutic Devices
Induced 03-Oct-2023 0000 00000 00.00 Business/Productivity Software
Kredit Academy 19-Apr-2023 0000 00000 00.00 Educational Software
Crstl 28-Feb-2023 0000 00000 00.00 Software Development Applications
Databrain 07-Oct-2022 Seed Round Database Software
You’re viewing 5 of 15 investments and acquisitions. Get the full list »

OnDeck Exits (3)

Company Name Exit Date Exit Type Exit Size Status Buyers
Superpeer 23-Nov-2020 00000 00000 00 000 Completed
  • 9 buyers
OnDeck Canada 01-Apr-2019 000000000000000000 000.00 Completed
  • 000000
B'more Organic 06-Dec-2016 Grant 0000 Completed
To view OnDeck’s complete exits history, request access »

OnDeck FAQs

  • When was OnDeck founded?

    OnDeck was founded in 2006.

  • Who is the founder of OnDeck?

    Mitchell Jacobs is the founder of OnDeck.

  • Who is the CEO of OnDeck?

    Noah Breslow is the CEO of OnDeck.

  • Where is OnDeck headquartered?

    OnDeck is headquartered in South Jordan, UT.

  • What is the size of OnDeck?

    OnDeck has 746 total employees.

  • What industry is OnDeck in?

    OnDeck’s primary industry is Specialized Finance.

  • Is OnDeck a private or public company?

    OnDeck is a Private company.

  • What is OnDeck’s current revenue?

    The current revenue for OnDeck is 00000.

  • How much funding has OnDeck raised over time?

    OnDeck has raised $650M.

  • Who are OnDeck’s investors?

    Bloodhound Partners, Contour Venture Partners, First Round Capital, Foundation Capital, and GV are 5 of 17 investors who have invested in OnDeck.

  • Who are OnDeck’s competitors?

    National Funding, Capify UK, Crest Capital, Expansion Capital Group, and The Business Backer are some of the 35 competitors of OnDeck.

  • When was OnDeck acquired?

    OnDeck was acquired on 01-Apr-2023.

  • Who acquired OnDeck?

    OnDeck was acquired by Enova International.

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