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
Corporate Office
  • OnDeck Client Service Center, 4700 West Daybreak Parkway
  • Suite 200
  • South Jordan, UT 84009
  • United States
+1 (646)
Primary Industry
Specialized Finance
Parent Company
Enova International
Vertical(s)
TMT, FinTech
Corporate Office
  • OnDeck Client Service Center, 4700 West Daybreak Parkway
  • Suite 200
  • South Jordan, UT 84009
  • United States
+1 (646)

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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 Generating Revenue
18. Merger/Acquisition 13-Oct-2020 Completed Generating Revenue
17. Secondary Transaction - Open Market Completed Generating Revenue
16. Secondary Transaction - Open Market 28-Feb-2018 Completed Generating Revenue
15. Merger/Acquisition 22-Mar-2017 Cancelled Generating Revenue
14. Secondary Transaction - Open Market 28-Feb-2017 Completed Generating Revenue
13. Secondary Transaction - Open Market 29-Feb-2016 Completed Generating Revenue
12. IPO 17-Dec-2014 Completed Generating Revenue
11. Debt - General 09-Apr-2014 $464M Completed Generating Revenue
10. Later Stage VC (Series E) 06-Mar-2014 $77M $464M 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
Series D
Series C-1
Series C
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

San Diego, CA
 

Cincinnati, OH
 
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OnDeck Competitors (25)

One of OnDeck’s 25 competitors is National Funding, a Private Debt Financed company based in San Diego, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
National Funding Private Debt Financed San Diego, CA
The Business Backer Formerly VC-backed Cincinnati, OH
strada capital Corporation Laguna Hills, CA
CAN Capital Private Equity-Backed Marietta, GA
Capify UK Private Equity-Backed Altrincham, United Kingdom
You’re viewing 5 of 25 competitors. Get the full list »

OnDeck Patents

  • 5

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • Pending

  • Expiring in next 12 mo

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
US-20140244479-A1 Process for utilizing web data in making lending decisions Inactive 28-Feb-2013
US-20140172681-A1 Process for verifying data identity for lending decisions Inactive 14-Dec-2012
US-20130339217-A1 Real-time automated online loan transaction system Inactive 25-May-2012
US-20090043697-A1 System and method for repaying an obligation Inactive 06-Aug-2007 G06Q40/02
To view OnDeck’s complete patent history, request access »

OnDeck Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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OnDeck Former Investors (17)

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

OnDeck Investments & Acquisitions (15)

OnDeck’s most recent deal was a Later Stage VC with Roga for . The deal was made on 09-Jul-2024.

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

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OnDeck ESG

Risk Overview

Risk Rating

Updated January, 04, 2021

25.45 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 13,707

Rank

Percentile

Diversified Financials

Industry

of 742

Rank

Percentile

Consumer Finance

Subindustry

of 148

Rank

Percentile

To view OnDeck’s complete esg history, request access »

OnDeck FAQs

  • When was OnDeck founded?

    OnDeck was founded in 2006.

  • 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 .

  • 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, The Business Backer, strada capital, CAN Capital, and Capify UK are some of the 25 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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