OnDeck Overview

  • Year Founded
  • 2006

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 292

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $116M

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 uses technology to evaluate businesses based on their actual performance, not solely on business owners' personal credit scores, enabling 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
  • 4700 West Daybreak Parkway
  • Suite 200
  • South Jordan, UT 84009
  • United States
+1 (888)
Primary Industry
Specialized Finance
Parent Company
Enova International
Vertical(s)
TMT, FinTech
Corporate Office
  • 4700 West Daybreak Parkway
  • Suite 200
  • South Jordan, UT 84009
  • United States
+1 (888)

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

OnDeck Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
18. Merger/Acquisition 13-Oct-2020 $116M 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 Completed Generating Revenue
10. Later Stage VC (Series E) 06-Mar-2014 $80M $467M Completed Generating Revenue
9. Debt - General 16-Sep-2013 $130M $387M 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
292 As of 2024

Lehi, UT
 

Cincinnati, OH
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

OnDeck Competitors (29)

One of OnDeck’s 29 competitors is Lendio, a Private Equity-Backed company based in Lehi, UT.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Lendio Private Equity-Backed Lehi, UT
The Business Backer Formerly VC-backed Cincinnati, OH
Capify UK Private Equity-Backed Altrincham, United Kingdom
National Funding Private Debt Financed San Diego, CA
Expansion Capital Group Private Debt Financed Sioux Falls, SD
You’re viewing 5 of 29 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

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

OnDeck Former Investors (19)

Investor Name Investor Type Holding Investor Since Participating Rounds
Bloodhound Partners Family Office Minority
Burch Creative Capital Venture Capital Minority
Contour Venture Partners Venture Capital Minority
First Round Capital Venture Capital Minority
Foundation Capital Venture Capital Minority
You’re viewing 5 of 19 investors. Get the full list »

OnDeck Investments & Acquisitions (17)

OnDeck’s most recent deal was a Seed Round with Mezzi for . The deal was made on 20-Jun-2025.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Mezzi 20-Jun-2025 Seed Round Financial Software
Canid 03-Jun-2025 Early Stage VC Practice Management (Healthcare)
Roga 09-Jul-2024 Later Stage VC Therapeutic Devices
Induced 01-Jan-2024 Seed Round Business/Productivity Software
Kiddie Kredit 19-Apr-2023 Seed Round Educational Software
You’re viewing 5 of 17 investments and acquisitions. Get the full list »

Ready to get started?

Request a free trial

OnDeck Affiliates

Subsidiaries (2)

Name Industry Location Year Founded
Ondeck Account Receivables Trust 2013-1 New York, NY 2019
Ondeck Asset Securitization Trust Wilmington, DE 2014

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 292 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 the current valuation of OnDeck?

    The current valuation of OnDeck is .

  • What is OnDeck’s current revenue?

    The current revenue for OnDeck is .

  • How much funding has OnDeck raised over time?

    OnDeck has raised $653M.

  • Who are OnDeck’s investors?

    Bloodhound Partners, Burch Creative Capital, Contour Venture Partners, First Round Capital, and Foundation Capital are 5 of 19 investors who have invested in OnDeck.

  • Who are OnDeck’s competitors?

    Lendio, The Business Backer, Capify UK, National Funding, and Expansion Capital Group are some of the 29 competitors of OnDeck.

  • When was OnDeck acquired?

    OnDeck was acquired on 13-Oct-2020.

  • Who acquired OnDeck?

    OnDeck was acquired by Enova International.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process