OnDeck Overview
- Year Founded
-
2006

- Status
-
Acquired/Merged
- Employees
-
746

- 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(Operating Subsidiary)
Corporate Office
- OnDeck Client Service Center, 4700 West Daybreak Parkway
- Suite 200
- South Jordan, UT 84009
- United States
Corporate Office
- OnDeck Client Service Center, 4700 West Daybreak Parkway
- Suite 200
- South Jordan, UT 84009
- United States
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 | $464M | Completed | Generating Revenue |
OnDeck Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | 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% |
OnDeck Comparisons
Industry
Financing
Details
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 |
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 | ||
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 |
OnDeck Signals
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 |
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 |
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

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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