Launched in 2007, On Deck uses data aggregation and electronic payment technology to evaluate the financial health of small and medium sized businesses and efficiently deliver capital to a market underserved by banks. Through the On Deck platform, millions of small businesses can obtain affordable loans with a fraction of the time and effort that it takes through traditional channels.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
02/13/13 | $42,000,000 | Series D |
Institutional Venture Partners | undisclosed |
05/01/13 | $17,000,000 | Series D |
Peter Thiel | undisclosed |