Your Source for Venture Capital and Private Equity Financings

VC-funded Company:

SoMoLend
20-22 West 12th Stree
Cincinnati, OH 45202
Phone: 855-766-6536
https://www.somolend.com

SoMoLend is a Web-based lending platform that uses patent-pending technology to connect small business borrowers with individual and organizational investors (lenders), executed within a hyper-localized geographic scope. SoMoLend's user-friendly technology allows small business borrowers to obtain loans from friends, family, customers, community supporters and interested organizations as well as from Facebook, Twitter, and LinkedIn connections.

Key Contact
Name
Candace Klein
Title
CEO
Funding Events

Date
Amount
Type
Investors
Valuation
05/15/12 $1,170,000 Seed Blue Chip Partners
Clarion Direct Investment
Clifford Holekamp
Eldar Investment
North Coast Angel Fund
Queen City Angels
Shaker LaunchHouse
undisclosed
03/06/13 $2,000,000 Seed Blue Chip Partners
Bob Baron
Bruce Terry
Cheryl and Carlin Stamm
Clarion Direct Investment
Clifford Holekamp
Eldar Investment
Elizabeth Crowell
North Coast Angel Fund
QED Investors
Queen City Angels
Shaker LaunchHouse
undisclosed


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