About Foundation Finance
Foundation Finance is a company based in Schofield (United States) founded in 2012 was acquired by InterVest in September 2022.. Foundation Finance offers products and services including Financing Programs, Prequalification, and Promotional Programs. Foundation Finance operates in a competitive market with competitors including Splitero, Button Finance, Atlas Invest, Aloha Capital and Willow Lane, among others.
- Headquarter Schofield, United States
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Foundation Finance Company
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$225 M (USD), Debt – Conventional
Jun 12, 2020
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Investors
Goldman Sachs
& 1 more
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Employee Count
Employee Count
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Acquired by
InterVest
(Sep 26, 2022)
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Products & Services of Foundation Finance
Foundation Finance offers a comprehensive portfolio of products and services, including Financing Programs, Prequalification, and Promotional Programs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides loans for home improvement and dealer support
Enables credit checks for potential borrowers
Offers competitive rates and terms for projects
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Software Development Team
11 people
Sales and Marketing
7 people
Data Analysis and Operations Team
6 people
Leadership Team
4 people
Dealer Team
4 people
Finance and Accounting
3 people
Senior Team
3 people
Legal and Compliance
2 people
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Funding Insights of Foundation Finance
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $225.0M
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First Round
First Round
(01 May 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Debt – Conventional - Foundation Finance | Valuation |
investors |
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| May, 2017 | Amount | Debt – Conventional - Foundation Finance | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Foundation Finance
Foundation Finance has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Goldman Sachs and InterVest Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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InterVest Capital Partners is focused on alternative investment management.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Foundation Finance
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Foundation Finance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Foundation Finance Comparisons
Competitors of Foundation Finance
Foundation Finance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Splitero, Button Finance, Atlas Invest, Aloha Capital and Willow Lane, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Developer of an online platform for home equity loans
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| domain | founded_year | HQ Location |
Assets-backed loans are provided by Button Finance.
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| domain | founded_year | HQ Location |
Real estate-backed loans are facilitated via a specialized lending platform.
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| domain | founded_year | HQ Location |
Provides loans for real estate investments like fix and flips.
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| domain | founded_year | HQ Location |
An online platform for real estate loan solutions is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Foundation Finance
Frequently Asked Questions about Foundation Finance
When was Foundation Finance founded?
Foundation Finance was founded in 2012 and raised its 1st funding round 5 years after it was founded.
Where is Foundation Finance located?
Foundation Finance is headquartered in Schofield, United States. It is registered at Schofield, Wisconsin, United States.
Who is the current CEO of Foundation Finance?
Alex Mladek is the current CEO of Foundation Finance.
What does Foundation Finance do?
Foundation Finance was established in 2012 in Schofield, United States, as a provider of consumer financing solutions. Operations focus on lending services tailored to home improvement needs, enabling funding for projects such as renovations and upgrades. The company is led by CEO Alex Mladek and serves customers across the United States through its online platform at foundationfinance.com. Sector involvement centers on personal finance within the home services industry.
Who are the top competitors of Foundation Finance?
Foundation Finance's top competitors include Splitero, Atlas Invest and Button Finance.
What products or services does Foundation Finance offer?
Foundation Finance offers Financing Programs, Prequalification, and Promotional Programs.
Who are Foundation Finance's investors?
Foundation Finance has 2 investors. Key investors include Goldman Sachs, and InterVest Capital Partners.