About Fundera
Fundera is a company based in New York (United States) founded in 2013 was acquired by NerdWallet in October 2020.. Fundera has raised $14.9 million across 2 funding rounds from investors including NerdWallet, Khosla Ventures and Lerer Hippeau. Fundera offers products and services including Loan Comparison Tool and Credit Card Comparison Service. Fundera operates in a competitive market with competitors including Capitalise, Bizfi, Betterfin, Seek Capital and FundWell, among others.
- Headquarter New York, United States
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.9 M (USD)
in 2 rounds
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Latest Funding Round
$11.5 M (USD), Series B
Sep 17, 2015
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Investors
NerdWallet
& 11 more
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Employee Count
Employee Count
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Acquired by
NerdWallet
(Oct 30, 2020)
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Products & Services of Fundera
Fundera offers a comprehensive portfolio of products and services, including Loan Comparison Tool and Credit Card Comparison Service. 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.
Tool for comparing small business loan options
Service for evaluating credit card options for businesses
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Sales and Marketing
4 people
Software Development Team
2 people
Senior Team
1 people
Front Team
1 people
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Funding Insights of Fundera
Fundera has successfully raised a total of $14.9M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $11.5 million completed in September 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $11.5M
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First Round
First Round
(04 Feb 2014)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2015 | Amount | Series B - Fundera | Valuation | Susquehanna Growth Equity | |
| Feb, 2014 | Amount | Series A - Fundera | Valuation | Khosla Ventures , First Round Capital |
| 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 Fundera
Fundera has secured backing from 12 investors, including venture fund and angel investors. Prominent investors backing the company include NerdWallet, Khosla Ventures and Lerer Hippeau. 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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Early-stage startups are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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US focused seed and early-stage VC firm
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Founded Year | Domain | Location | |
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Venture capital fund investing in early-stage start-ups
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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 Fundera
| 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 - Fundera
| 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 |
Fundera Comparisons
Competitors of Fundera
Fundera 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 Capitalise, Bizfi, Betterfin, Seek Capital and FundWell, 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 |
SMB loans are facilitated via an online matching marketplace.
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| domain | founded_year | HQ Location |
Credit options are aggregated for businesses via an automated platform.
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| domain | founded_year | HQ Location |
Business loans are facilitated via a lender network for enterprises.
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| domain | founded_year | HQ Location |
Business loans and credit cards are compared on the platform.
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| domain | founded_year | HQ Location |
A platform for comparing business loan options effectively.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Fundera
Frequently Asked Questions about Fundera
When was Fundera founded?
Fundera was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Fundera located?
Fundera is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Fundera a funded company?
Fundera is a funded company, having raised a total of $14.9M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.4M, raised on Feb 04, 2014.
What does Fundera do?
Fundera was established in 2013 in New York, United States, as an online marketplace within the fintech sector. Small business owners are matched with vetted funding providers through data analysis of payables and receivables from accounting tools like Xero and QuickBooks. Term loans are offered based on these insights, ensuring standardized terms. Operations focus on transparency in lending for over 300 businesses, with 12 million secured by February 2015.
Who are the top competitors of Fundera?
Fundera's top competitors include Capitalise, Bizfi and Betterfin.
What products or services does Fundera offer?
Fundera offers Loan Comparison Tool and Credit Card Comparison Service.
Who are Fundera's investors?
Fundera has 12 investors. Key investors include NerdWallet, Khosla Ventures, Lerer Hippeau, First Round Capital, and QED Investors.
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