About Laurel Road
Laurel Road is a company based in New York (United States) founded in 2006 was acquired by KeyBank in June 2019. Laurel Road has raised $20 million across 1 funding round from investors including KeyBank and Patriot Financial Partners. Laurel Road operates in a competitive market with competitors including Upstart, Tala, JIMU Group, Crest Financial and Credova, among others.
- Headquarter New York, United States
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Financial Services
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People of Laurel Road
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Funding Insights of Laurel Road
Laurel Road has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $20 million completed in September 2017. 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.
Investors in Laurel Road
Laurel Road has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include KeyBank and Patriot Financial Partners.
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Private equity investments are targeted at US companies.
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Investor details for Laurel Road
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Investments & Acquisitions by Laurel Road
Investment portfolio details for Laurel Road
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Financial Statements - Laurel Road
Detailed financials for Laurel Road
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Laurel Road Comparisons
Peer comparison for Laurel Road
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Competitors of Laurel Road
Laurel Road 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 Upstart, Tala, JIMU Group, Crest Financial and Credova, among others.
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Diversified loans are provided via an AI-enabled online marketplace.
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Fintech services for credit, savings, and payments are delivered globally.
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Online lending marketplace for loans
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Hosts a digital marketplace for consumer and business loans.
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Provides financing options for shoppers to buy products and pay in installments.
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Detailed competitors of Laurel Road
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Latest news on Laurel Road
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Frequently Asked Questions about Laurel Road
Laurel Road was founded in 2006 and raised its 1st funding round 11 years after it was founded.
Laurel Road is headquartered in New York, United States. It is registered at New York, New York, United States.
Gary Lieberman is the current CEO of Laurel Road.
Laurel Road is a funded company, having raised a total of $20M across 1 funding round to date.
LaurelRoad is an online lending platform which provides student loan refinancing, mortgages and personal loans. It offers student refinancing loans starting from 5000 for a tenure of up to 20 years with fixed and variable interest rates up to 10. It offers unsecured personal loans ranging from 1000 to 80,000 for a tenure of 3 - 5 years with interest rates ranging from 5.5 - 10.74. It offers mortgage loans with a minimum deposit of 3. Users need to provide their basic details upload their documents for approval. Once approved, users can sign the loan documents online and receive the funds in their account. In April 2018, Darien Rowayton Bank and its online lending platform LaurelRoad have rebranded as Laurel Road Bank.
Laurel Road has 2 investors. Key investors include KeyBank, and Patriot Financial Partners.