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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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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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 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $20.0M
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First Round
First Round
(14 Sep 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2017 | Amount | Private Equity Round - Laurel Road | Valuation | Patriot Financial Partners |
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| 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 |
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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. 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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Private equity investments are targeted at US companies.
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Regional bank
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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 Laurel Road
| 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 - Laurel Road
| 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 |
Laurel Road Comparisons
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. 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.
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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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| 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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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 Laurel Road
Frequently Asked Questions about Laurel Road
When was Laurel Road founded?
Laurel Road was founded in 2006 and raised its 1st funding round 11 years after it was founded.
Where is Laurel Road located?
Laurel Road is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Laurel Road?
Gary Lieberman is the current CEO of Laurel Road.
Is Laurel Road a funded company?
Laurel Road is a funded company, having raised a total of $20M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $20M, raised on Sep 14, 2017.
What does Laurel Road do?
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.
Who are the top competitors of Laurel Road?
Who are Laurel Road's investors?
Laurel Road has 2 investors. Key investors include KeyBank, and Patriot Financial Partners.
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