About Lend Layer
Lend Layer is a company based in San Francisco (United States) founded in 2014 was acquired by Affirm in August 2015.. Lend Layer has raised $400 thousand across 1 funding round from investors including Affirm, Jaan Tallinn and Michael Fleischman. Lend Layer operates in a competitive market with competitors including Navient, ClimbCredit, College Ave, Ascent and Credible Labs, among others.
- Headquarter San Francisco, United States
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Sectors
EducationFinancial Services
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Phone
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Website
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Social
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Funding Insights of Lend Layer
Lend Layer has successfully raised a total of $400K through 1 strategic funding round. The most recent funding activity was a Seed round of $400 thousand completed in August 2014. 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 Seed — $400,000
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First Round
First Round
(19 Aug 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2014 | Amount | Seed - Lend Layer | 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 Lend Layer
Lend Layer has secured backing from 4 investors, including angel and institutional investors. Prominent investors backing the company include Affirm, Jaan Tallinn and Michael Fleischman. 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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Point-of-sale financing is facilitated via an online installment payment platform.
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Founded Year | Domain | Location | |
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JT
Jaan Tallinn |
Co-founder of Skype, angel investor, focused on AI and tech innovation
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Founded Year | Domain | Location |
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MF
Michael Fleischman |
Angel investor, ex-Google, focused on Indian startups and tech innovation
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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 Lend Layer
| 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 - Lend Layer
| 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 |
Lend Layer Comparisons
Competitors of Lend Layer
Lend Layer 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 Navient, ClimbCredit, College Ave, Ascent and Credible Labs, 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 |
Student loans and federal servicing are provided by Navient.
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| domain | founded_year | HQ Location |
Education loans are offered to students at partner schools.
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| domain | founded_year | HQ Location |
Student loans marketplace for undergraduate and graduate education is operated.
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| domain | founded_year | HQ Location |
Software development and cloud services are provided by Ascent.
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| domain | founded_year | HQ Location |
Alternate lending for student loans and refinancing is provided.
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| domain | founded_year | HQ Location |
Student & Home improvement loans online by local community lenders
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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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Frequently Asked Questions about Lend Layer
When was Lend Layer founded?
Lend Layer was founded in 2014.
Where is Lend Layer located?
Lend Layer is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Lend Layer a funded company?
Lend Layer is a funded company, having raised a total of $400K across 1 funding round to date. The company's 1st funding round was a Seed of $400K, raised on Aug 19, 2014.
What does Lend Layer do?
Lend Layer was founded in 2014 in San Francisco, United States, as a platform in the education financing sector. Loans are provided to students for coding bootcamp fees, with a grace period of up to three months post-course requiring 50 monthly payments, followed by installment options. Services are extended through partnerships with bootcamp schools across the region.
Who are the top competitors of Lend Layer?
Lend Layer's top competitors include ClimbCredit, Navient and College Ave.
Who are Lend Layer's investors?
Lend Layer has 4 investors. Key investors include Affirm, Jaan Tallinn, Michael Fleischman, and Deb Roy.
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