About LendingTree
LendingTree is a company based in Charlotte (United States) founded in 1996 by Doug Lebda was acquired by IAC in May 2003.. The company has 937 employees as of December 31, 2024. LendingTree has completed 13 acquisitions, including CompareCards, Deposit Accounts and GetSmart. LendingTree operates in a competitive market with competitors including NerdWallet, Raisin, SmartAsset, Modern Finance and Capstack Technologies, among others.
- Headquarter Charlotte, United States
- Employees 937 as on 31 Dec, 2024
- Founders Doug Lebda
- Stage Public
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lendingtree, Inc.
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Annual Revenue
$900.22 M33.86as on Dec 31, 2024
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Net Profit
$-41.7 M65.93as on Dec 31, 2024
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EBITDA
$76.92 M118.15as on Dec 31, 2024
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Latest Funding Round
$500 M (USD), Post-IPO
Jul 21, 2020
- Investors
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Employee Count
937
as on Dec 31, 2024
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Investments & Acquisitions
CompareCards
& 12 more
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Acquired by
IAC
(May 05, 2003)
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IPO & Listings of LendingTree
LendingTree is a publicly listed company on the NASDAQ with ticker symbol TREE in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Software Development Team
63 people
Senior Team
29 people
Sales and Marketing
29 people
Data Analysis and Operations Team
27 people
Leadership Team
22 people
Product Management Team
21 people
Human Resources and Administration
9 people
Sr. Team
8 people
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Funding Insights of LendingTree
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $500.0M
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First Round
First Round
(01 Dec 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Post-IPO - LendingTree | Valuation |
investors |
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| Oct, 2018 | Amount | Debt – Conventional - LendingTree | Valuation |
investors |
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| Dec, 2017 | Amount | Post-IPO - LendingTree | Valuation |
investors |
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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 |
investors |
Investors in LendingTree
LendingTree has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include IAC. 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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Acquisitions and creations of media and internet brands are managed.
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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 LendingTree
LendingTree has strategically engaged in corporate development activities, having acquired 13 companies. Notable acquisitions include CompareCards, Deposit Accounts and GetSmart. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Aggregator of financial products
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2014 | ||||
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Ad creative management solutions are provided for targeted audiences.
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2014 | ||||
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Personal finance products are researched and compared for users.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - LendingTree
| 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 |
Lendingtree Comparisons
Competitors of LendingTree
LendingTree 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 NerdWallet, Raisin, SmartAsset, Modern Finance and Capstack Technologies, 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 |
App-based comparison platform for financial products
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| domain | founded_year | HQ Location |
Comparison platform for bank accounts
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| domain | founded_year | HQ Location |
Financial products are compared online to offer data-driven advisory services.
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| domain | founded_year | HQ Location |
An online marketplace connects banks for deposit liquidity exchange.
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| domain | founded_year | HQ Location |
Bank-to-bank marketplace and communication platform are facilitated.
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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 Lendingtree
Frequently Asked Questions about LendingTree
When was LendingTree founded?
LendingTree was founded in 1996 and raised its 1st funding round 21 years after it was founded.
Where is LendingTree located?
LendingTree is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
Who is the current CEO of LendingTree?
Doug Lebda is the current CEO of LendingTree. They have also founded this company.
How many employees does LendingTree have?
As of Dec 31, 2024, the latest employee count at LendingTree is 937.
What is the annual revenue of LendingTree?
Annual revenue of LendingTree is $900.22M as on Dec 31, 2024.
What does LendingTree do?
LendingTree was founded in 1996 and is headquartered in Charlotte, United States. An online lending exchange is operated, connecting consumers with multiple lenders in the financial services sector. Access is provided to various products, including mortgages, refinance loans, home equity lines of credit, auto loans, personal loans, and credit cards, allowing competition among lenders for consumer business.
Who are the top competitors of LendingTree?
LendingTree's top competitors include NerdWallet, Raisin and Modern Finance.
Is LendingTree publicly traded?
Yes, LendingTree is publicly traded on NASDAQ under the ticker symbol TREE.
How many acquisitions has LendingTree made?
LendingTree has made 13 acquisitions, including CompareCards, Deposit Accounts, and GetSmart.
Who are LendingTree's investors?
LendingTree has 1 investor. Key investors include IAC.
What is LendingTree's ticker symbol?
The ticker symbol of LendingTree is TREE on NASDAQ.
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