About LendKey Technologies
LendKey Technologies is a company based in New York (United States) founded in 2007.. LendKey Technologies has raised $42.18 million across 9 funding rounds from investors including SVB, Updata Partners and North Atlantic Capital. LendKey Technologies offers products and services including Private Student Loans, Student Loan Refinancing, and Home Improvement Loans. LendKey Technologies operates in a competitive market with competitors including Upstart, Upgrade, Navient, College Ave and ClimbCredit, among others.
- Headquarter New York, United States
-
Sectors
EducationFinancial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Lendkey Technologies, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$42.18 M (USD)
in 9 rounds
-
Latest Funding Round
$4.15 M (USD), Series C
Dec 11, 2019
-
Investors
SVB
& 8 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of LendKey Technologies
LendKey Technologies offers a comprehensive portfolio of products and services, including Private Student Loans, Student Loan Refinancing, and Home Improvement Loans. 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.
Provides funding for educational expenses with competitive rates.
Helps consolidate and lower rates on existing student loans.
Offers loans for home upgrades and renovations through partners.
Unlock access to complete
Unlock access to complete
Funding Insights of LendKey Technologies
LendKey Technologies has successfully raised a total of $42.18M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $4.15 million completed in December 2019. 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 9
- Last Round Series C — $4.2M
-
First Round
First Round
(01 Feb 2010)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Series C - LendKey Technologies | Valuation |
investors |
|
| Jul, 2017 | Amount | Debt – Venture - LendKey Technologies | Valuation |
investors |
|
| Jul, 2017 | Amount | Series C - LendKey Technologies | Valuation | North Atlantic Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in LendKey Technologies
LendKey Technologies has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB, Updata Partners and North Atlantic Capital. 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 |
|---|---|---|---|---|
|
Tech-focused Venture debt firm providing debt finacing in the US and Europe
|
Founded Year | Domain | Location | |
|
US focused VC firm
|
Founded Year | Domain | Location | |
|
Private equity investments are directed toward multiple sectors.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by LendKey Technologies
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - LendKey Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lendkey Technologies Comparisons
Competitors of LendKey Technologies
LendKey Technologies 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, Upgrade, Navient, College Ave and ClimbCredit, 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 |
Diversified loans are provided via an AI-enabled online marketplace.
|
|
| domain | founded_year | HQ Location |
Consumer credit and banking products are offered to individuals.
|
|
| domain | founded_year | HQ Location |
Student loans and federal servicing are provided by Navient.
|
|
| domain | founded_year | HQ Location |
Student loans marketplace for undergraduate and graduate education is operated.
|
|
| domain | founded_year | HQ Location |
Education loans are offered to students at partner schools.
|
|
| domain | founded_year | HQ Location |
Student loan refinancing, mortgages, and personal loans are offered online.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Lendkey Technologies
Frequently Asked Questions about LendKey Technologies
When was LendKey Technologies founded?
LendKey Technologies was founded in 2007 and raised its 1st funding round 3 years after it was founded.
Where is LendKey Technologies located?
LendKey Technologies is headquartered in New York, United States. It is registered at New York, New York, United States.
Is LendKey Technologies a funded company?
LendKey Technologies is a funded company, having raised a total of $42.18M across 9 funding rounds to date. The company's 1st funding round was a Series C of $8M, raised on Feb 01, 2010.
What does LendKey Technologies do?
LendKey Technologies was founded in 2007 in New York, United States, within the financial services sector. A platform is operated for student and home loans, funded by local community lenders including credit unions and banks. Existing student loans are refinanced, while home improvement and energy efficiency loans are provided. White label solutions are offered as turnkey platforms for lending-as-a-service, covering underwriting and digital loan servicing.
Who are the top competitors of LendKey Technologies?
LendKey Technologies's top competitors include Upstart, Upgrade and ClimbCredit.
What products or services does LendKey Technologies offer?
LendKey Technologies offers Private Student Loans, Student Loan Refinancing, and Home Improvement Loans.
Who are LendKey Technologies's investors?
LendKey Technologies has 9 investors. Key investors include SVB, Updata Partners, North Atlantic Capital, DFJ, and Gotham Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.