LendKey Technologies

New York, United States Founded: 2007 • Age: 19 yrs
Student Home improvement loans online by local community lenders
Annual revenue - Latest available
Total funding $42.2M 9 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

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
    Education
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Lendkey Technologies, Inc.
Operational Areas
Education → Education Technology (EdTech) Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • 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
    Not available
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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.

Product name locked
Category locked
Primary

Provides funding for educational expenses with competitive rates.

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Helps consolidate and lower rates on existing student loans.

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Offers loans for home upgrades and renovations through partners.

People of LendKey Technologies

Headcount 50-200
Employee Profiles 18
Board Members and Advisors 6
Employee Profiles
People
David Mark
Chief Legal Officer & Head of Compliance
People
Broc Sleek
SVP, Lending Operations
People
Matthew Duffey
VP, Learning & Development
People
Jon Enders
VP, Finance & Accounting

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Board Members and Advisors
people
Vaidyanathan Chandrashekhar
Advisor
people
Joe Proto
Board Member
people
Ira Cohen
Board Member
people
Danny Schultz
Board Member

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Tech-focused Venture debt firm providing debt finacing in the US and Europe
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US focused VC firm
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Private equity investments are directed toward multiple sectors.
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Investor details for LendKey Technologies

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Investments & Acquisitions by LendKey Technologies

Investments
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Investment portfolio details for LendKey Technologies

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Financial Statements - LendKey Technologies

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Detailed financials for LendKey Technologies

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Lendkey Technologies Comparisons

LendKey Technologies Primary company
Description
Student & Home improvement loans online by local community l...
Location
New York, United States
Founded Year
2007
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for LendKey Technologies

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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.

Company Name Domain Founded year HQ Location Description
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Diversified loans are provided via an AI-enabled online marketplace.
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Consumer credit and banking products are offered to individuals.
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Student loans and federal servicing are provided by Navient.
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Student loans marketplace for undergraduate and graduate education is operated.
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Education loans are offered to students at partner schools.
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Student loan refinancing, mortgages, and personal loans are offered online.
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Detailed competitors of LendKey Technologies

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Latest news on Lendkey Technologies

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Complete news archive for LendKey Technologies

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Frequently Asked Questions about LendKey Technologies

LendKey Technologies was founded in 2007 and raised its 1st funding round 3 years after it was founded.

LendKey Technologies is headquartered in New York, United States. It is registered at New York, New York, United States.

LendKey Technologies is a funded company, having raised a total of $42.18M across 9 funding rounds to date.

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.

LendKey Technologies's top competitors include Upstart, Upgrade and ClimbCredit.

LendKey Technologies offers Private Student Loans, Student Loan Refinancing, and Home Improvement Loans.

LendKey Technologies has 9 investors. Key investors include SVB, Updata Partners, North Atlantic Capital, DFJ, and Gotham Ventures.

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