About Liftforward
Liftforward is a company based in New York (United States) founded in 2013.. Liftforward has raised $32.3 million across 5 funding rounds from investors including Monroe Capital, GLI Finance and IA Capital Group. The company has 18 employees as of December 31, 2022. Liftforward offers products and services including Upgrade Program, Subscription Program, and Digital Attach Program. Liftforward operates in a competitive market with competitors including Ovamba, The Small & Medium Business Exchange, Bond Street, CrowdOut and The Credit Junction, among others.
- Headquarter New York, United States
- Employees 18 as on 31 Dec, 2022
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Liftforward, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$32.3 M (USD)
in 5 rounds
-
Latest Funding Round
$30 M (USD), Series B
Jun 17, 2024
-
Investors
Monroe Capital
& 3 more
-
Employee Count
18
as on Dec 31, 2022
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 Liftforward
Liftforward offers a comprehensive portfolio of products and services, including Upgrade Program, Subscription Program, and Digital Attach Program. 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.
Enables product upgrades through financing options.
Supports subscription-based financing for services.
Facilitates digital integration of finance services.
Unlock access to complete
Funding Insights of Liftforward
Liftforward has successfully raised a total of $32.3M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in June 2024. 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 5
- Last Round Series B — $30.0M
-
First Round
First Round
(24 Sep 2014)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series B - Liftforward | Valuation |
investors |
|
| Nov, 2016 | Amount | Debt – Venture - Liftforward | Valuation |
investors |
|
| Jun, 2016 | Amount | Series A - Liftforward | Valuation |
investors |
| 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 Liftforward
Liftforward has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Monroe Capital, GLI Finance and IA Capital Group. 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 |
|---|---|---|---|---|
|
Private debt financing is offered via specialized funds.
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on tech startups
|
Founded Year | Domain | Location | |
|
An investment management firm specializing in diversified funds and portfolios.
|
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 Liftforward
| 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 - Liftforward
| 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 |
Liftforward Comparisons
Competitors of Liftforward
Liftforward 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 Ovamba, The Small & Medium Business Exchange, Bond Street, CrowdOut and The Credit Junction, 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 |
Online peer-to-peer lending is facilitated for SMEs by Ovamba.
|
|
| domain | founded_year | HQ Location |
Online P2P marketplace for term loans
|
|
| domain | founded_year | HQ Location |
Alternative term loans for small businesses are financed by investors.
|
|
| domain | founded_year | HQ Location |
P2P funding is facilitated for middle market business loans.
|
|
| domain | founded_year | HQ Location |
Provides working capital financing solutions to small and medium enterprises.
|
|
| domain | founded_year | HQ Location |
Business loans are matched online between borrowers and lenders.
|
| 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 Liftforward
Frequently Asked Questions about Liftforward
When was Liftforward founded?
Liftforward was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Liftforward located?
Liftforward is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Liftforward a funded company?
Liftforward is a funded company, having raised a total of $32.3M across 5 funding rounds to date.
How many employees does Liftforward have?
As of Dec 31, 2022, the latest employee count at Liftforward is 18.
What does Liftforward do?
LiftForward operates a marketplace loan platform which provides loans to small businesses and high yielding debt products to investors. Investors on the platform range from hedge funds to asset managers. Businesses are able to borrow up to 1 million per transaction for asset purchases, purchase order financing, or working capital. LiftForward partners with suppliers, retailers and manufacturers in order to provide financing to their small business customers.
Who are the top competitors of Liftforward?
Liftforward's top competitors include SmartBiz Loans, Bond Street and CrowdOut.
What products or services does Liftforward offer?
Liftforward offers Upgrade Program, Subscription Program, and Digital Attach Program.
Who are Liftforward's investors?
Liftforward has 4 investors. Key investors include Monroe Capital, GLI Finance, IA Capital Group, and Varadero Capital.