About LoanPro
LoanPro is a company based in Farmington (United States) founded in 2006 by Ben Roberts, Lloyd Roberts, and Rhett Roberts. LoanPro has raised $100 million across 1 funding round from investors including FTV Capital. LoanPro offers products and services including Modern Lending Core, Origination Suite, Servicing Suite, Collections Suite, and Payments Suite. LoanPro operates in a competitive market with competitors including LeaseAccelerator, Open Co, Veefin, FinBox and Finley, among others.
- Headquarter Farmington, United States
- Founders Ben Roberts, Lloyd Roberts, Rhett Roberts
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$100 M (USD)
in 1 rounds
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Latest Funding Round
$100 M (USD), Series A
Jul 07, 2021
- Investors
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Employee Count
Employee Count
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Products & Services of LoanPro
LoanPro offers a comprehensive portfolio of products and services, including Modern Lending Core, Origination Suite, Servicing Suite, Collections Suite, and Payments Suite.
API-first architecture for lending innovation and scalability
Tools to convert applicants into approved loans efficiently
Platform for customer experiences and agent efficiency in loans
Strategies to reduce default rates and launch hardship programs
Secure system for loan collection and payment handling
People of LoanPro
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Software Development Team
26 people
Leadership Team
8 people
Sales and Marketing
6 people
Creative and Marketing Team
4 people
Enterprise Team
3 people
Operations Team
3 people
Product Management Team
2 people
Human Resources and Administration
2 people
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Funding Insights of LoanPro
LoanPro has successfully raised a total of $100M through 1 strategic funding round. The most recent funding activity was a Series A round of $100 million completed in July 2021. 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 Series A — $100.0M
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First Round
First Round
(07 Jul 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series A - LoanPro | Valuation |
investors |
Investors in LoanPro
LoanPro has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include FTV Capital.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investment firm
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Founded Year | Domain | Location |
Investments & Acquisitions by LoanPro
Financial Statements - LoanPro
Loanpro Comparisons
Competitors of LoanPro
LoanPro 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 LeaseAccelerator, Open Co, Veefin, FinBox and Finley, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based lease accounting and management solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Loan lifecycle management software is developed for financial institutions.
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| domain | founded_year | HQ Location |
SaaS-based supply chain financing solutions are delivered globally.
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| domain | founded_year | HQ Location |
Developer of digital credit infrastructure and risk intelligence suite
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| domain | founded_year | HQ Location |
Credit cycle management software is provided for business capital oversight.
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| domain | founded_year | HQ Location |
AI-driven loan origination and management software is provided for lenders.
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Frequently Asked Questions about LoanPro
LoanPro was founded in 2006 and raised its 1st funding round 15 years after it was founded.
LoanPro is headquartered in Farmington, United States.
Rhett Roberts is the current CEO of LoanPro. They have also founded this company.
LoanPro is a funded company, having raised a total of $100M across 1 funding round to date. The company's 1st funding round was a Series A of $100M, raised on Jul 07, 2021.
Founded in 2006 and headquartered in Farmington, United States, LoanPro operates in the financial technology sector. Cloud-based solutions for loan lifecycle management are provided, including loan tracking, automated payments and collections, API integrations, and a customer portal for data access. Services encompass loan origination, servicing, document collection, and credit assessments, supporting both consumer and business loans.
LoanPro offers Modern Lending Core, Origination Suite, Servicing Suite, Collections Suite, and Payments Suite.
LoanPro has 1 investor. Key investors include FTV Capital.