About LoanTek
LoanTek is a Financial Services company based in Boise (United States) founded in 2008, and was acquired by Bankrate in June 2015. Loan pricing and origination platforms are provided to mortgage lenders. LoanTek has raised $1 million across 3 funding rounds from investors including Bankrate and Keiretsu Forum. Its focus areas include FinTech, Banking Tech, Business Intelligence and Product Pricing. Its legal entity is LoanTek, Inc. Its competitors include Mortech, Tactile Finance and RateXray.
Company details
LoanTek was founded in 2008 in Boise, United States, and operates within the mortgage lending sector. A loan pricing engine and origination platform are supplied to mortgage companies, consumer direct divisions, and loan originators. Key products encompass Loan Desk Manager for lock management, Automated Quoting for single and multi-channel use, Lead Management Services, Campaign Manager, Lead Manager, Loan Pricer, Website Quote Widget, and LoanTek Connect.
- Headquarters Boise, United States
- Stage Acquired
- SectorsFinancial Services
- Website loantek.com
- Social LinkedIn X Facebook
- Acquired by Bankrate (Jun 2015)
- Legal Name Loantek, Inc
Funding Insights of LoanTek
LoanTek has successfully raised a total of $1M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $200 thousand completed in October 2014. 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 $1M
- Total Rounds 3
- Last Round Debt – Conventional — $200,000
- Investors Count 1
All 3 funding rounds of LoanTek with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2014 | $200,000 | Debt – Conventional | – | – | – |
| Mar 2014 | $1M | Seed | – | – | – |
| Jun 2012 | Seed | – | – |
2 investors in total: 2 institutional.
Investors in LoanTek
LoanTek has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Bankrate and Keiretsu Forum.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Accredited investors are networked for private equity funding opportunities. | 2000 | keiretsuforum.com | San Francisco, United States | |
Personal finance content is aggregated, published, and distributed online. | 1976 | bankrate.com | North Palm Beach, United States |
Investor details for LoanTek
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of LoanTek
4 dated milestones of LoanTek across 7 years, from founding to its latest funding, stage changes and deals.
- Founded LoanTek is founded.
- Funding First funding round.
- Funding Latest funding round, Debt – Conventional, of $200K.
- Exit Acquired by Bankrate.
Competitors of LoanTek
LoanTek has 3 listed competitors in our database. They include Mortech, Tactile Finance and RateXray.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mortech.com | 1987 | Lincoln, United States | Mortgage rate search automation is delivered via cloud-based software. | |||
| tactilefinance.com | 2012 | Brooklyn, United States | Offers a customer engagement platform tailored for mortgage services. | |||
| ratexray.com | 2020 | United States | Delivers mortgage pricing and analytics solutions for financial professionals. |
Detailed competitors of LoanTek
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of LoanTek
Websites that share an audience with LoanTek (loantek.com).
Websites whose visitors overlap most with LoanTek. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
leadoriginators.com | leadoriginators.com | 100% | – | ||
| calyxsoftware.com | 70% | 12.8K | #1,950,614 | View details | |
| leadcapsule.com | 64% | 1.5K | #10,385,649 | View details | |
theleadswarehouse.com | theleadswarehouse.com | 62% | #4,880,978 | – | |
| bestratereferrals.com | 62% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for LoanTek
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as LoanTek (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
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Frequently Asked Questions about LoanTek
LoanTek was founded in 2008 and raised its 1st funding round 4 years after it was founded.
LoanTek is headquartered in Boise, United States. It is registered at Boise, Idaho, United States.
LoanTek is a funded company, having raised a total of $1M across 3 funding rounds to date.
LoanTek was founded in 2008 in Boise, United States, and operates within the mortgage lending sector. A loan pricing engine and origination platform are supplied to mortgage companies, consumer direct divisions, and loan originators. Key products encompass Loan Desk Manager for lock management, Automated Quoting for single and multi-channel use, Lead Management Services, Campaign Manager, Lead Manager, Loan Pricer, Website Quote Widget, and LoanTek Connect.
LoanTek's top competitors include Mortech, Tactile Finance and RateXray.
LoanTek has 2 investors. Key investors include Bankrate, and Keiretsu Forum.
LoanTek operates through Loantek, Inc.
Yes. LoanTek was acquired by Bankrate in June 2015.