LoanTek

Boise, United States Founded: 2008 • Age: 18 yrs Acquired By Bankrate
Loan pricing and origination platforms are provided to mortgage lenders.
Annual revenue - Latest available
Total funding $1.0M 3 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 6 Brand Intelligence

About LoanTek

LoanTek is a company based in Boise (United States) founded in 2008 was acquired by Bankrate in June 2015. LoanTek has raised $1 million across 3 funding rounds from investors including Bankrate and Keiretsu Forum. LoanTek operates in a competitive market with competitors including Mortech, Tactile Finance, RateXray, Lenovium and My Loan Officer, among others.

  • Headquarter Boise, United States
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Loantek, Inc
Operational Areas
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
    $1 M (USD)

    in 3 rounds

  • Latest Funding Round
    $200 K (USD), Debt – Conventional

    Oct 07, 2014

  • Investors
    Bankrate

    & 1 more

  • Employee Count
    Not available
  • Acquired by
    Bankrate

    (Jun 01, 2015)

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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.

Investors in LoanTek

LoanTek has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Bankrate and Keiretsu Forum.

All
Venture Fund
Investor Description Founded Year Domain Location
Accredited investors are networked for private equity funding opportunities.
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Personal finance content is aggregated, published, and distributed online.
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Investor details for LoanTek

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  • Investor domains
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Investments & Acquisitions by LoanTek

Investments
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Investment portfolio details for LoanTek

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  • Transaction dates
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Financial Statements - LoanTek

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Detailed financials for LoanTek

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Loantek Comparisons

LoanTek Primary company
Description
Loan pricing and origination platforms are provided to mortg...
Location
Boise, United States
Founded Year
2008
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for LoanTek

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Competitors of LoanTek

LoanTek 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 Mortech, Tactile Finance, RateXray, Lenovium and My Loan Officer, among others.

Company Name Domain Founded year HQ Location Description
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Mortgage rate search automation is delivered via cloud-based software.
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Offers a customer engagement platform tailored for mortgage services.
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Delivers mortgage pricing and analytics solutions for financial professionals.
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A digital tool that streamlines the mortgage origination process for financial institutions.
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Provides pricing solutions for mortgage loan officers.
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Detailed competitors of LoanTek

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Latest news on Loantek

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Complete news archive for LoanTek

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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.

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