About Mission Lane
Mission Lane is a company based in Atlanta (United States) founded in 2018.. Mission Lane has raised $607.13 million across 6 funding rounds from investors including Goldman Sachs, Oaktree Capital Management and Invus Opportunities. The company has 426 employees as of December 31, 2021. Mission Lane has completed 1 acquisition, including Honeydue. Mission Lane operates in a competitive market with competitors including TomoCredit, Sequin, Gauss Money, Atlas and Arro, among others.
- Headquarter Atlanta, United States
- Employees 426 as on 31 Dec, 2021
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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
*********
- Legal Name Mission Lane Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$607.13 M (USD)
in 6 rounds
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Latest Funding Round
$25 M (USD), Series B
Feb 13, 2024
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Investors
Goldman Sachs
& 5 more
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Employee Count
426
as on Dec 31, 2021
- Investments & Acquisitions
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Data Analysis and Operations Team
11 people
Software Development Team
11 people
Senior Team
9 people
Leadership Team
5 people
Principal Team
4 people
Product Management Team
4 people
Operations Team
4 people
Finance and Accounting
3 people
Unlock access to complete
Funding Insights of Mission Lane
Mission Lane has successfully raised a total of $607.13M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in February 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 6
- Last Round Series B — $25.0M
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First Round
First Round
(17 Sep 2019)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Series B - Mission Lane | Valuation |
investors |
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| Jun, 2022 | Amount | Series B - Mission Lane | Valuation |
investors |
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| Oct, 2021 | Amount | Series B - Mission Lane | Valuation | Oaktree Capital Management |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Mission Lane
Mission Lane has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Goldman Sachs, Oaktree Capital Management and Invus Opportunities. 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 |
|---|---|---|---|---|
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Private technology investments are managed globally by Invus Opportunities.
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Founded Year | Domain | Location | |
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Venture capital fund investing in early-stage start-ups
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Founded Year | Domain | Location | |
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Long-term private equity investments in transformational opportunities are pursued.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mission Lane
Mission Lane has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Honeydue. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Expense management for couples is enabled via mobile app.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Mission Lane
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mission Lane Comparisons
Competitors of Mission Lane
Mission Lane 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 TomoCredit, Sequin, Gauss Money, Atlas and Arro, 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 |
Credit card for consumers
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| domain | founded_year | HQ Location |
Financial services are provided to women addressing gender inequalities.
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| domain | founded_year | HQ Location |
Provider of solutions based on Artificial Intelligence for improving decision-making in various sectors.
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| domain | founded_year | HQ Location |
Credit cards for consumer payments with credit-building features are provided.
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| domain | founded_year | HQ Location |
NFC-enabled credit cards are offered for credit score building.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mission Lane
Frequently Asked Questions about Mission Lane
When was Mission Lane founded?
Mission Lane was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Mission Lane located?
Mission Lane is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Who is the current CEO of Mission Lane?
Brandon Black is the current CEO of Mission Lane.
Is Mission Lane a funded company?
Mission Lane is a funded company, having raised a total of $607.13M across 6 funding rounds to date. The company's 1st funding round was a Series B of $150M, raised on Sep 17, 2019.
How many employees does Mission Lane have?
As of Dec 31, 2021, the latest employee count at Mission Lane is 426.
What does Mission Lane do?
Mission Lane was founded in 2018 in Atlanta, United States, as a fintech provider focused on credit building. Credit builder cards are issued to consumers, supporting money transfers, cash withdrawals, bill payments, and online or offline transactions. Access to credit scores and educational resources on credit building is facilitated. An app-based platform is maintained for iOS and Android devices to handle these services.
Who are the top competitors of Mission Lane?
Mission Lane's top competitors include TomoCredit, Gauss Money and Atlas.
How many acquisitions has Mission Lane made?
Mission Lane has made 1 acquisition, including Honeydue.
Who are Mission Lane's investors?
Mission Lane has 6 investors. Key investors include Goldman Sachs, Oaktree Capital Management, Invus Opportunities, QED Investors, and Invus.