Springstone Financial

Westborough, United States Founded: 2003 • Age: 23 yrs Acquired By Lending Club
Financing for elective medical and dental procedures is offered.
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About Springstone Financial

Springstone Financial is a company based in Westborough (United States) founded in 2003 was acquired by Lending Club in April 2014.. The company has 19 employees as of December 31, 2009. Springstone Financial operates in a competitive market with competitors including PatientFi, medZERO, HealthFirst Financial, iCreditWorks and Finrise, among others.

  • Headquarter Westborough, United States
  • Employees 19 as on 31 Dec, 2009
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Springstone Financial Llc
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    19

    as on Dec 31, 2009

  • Acquired by
    Lending Club

    (Apr 17, 2014)

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Funding Insights of Springstone Financial

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 Springstone Financial

Springstone Financial has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include LendingClub. 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.

All
Institutional
Investor Description Founded Year Domain Location
Consumer and business loans are matched via a P2P marketplace.
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 Springstone Financial

Investments
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 - Springstone Financial

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Springstone Financial Comparisons

Employees
+
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Competitors of Springstone Financial

Springstone Financial 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 PatientFi, medZERO, HealthFirst Financial, iCreditWorks and Finrise, 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
Marketplace-based financing platform for healthcare solutions is offered.
domain founded_year HQ Location
Health prepaid cards are provided for employees' medical loans.
domain founded_year HQ Location
Patient financing is offered for healthcare procedures and events.
domain founded_year HQ Location
Online marketplace for dental loans
domain founded_year HQ Location
Loans for out-of-pocket healthcare costs are provided up to $20,000.
domain founded_year HQ Location
Offers patient payment plans and patient financing options
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 Springstone Financial

Frequently Asked Questions about Springstone Financial

When was Springstone Financial founded?

Springstone Financial was founded in 2003.

Where is Springstone Financial located?

Springstone Financial is headquartered in Westborough, United States. It is registered at Westborough, Massachusetts, United States.

How many employees does Springstone Financial have?

As of Dec 31, 2009, the latest employee count at Springstone Financial is 19.

What does Springstone Financial do?

Springstone Financial LLC was established in 2003 in Westborough, United States, focusing on the patient financing sector. Elective medical and dental procedures are supported through tailored financing options for patients and providers. Operations emphasize accessible payment plans in healthcare. The company was acquired by Lending Club in April 2014, integrating its services into broader lending activities.

Who are the top competitors of Springstone Financial?

Springstone Financial's top competitors include iCreditWorks, PatientFi and HealthFirst Financial.

Who are Springstone Financial's investors?

Springstone Financial has 1 investor. Key investors include LendingClub.

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