Where is OnDeck located?

OnDeck is located in New York City, United States .

Who is the current CEO of OnDeck?

Noah Breslow is the current CEO of OnDeck.

How many employees does OnDeck have?

OnDeck has 238 employees as of Dec 31, 2021.

When was the latest funding round of OnDeck?

OnDeck's latest funding round was on Jul 20, 2018.

What is the annual revenue of OnDeck?

Annual revenue of OnDeck is $351M as on Dec 31, 2017.

Where does OnDeck rank among its competitors?

OnDeck ranks 1 amongst 38 active competitors.

Who are the top competitors of OnDeck?

OnDeck's top competitors are Breakout Capital, CommLoan and SmartBiz Loans.

OnDeck - 2025 Company Profile, Funding & Competitors

OnDeck is an acquired company based in New York City (United States), founded in 2007 by . It operates as an Online platform for business loans. OnDeck has raised $197M in funding from investors like IVP, Tiger Global Management and Sapphire Ventures. The company has 38 active competitors, including 10 funded and 8 that have exited. Its top competitors include companies like Breakout Capital, CommLoan and SmartBiz Loans.

Company Details

Online platform for business loans. It is a direct lender offering terms loans with customized terms, amounts, and repayment options. Users must add the required details and apply for the loan. Once approved, the funds are transferred to the registered business accounts.

Website
Social

Key Metrics

Founded Year

2007

Location

New York City, United States

Stage

Acquired

Total Funding

in 15 rounds

Latest Funding Round

Investors

IVP & 22 more

Ranked

1^st among

Annual Revenue

as on Dec 31, 2017

Employee Count

as on Dec 31, 2021

Investment & Acquisitions

Crstl &

Similar Companies

Breakout Capital &

Exit Details

Acquired by Enova (Jul 28, 2020)

Legal entities associated with OnDeck

OnDeck is associated with 1 legal entity given below:

Legal Entity Name	Date of incorporation	Revenue	Net Profit	Employee Count
	May 03, 2006	$351M (as on Dec 31, 2017)	736	513

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OnDeck got acquired by Enova on Jul 28, 2020. It was facilitated by Jefferies, Evercore, Vedder Price and .

Click to take a look at OnDeck's acquisition in detail

OnDeck has raised a total funding of $197M over 15 rounds. Its latest funding round was a Conventional Debt round on Jul 20, 2018 for $93M. 2 investors participated in its latest round, which includes Credit Suisse, Goldman Sachs, IVP and Industry Ventures.

OnDeck has 22 institutional investors including IVP, Tiger Global Management and Sapphire Ventures. Peter Thiel is only Angel Investor in OnDeck.

Here is the list of recent funding rounds of OnDeck:

Date of funding	Funding Amount	Round Name	Post money valuation	Revenue multiple	Investors
Jul 20, 2018	$93M	Conventional Debt	4582588	8680604	Credit Suisse, Credit Agricole
Mar 10, 2014	$77M	Series E	5019100	7323436	Tiger Global Management, IVP, and
Sep 16, 2013	$130M	Conventional Debt	2668265	2723686	Deutsche Bank, KeyBank, and

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View details of OnDeck's funding rounds and investors

The founders of OnDeck is . is the CEO of OnDeck.

View details of OnDeck's Founder profiles and Board Members

OnDeck's employee count trend

OnDeck has 238 employees as of Dec 21. The total employee count is 40.1% lower than what it was in Dec 20. Here is OnDeck's employee count trend over the years:

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Top competitors of OnDeck include Breakout Capital, CommLoan and SmartBiz Loans. Here is the list of Top 10 competitors of OnDeck, ranked by 秘密研究所 score :

Overall Rank	Company Details	Short Description	Total Funding	Investors	秘密研究所 Score
1st	2007, New York City (United States), Acquired	Online platform for business loans	$197M	Credit Suisse, Goldman Sachs听&补尘辫;听	66/100
2nd	Breakout Capital 2015, Washington, DC (United States), Acquired	Online business term loans platform	$5.35M	Medalist Partners	59/100
3rd	CommLoan 2014, Phoenix (United States), Series A	Online marketplace for business loans	$15.8M	Social Leverage, TYLT Ventures听&补尘辫;听	50/100
4th	SmartBiz Loans 2013, San Francisco (United States), Funding Raised	Alternative lending platform that provides SBA loans for businesses.	-	Venrock, Partners For Growth听&补尘辫;听	50/100
5th	The Credit Junction 2013, New York City (United States), Deadpooled	Offers working capital financing to SMEs	$29.6M	MidCap Financial, Victory Park Capital Advisors听&补尘辫;听	46/100
6th	QuarterSpot 2011, Wayne (United States), Series A	Unsecured term loans for small businesses.	$15.6M	Patriot Financial Partners, University Growth Fund听&补尘辫;听	45/100
7th	Bond Street 2013, New York City (United States), Series A	Developer of alternative lending for small businesses through term loans	$11.5M	Founder Collective, Spark Capital听&补尘辫;听	44/100
8th	Liftforward 2013, New York City (United States), Series B	Small Business Loans	$32.3M	Monroe Capital, IA Capital Group听&补尘辫;听	43/100
9th	Able Lending 2011, Austin (United States), Series B	Online platform for business term loans	$15.1M	Western Technology Investment, Founders Fund听&补尘辫;听	43/100
10th	NepFin 2016, San Francisco (United States), Acquired	Online marketplace for private market data	$13M	Sands Capital Ventures	43/100

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OnDeck has not made any acquisitions yet. OnDeck has made 6 investments. Here is the list of latest three investments:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Feb 28, 2023	Investments	Crstl	2021	San Francisco, United States
Feb 16, 2023	Investments	Puzzle	2019	San Francisco, United States
Mar 01, 2022	Investments	MyPlace	2019	New York City, United States