Lendsquare

company

About

LendSquare is an online platform that allows small businesses to finance growth by borrowing money from their customers and communities.

  • 1 - 10

Details

Last Funding Type
Seed
Last Funding Money Raised
$100K
Industries
Collaborative Consumption,Crowdfunding,Finance,Financial Services
Founded date
Jan 1, 2011
Number Of Employee
1 - 10
Operating Status
Active

LendSquare helps people invest in small businesses in their neighborhood by lending them money. This community-focused approach has advantages over traditional sources ofcredit: it's cheaper for businesses, it strengthens community bonds, and it allows individuals to invest in places they understand and love.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$100K
Lendsquare has raised a total of $100K in funding over 2 rounds. Their latest funding was raised on Aug 1, 2014 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 1, 2014 Seed $100K 1 Detail

Investments

Number of Investments
Number of Lead Investments
1
0
Lendsquare has made 1 investments. Their most recent investment was on Mar 11, 2008, when Xirrus raised $26M.
Date Company Name
Round Money Raised Industry Lead Investor
Mar 11, 2008 Xirrus
Series C $26M Cloud Management

Investors

Number of Lead Investors
Number of Investors
1
Lendsquare is funded by 1 investors. 500 Global are the most recent investors.
Investor Name Lead Investor Funding Round
500 Global Seed