Able Lending

Able Lending

  • FOUNDING YEAR: 2011
    LOCATION:
    United States
    REGION:
    Texas
    Last Update:
    14 Feb, 2020

Description

FOCUS

PRODUCTS & SERVICES:
Lending Services It helps to secure loan from the clients network at lowest possible rate
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Small Business
EXISTING PARTNERSHIPS:
Floodgate, Founders fund, Rothenberg Ventures
COMMENT
It helps to provide structure to friends and family funding, which protects your relationships and to focus on business growth

PEOPLE

FOUNDERS:
Will Davis, Evan Baehr
Board Members and Advisors:
Mike Maples, Jr., Adam Boyden, Chris Gottschalk, Peter Thiel
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
Floodgate, Base Ventures, Correlation Ventures, Emerge, Expansion Venture Capital, Founders Fund, Rothenberg Ventures, TDF Ventures, Western Technology Investment, Peterson Ventures

TRACTION

VALUATION / MARKET CAP:
$50 MM in 2015
REVENUE:
-

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$16.5 Millions
DATE OF LAST FUNDING:
Feb 2017
FUNDING SERIES:
SERIES A
$11 Million Closed: Aug 2015
SERIES B
$4 Millions Closed: Feb 2017
Others
$1.5 Millions Closed: Dec 2011
DEBT FUNDING:
$100 Million
LISTED:
NO

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