QuarterSpot

lendingsme financing

FOUNDING YEAR: 2013
LOCATION: United States
Last Update: 17/07/2020

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About

QuarterSpot is an online lending platform that help SMEs getting working capital.

Focus

PRODUCTS & SERVICES

Small Business Lender It's aim is to help businesses thrive with quick and affordable funding.

REVENUE MODEL

The company follows a transaction based revenue model. It deducts a fee from the amount of the loan originated though its platform.

MAIN CLIENTS

Miami Lakes Perfumes

Vino Piano Bar

Pefect Fit Bridal

COMMENT

It uses Artificial Intelligence (AI) in underwriting and reduce borrowing costs by as much as 85% compared to other well known online lenders.

Traction

VALUATION / MARKET CAP:

$18.33 M in 2015

TRANSACTIONS VALUE:

$50 M

People

FOUNDERS

Adam Cohen

Lance Emanuel

BOARD MEMBERS AND ADVISORS

Philip H Reicherz

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Aequitas Capital

Momentum

FUNDED

YES

TOTAL FUNDING

$13.75 M

DATE OF LAST FUNDING

Dec 2017

SEED & PRIOR FUNDING

$2.75 M

SEED CLOSED ON

Jun 2013

FUNDING SERIES

OTHERS  · $11 M · Dec 2017

DEBT FUNDING

$598.49 M

LISTED

NO

BASICS

FOUNDING YEAR:

2013

LOCATION:

United States

Views:

42 VISITORS | 66 VIEWS
LATEST FUNDING ROUND

$13.8 M

TOTAL EMPLOYEES
11-50

About

QuarterSpot is an online lending platform that help SMEs getting working capital.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
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