• FOUNDING YEAR: 2014
    LOCATION:
    United States
    REGION:
    Virginia
    Last Update:
    18 Oct, 2019
    Phone:
    +1 571-325-2966

Description

FOCUS

PRODUCTS & SERVICES:
The company offers loans with terms ranging from three to 36 months and lines of credit ranging from $2,000 to $100,000. Investors can lend from $25 to $100,000 in Veteran Business Bonds and earn 5% interest.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Military personnel and veterans
EXISTING PARTNERSHIPS:
RallPoint, FedBid
COMMENT
Business owners pitch their business through a 3-step, mobile-enabled application and investors compete to fund them through an auction.

PEOPLE

FOUNDERS:
Mark L. Rockefeller, Mickey Konson
Board Members and Advisors:
George Casey, Raj Date, Pete Hartigan
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
Accion, Community Investment Management (CIM), Direct Lending Investment, EagleBank, Brett Byers, Randy Domolky, Kim Nguyen, Tommy White, Sean Drake, Rashad Moore, Adam Pegues, Drew Knowles, B Brey Benjamin, Rotunda Capital Partners, LLC
KEY EMPLOYEES:
Mark L. Rockefeller(CEO); Mickey Konson(COO); Jesse Cushman(CFO); Madhur Grover(CCO)

TRACTION

VALUATION / MARKET CAP:
$8 MM in 2015
REVENUE:
$1.0M - $4.99M in 2017
REVENUE COMMENT:
Viewable by subscribers only
COMMENT:
StreetShares uses technology to serve the business funding and alternative investment needs of America's heroes and their communities (Jan 2018).

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$31.3 Millions
DATE OF LAST FUNDING:
Aug 2017
SEED & PRIOR FUNDING:
$3.7 Millions
SEED CLOSED ON:
Jun 2015
FUNDING SERIES:
SERIES A
$4.6 Millions Closed: Mar 2016
SERIES B
$23 Millions Closed: Jan 2018
LISTED:
NO
COMMENT:
Debt Financing: $200 M(March 2015)

LATEST RESEARCH