By Andrea Gellert
May 3, 2013
After we closed our Series D back in February, we had some additional interest from other equity investors. With On Deck growing at a rapid rate of 100% in the past year, several investors stood apart as being really valuable partners to work with as we scale.
We’re excited and humbled to officially announce a $17 million expansion to our Series D led by Google Ventures (the venture capital arm of Google), with participation from Peter Thiel (PayPal co-founder and one of the first investors in Facebook) and Industry Ventures. This is a phenomenal group of new investors that further cements our position as a leader in the world of tech-enabled finance.
So, what does this mean for the future of On Deck?
Simply put, it means easier, faster, and more capital for more business owners nationwide. This add-on financing will provide us with the resources to further our mission of helping small businesses grow – through better products and a superlative customer experience. Our goal is to power every U.S. small business loan, and we can’t wait for what’s to come.
OnDeck Customer Success Story: Online Amiga
Ty Kiisel | March 3, 2015
Busy Isn’t Always Productive: 5 Steps to Better Time Use
Andrea Gellert | March 27, 2015
How to Get Extra Time to Pay Your Suppliers
| February 6, 2015
Is Your Business Your Passion? 4 Reasons Why It Matters
Ty Kiisel | March 18, 2015
The 3 Most Effective Ways to Get Vendor Discounts
Ty Kiisel | December 5, 2014
Webinar Recap: An Insider’s View to Securing Capital to Grow Your Business
Lauren Katz | May 22, 2015
Want to Market Your Small Business Online? Start With These 3 Simple Things
Kimberly Solarz | May 14, 2015
4 Rules for Handling Conflicts With Your Business Partner
Ty Kiisel | May 6, 2015
When You Need to Get a Business Loan Fast
Ty Kiisel | May 5, 2015
Getting a Small Business Loan—What You Need to Know
Ty Kiisel | April 29, 2015