Fundation Revenue and Competitors

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Location

$257.7M

Total Funding

Fintech

Industry

Estimated Revenue & Valuation

  • Fundation's estimated annual revenue is currently $4.9M per year.(i)
  • Fundation received $120.0M in venture funding in May 2018.
  • Fundation's estimated revenue per employee is $98,800
  • Fundation's total funding is $257.7M.

Employee Data

  • Fundation has 50 Employees.(i)
  • Fundation grew their employee count by -48% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$13.7M105304%N/AN/A

OUR COMPANY Fundation, a digitally-enabled lender and credit solutions provider, develops integrated small business lending solutions. With Fundation, our partners are empowered to deliver credit online, drive cost efficiency into their lending process and maximize customer retention. Fundation also has the operational and compliance capabilities to be a committed and reliable partner. Our services range from outsourced lending programs to point of sale financing to simple referral programs. We partner with: *National, Regional & Community Banks *B2B companies *Advisors & Consultants to the Small Business Market Contact us to learn more about partnering: https://fundation.com/about/#contact_us Go to our website www.fundation.com to learn more. OUR PEOPLE We are always seeking outstanding professionals to join our team. This is your chance to have a seat at the forefront of the rapidly evolving lending markets enabled by technology, analytics and business process automation. We seek to hire individuals that share our core values of teamwork, integrity, a commitment to customer experience and a mindset for execution. See our open positions here: http://fundation-group-llc.workable.com/

keywords:Analytics,Banking,Finance,Payments

$257.7M

Total Funding

50

Number of Employees

$4.9M

Revenue (est)

-48%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Fundation News

2016-08-24 - Fundation Secures $100M Credit Facility from Goldman Sachs

Fundation Group LLC, a New York, NY-based digitally-enabled lender and credit solutions provider, has obtained a $100 million asset-backed credit facility from Goldman Sachs. Fundation will use this credit facility to accelerate its growth by increasing its capacity to extend credit to small bu ...

2018-05-17 - Fundation Raises $120M Asset Backed Credit Facility from SunTrust Bank

Fundation, a NYC-based digitally-enabled lender and credit solutions provider, secured a $120m asset backed credit facility from SunTrust Bank (NYSE: STI). Waterfall Asset Management was included in the facility as a Class B lender. This additional credit facility further enhances Fundation’s ...

09/05/2019 - TRON Fundation fails to support TRX with massive buy back

TRON (TRX), the 14th largest cryptocurrency with the current market value of $1 billion, has lost over 2.5% of its value in recent 24 hours to ...

07/30/2019 - TangoTrade and Fundation Provide Trade Credit Alternatives ...

TangoTrade and Fundation Provide Trade Credit Alternatives Up To $1 Million For U.S. Small Businesses To Purchase Goods From Overseas.

09/01/2019 - Rights Group Condemns FIRs Filed Against Gandhi Peace ...

Two FIRs were filed against Kumar Prashant for 'spreading falsehoods' about the RSS's role in the freedom struggle. The Wire Staff.

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$10.8M50-6%N/A
#2
$8.8M5011%N/A
#3
$5.8M509%N/A
#4
$8.3M510%N/A
#5
$5.7M5371%N/A

Fundation Funding

DateAmountRoundLead InvestorsReference
2016-08-24$100.0MUndisclosedGoldman SachsArticle
2017-03-22$UndisclosedUndisclosedMidCap FinancialArticle
2018-01-19$UndisclosedUndisclosedWaterfall Asset ManagementArticle
2018-05-17$120.0MUndisclosedSunTrust BankArticle