Machine Learning SoftwareKennesaw, GeorgiaFounded 2014CEO Tom Burnside
LendingPoint is an AI-driven consumer and small business lending platform founded in 2014 and headquartered in the United States.
LendingPoint's last reported revenue was $330M in 2021 (Tom Burnside on camera). GetLatka estimates it at about $865.3M a year (October 2024). LendingPoint is #2 on the Latka Top. The Latka Top ranks the 1,372 companies Nathan Latka has interviewed by revenue.
| As of | Revenue | Source |
|---|---|---|
| Apr 2015 | $1M | – |
| 2021 | $330M | Tom Burnside on cameraWatch at 17:42 |
| Apr 2022 | $600M | – |
| Nov 2023 | $655MEST. | GetLatka estimate |
| Oct 2024 | $865.3MEST. | GetLatka estimate |
– source not recorded
LendingPoint has raised $125M in one round: a Private Equity in April 2021.
| Date | Round | Raised |
|---|---|---|
| Apr 2021 | Private Equity | $125M |
| Total raised | $125M |
Nathan Latka has interviewed LendingPoint once, speaking with Tom Burnside. Each figure links to the second it was said.
Watch: How LendingPoint Reached $330M Net Revenue and 300,000 Customers While Staying Profitable (Interview with Founder Tom Burnside)April 2022 · Tom Burnside, Founder
LendingPoint competes most directly with Upstart.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Upstart | $1.1B | $144.1M | 1,193 | 4M | 2012 |
| LendingPoint | $865.3M | $125M | 288 | 300K | 2014 |
Tom Burnside founded LendingPoint in 2014 and runs it as CEO. LendingPoint has 288 employees (October 2024, LinkedIn).
| As of | Employees | Source |
|---|---|---|
| Oct 2024 | 288 | |
| Nov 2023 | 288 | – |
| Nov 2022 | 241 | – |
| Apr 2022 | 241 | – |
| Nov 2021 | 21 | – |
| Nov 2020 | 18 | – |
LendingPoint's last reported revenue was $330M in 2021 (Tom Burnside on camera). GetLatka estimates about $865.3M a year (October 2024).
Yes. Tom Burnside said on camera in 2022 that LendingPoint is profitable.
$125M across 1 round; the latest was a $125M Private Equity in April 2021.
Tom Burnside, a co-founder.
Tom Burnside, in 2014.
About 288 as of October 2024 (LinkedIn).
4 said on camera · 1 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice. The Latka Top ranks the private, operating companies Nathan Latka has interviewed by the latest revenue figure on each profile, reported or estimated; equal figures share a rank.
Updated Oct 5, 2026Data disclaimerReport a correctionClaim this profile
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