2024 Revenue
$66M(Est.)
Customers
75K
Funding
$82.5M
Avg ACV
$880
Team
418
Founded
2011
Lendio Revenue & Funding (2024)
Lendio generated an estimated $66M in annual revenue in 2024. Source: GetLatka estimate
Provider of an online loan service for small scale enterprises. The company offers a platform for connecting small business owners with active banks, credit unions and other lending sources.
Last updated
Lendio Revenue
In 2024, Lendio's revenue reached $66M. The company previously reported $42.5M in 2023. Since its launch in 2011, Lendio has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Lendio Hit $66m revenue in October 2024 | Estimated |
| 2023 | Lendio Hit $42.5m revenue in October 2023 | Estimated |
| 2021 | Lendio Hit $43.2m revenue in April 2021 | Not recorded |
| 2011 | Launched with $0 revenue |
Lendio Valuation, Funding Rounds
Lendio has not publicly disclosed its valuation. The company has raised $82.5M in total funding to date.
Lendio has raised $82.5M in total funding across 5 rounds, with its most recent round in 2020.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2020 | Funding round | $31M | - | - | Not recorded |
| 2016 | Funding round | $19M | - | - | Not recorded |
| 2015 | Funding round | $22M | - | - | Not recorded |
| 2013 | Funding round | $4.5M | - | - | Not recorded |
| 2011 | Funding round | $6M | - | - | Not recorded |
Founder / CEO
Customers
Lendio serves 75K customers.
Lendio Employees & Team Size
Lendio employs approximately 418 people as of 2026, down from 492 in 2023. It serves 75K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 418 employees (December 2024) | Not recorded |
| 2024 | Reached 492 employees (October 2024) | Not recorded |
| 2023 | Reached 492 employees (October 2023) | Not recorded |
| 2023 | Reached 501 employees (July 2023) | Not recorded |
| 2022 | Reached 600 employees (October 2022) | Not recorded |
| 2021 | Reached 600 employees (December 2021) | Not recorded |
| 2021 | Reached 520 employees (April 2021) | Not recorded |
Frequently Asked Questions about Lendio
What is Lendio's revenue?
As of 2024, Lendio generated an estimated $66M in annual revenue.
Who founded Lendio?
Lendio was founded by Brock Blake.
When was Lendio founded?
Lendio was founded in 2011.
Who is the CEO of Lendio?
The CEO of Lendio is Brock Blake.
How much funding does Lendio have?
Lendio raised $82.5M across 5 rounds.
How many employees does Lendio have?
As of 2024, Lendio had 418 employees.
Where is Lendio headquartered?
Lendio is headquartered in Lehi, Utah, United States.
Compare Lendio to the industry
See how Lendio ranks against the best Vertical Industry Software companies by revenue and funding.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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