Lendtable
YC S20 ↗San Francisco, US · Founded 2020 · Delaware corporation · 20 employees · 7 known investors
Lendtable provides cash advances to employees to enable them to contribute to their 401(k) plans and capture employer matching contributions, recouping its costs from a portion of the vested match earnings.
Founders & leadership· Y Combinator alumni (S20)
SC
Sheridan Claybornein𝕏Founder
MJ
Mitchell Jonesin𝕏Founder
Investors · 7
Reported raises · per SEC filings
Form D private placements▶$7MraisedJun 2022 · 5 investors · Other Banking and Financial ServicesRule 506(b)
▶$7MraisedJun 2022 · 5 investors · Other Banking and Financial Services
Rule 506(b)Officers, directors & promoters on the filing
- Mitchell JonesExecutive Officer, Director
- Sheridan ClayborneExecutive Officer, Director
- Amount sold
- $7M
- Minimum investment
- $50K
- First sale
- Jun 2022
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$4.1MraisedFeb 2022 · 7 investors · Other Banking and Financial ServicesRule 506(b)
▶$4.1MraisedFeb 2022 · 7 investors · Other Banking and Financial Services
Rule 506(b)Officers, directors & promoters on the filing
- Mitchell JonesExecutive Officer, Director
- Sheridan ClayborneExecutive Officer, Director
- Offering amount
- $4.1M
- Amount sold
- $4.1M
- First sale
- Nov 2021
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$18.9MraisedFeb 2022 · 78 investors · Other Banking and Financial ServicesRule 506(b)
▶$18.9MraisedFeb 2022 · 78 investors · Other Banking and Financial Services
Rule 506(b)Officers, directors & promoters on the filing
- Sheridan ClayborneExecutive Officer, Director
- Mitchell JonesExecutive Officer, Director
- Offering amount
- $30.7M
- Amount sold
- $18.9M
- First sale
- Sep 2021
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
- Lendtable sets out to tackle liquidity issue in retirement industryfintech.global · 2021
- Lendtable Secures $18 Million Series A, Lends Money to Help Employees Take Advantage of Employer 401(k) Matching - The Plugtpinsights.com · 2021
- How Lendtable Raised $18 Million From SoftBank and 01A</a> — Valia Venturesvalia.vc · 2021
- How Lendtable Raised $18 Million From SoftBank and 01Abusinessinsider.com · 2021
- Lendtable closes seed round after strong three months of growthfintech.global · 2020