Wednesday, August 21, 2013

Lendio Raises $4.5M

South Jordan, Utah-based small business lending site Lendio has raised $4.5M in a funding round, according to a regulatory filing today. According to the filing, the funding came as part of an ongoing, $5.0M funding round. Details on the funding have not yet been announced. Lendio was founded by Brock Blake and Trent Miskin, and originally got its start as angel funding site FundingUniverse. The firm Mark Solon of Highway 12 Ventures and Brian Hirsch of Tribeca Venture Partners as board members, and the firm previously raised funding from Grow Utah Ventures, GSA Venture Partners, Highway 12 Ventures, Infobase Ventures, and Provo Labs. More information »