OnDeck

OnDeck

OnDeck

Overview
Date Founded

2006

Headquarters

1400 BROADWAY, 25TH FLOOR, NEW YORK, NY, 10018

Type of Company

Public

Employees (Worldwide)

742

Industries

Consumer Finance
Accounting & Financial Services

Company Description

On Deck Capital, Inc. engages in online business lending. It offers financing solution for small businesses, including short term loans, long term loans and lines of credit. The company was founded on May 4, 2006 and is headquartered in New York, NY.

Contact Data
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Executives & Employees

Chief Executive Officer

Chief Financial Officer

Chief Operating Officer, Secretary & General Counsel

Chief Risk Officer

Chief People Officer

Chief Product & Technology Officer

Senior Vice President-Finance & Chief Accounting Officer

Senior Vice President, International

Head, Acquisition Risk Management

Senior Vice President, Technology

Board of Directors

Chief Executive Officer at OnDeck

Founder & Chief Executive Officer at Jane J. Thompson Financial Services LLC

Board Membergeneral Partner, Foundation Capital at NextRoll, Inc.

Co-Founder at Abra

Chief Operating Officer, Secretary & General Counsel at OnDeck

Paths to OnDeck
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Owners & Shareholders
Details Hidden

Nantahala Capital Management seeks superior and consistent risk-adjusted returns through investments in equity, fixed-income and equity-derivative securities. The firm will, however, invest in other asset classes of securities as opportunities arise. Nantahala seeks to achieve their clients' objectives through value-oriented securities selection and disciplined risk management.

Details Hidden

683 Capital Management focuses on investments in the stocks of US small-cap companies in the consumer services sector

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EJF Capital's fixed income strategy is designed to invest in mispriced fixed income securities and to limit downside risk if the expected events surrounding a particular investment do not materialize. The strategy may use debt, equity and hybrid investments in privately held companies. Private transactions may include securities offered pursuant to Rule 144A, and assets currently held by the US Dept. of the Treasury in connection with the Capital Purchase Program under the Troubled Asset Relief Program (TARP). The strategy may invest REITs that issue structured finance products, and it may acquire interests in common or preferred stock, senior debt, subordinated debt, convertible debt, options, notes, warrants and futures. Investment grade, senior tranches of securities issued by CDOs and other securitization vehicles may be used. in the strategy. In another strategy, a fund may focus on niche fixed income markets where it is believed attractive returns can be generated with moderate risk. This includes RMBS, CMBS and commercial real estate CDOs. Finally, the strategy may invest in agency whole pool mortgage certificates, commercial mortgage loans, CRE mezzanine loans, securities issued by financial institutions and net lease loans and properties.One of EJF's equity strategies employs a long/short strategy that seeks to invest in securities that are listed, quoted, or traded on stock markets domestically and internationally. The firm may also apply a strategy which uses special situations equity, such as orphaned securities previously issued by companies under Rule 144A. Securities in this strategy may be issued by either domestic or foreign companies. A fund using this strategy may also invest in securities consisting of packages of securities that have equity-like characteristics or equity-like returns, such as the purchase or sale of put or call option contracts, shorting shares of common stock or debt, and other securities.In a third equity strategy, EJF generally emphasizes individual bottom-up security and considers a wide range of factors in determining whether a security is overvalued or undervalued. The firm takes long positions in companies they believe to be high quality with above-average growth at attractive multiples, and short positions in companies they believe are underperforming relative to the market. EJF could allocate a substantial portion of a fund's assets to one or more concentrated positions that they believe are undervalued or overvalued. EJF hedges their equity position by allocating a portion of a given portfolio to cash and by taking short positions.EJF employs a private equity strategy The strategy seeks to take advantage of market opportunities that are available in the community banking and related sectors. In this strategy, the firm focuses on the following: Debt and Collateralized Debt Obligations; Mortgage Servicing Rights; and Cash and Short Term Investments.

Recent Transactions
Details Hidden

OnDeck issued USD Common Stock

Details Hidden

OnDeck raised money in a private placement transaction

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OnDeck raised money in a private placement transaction

Transaction Advisors
Escrow Agent

Advised onOnDeck issued USD Common Stock

Underwriter

Advised onOnDeck issued USD Common Stock

Underwriter

Advised onOnDeck issued USD Common Stock

Legal Advisor

Advised onOnDeck issued USD Common Stock

Legal Advisor

Advised onOnDeck issued USD Common Stock

Advisors & Consultants
Legal Advisor

Partner at Wilson Sonsini Goodrich & Rosati PC

Legal Advisor

Partner at DLA Piper

Legal Advisor

Partner at Wilson Sonsini Goodrich & Rosati PC

Key Stats and Financials As of 2019
Market Capitalization
$37.3M
Total Enterprise Value
$1.15B
Earnings Per Share
$0.36
Revenue
$444M
TEVNet Income
41.26x
Debt TEV
0.79x
Enterprise Value Sales
2.6x
Total Equity
$311M
Total Debt
$915M
Net Profit
$28M
Three Year Compounded Annual Growth Rate Of Revenue
15.12%
EBITDAMargin
17.78%
Enterprise Value EBITDAOperating
14.6x
EBITDA
$79M
Five Year Compounded Annual Growth Rate Of Revenue
22.97%
Investors
Details Hidden

SF Capital invests in companies located in United States. The firm invests in a broad range of sectors and industries in direct equity and debt investments of private companies.

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Investor at Rent the Runway, Inc.

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Institutional Venture Partners(IVP) invests in both public and private companies primarily located in the US with revenues minimum of $10 million. The firm targets companies operating in the fields of technology, media businesses, consumer and enterprise sectors. It provides financing for later, growth stage, industry rollups, recapitalizations, secondaries, spin-outs and capital requirements with an investment size of $10 - $100 million per company. It acts as a lead investor and also considers co-investments.

Suppliers
Intuit, Inc. Private Equity & Venture Capital | Mountain View, CA

Intuit, Inc. engages in the provision of business and financial management solutions. It operates through the following segments: Small Business and Self-Employed; Consumer; and Strategic Partner. The Small Business and Self-Employed segment offers QuickBooks financial and business management online services and desktop software, payroll solutions, payment processing solutions, and financing for small businesses. The Consumer segment includes do-it-yourself and assisted TurboTax income tax preparation products and services. The Strategic Partner segment comprises professional tax offerings, which include Lacerte, ProSeries, ProFile, and ProConnect Tax Online among professional accountants. The company was founded by Scott D. Cook and Thomas A. Proulx in March 1983 and is headquartered in Mountain View, CA.

LendingTree, Inc. Consumer Services | Charlotte, NC

Tree.com is where smart decisions start. In a marketplace where choice is more relevant and important than ever, we’re here to give consumers the confidence they need to make big life decisions. Whether buying or selling a home, financing a new car, sending a child to college or shopping around for a new credit card, Tree.com and its portfolio of brands and businesses – like LendingTree and RealEstate.com – are here to help. Take a look inside Tree.com and you’ll find many brands you recognize. In addition to LendingTree and RealEstate.com, we also offer helpful services from GetSmart.com, HomeLoanCenter.com, RealEstate.com, REALTORS®, iNest.com and Domania.com. Together, we strive to be an ally for borrowers and homeowners alike. We’re here to do the heavy lifting for those looking to comparison shop loans, real estate and other financial products. It’s time for consumers to relax and breathe a little easier. Tree.com is here to alleviate some stress and help our customers navigate through life’s ‘real world’ decisions with ease

Celtic Bank Corp. Retail & Commercial Banking | Salt Lake City, UT

Celtic Bank Corp. operates as a State chartered commercial bank. It specializes in small business finance, helping business owners with working capital, expansion, acquisition, construction, equipment financing, renewable energy finance, real estate purchases and refinances. The company was founded by Reese S. Howell Jr. in 2001 and is headquartered in Salt Lake City, UT.

Awards & Honors
Rank #11
2014
Forbes - America's Most Promising Companies
Sponsored by Forbes Magazine
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