Lendio
2024 Revenue
$66M
Customers
75K
Funding
$82.5M
YOY
55.3%
Avg ACV
$880
Team
418
Founded
2011
How Lendio CEO Brock Blake grew to $66M revenue and 75K customers in 2024.
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 | Quote |
|---|---|---|
| 2024 | Lendio Hit $66m revenue in October 2024 | |
| 2023 | Lendio Hit $42.5m revenue in October 2023 | |
| 2021 | Lendio Hit $43.2m revenue in April 2021 | |
| 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 | Quote |
|---|---|---|---|---|---|
| 2020 | Funding round | $31M | - | - | |
| 2016 | Funding round | $19M | - | - | |
| 2015 | Funding round | $22M | - | - | |
| 2013 | Funding round | $4.5M | - | - | |
| 2011 | Funding round | $6M | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
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 |
|---|---|
| 2024 | Reached 418 employees (December 2024) |
| 2024 | Reached 492 employees (October 2024) |
| 2023 | Reached 492 employees (October 2023) |
| 2023 | Reached 501 employees (July 2023) |
| 2022 | Reached 600 employees (October 2022) |
| 2021 | Reached 600 employees (December 2021) |
| 2021 | Reached 520 employees (April 2021) |
Frequently Asked Questions about Lendio
What is Lendio's revenue?
Lendio generates $66M in revenue.
Who founded Lendio?
Lendio was founded by Brock Blake.
Who is the CEO of Lendio?
The CEO of Lendio is Brock Blake.
How much funding does Lendio have?
Lendio raised $82.5M.
How many employees does Lendio have?
Lendio has 418 employees.
Where is Lendio headquarters?
Lendio is headquartered in Lehi, Utah, United States.
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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