OverviewSuggest Edit

Fundation is a digital financial solutions provider. It develops private label loan origination solutions for banks and non-bank lenders, as well as delivers embedded credit programs. The company offers a Kinnek platform providing sales enablement software solutions for SMB sized suppliers. Its product Catalyst is a point of sale financing program that allows customers to offer a monthly payment option to their business clients. In February 2021 Fundation and ODX merged to become Linear Financial Technologies.
TypePrivate
Founded2011
HQReston, VA, US
Websitefundation.com

Latest Updates

Employees (est.) (Jun 2021)53(-7%)
Revenue (Y, 2019)$40.9 M
Cybersecurity ratingCMore

Key People/Management at Fundation

Welles Borie

Welles Borie

Director of Platform Solutions
Jeff Cavallaro

Jeff Cavallaro

Director of Bank Solutions
Emily Bolton Hurley

Emily Bolton Hurley

Director of Compliance
Ryan McMahon

Ryan McMahon

Director of New Partnership Operations & Account Management
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Fundation Office Locations

Fundation has an office in Reston
Reston, VA, US (HQ)
11501 Sunset Hills Rd #100
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Fundation Financials and Metrics

Summary Metrics

Founding Date

2011

Fundation total Funding

$2.7 m

Time since last funding

8 years ago

Fundation investors

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Fundation Revenue

Fundation's revenue was reported to be $40.87 m in Y, 2019
USD

Revenue (Y, 2019)

40.9m
USDY, 2019

Revenue

40.9m
USDY, 2019

Revenue/Employee

389.9k
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Fundation Operating Metrics

Mar, 2021

Solutions

4

Trademark Applications

7

Trademarks

1
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Fundation Acquisitions / Subsidiaries

Company NameDateDeal Size
ODX SolutionsFebruary 25, 2021
KinnekJuly 31, 2019

Fundation Cybersecurity Score

Cybersecurity ratingPremium dataset

C

73/100

SecurityScorecard logo

Fundation Online and Social Media Presence

Embed Graph

Fundation Company Culture

  • CEO Rating

    A-

    80/100

  • Compensation

    F

    10/100

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Fundation News and Updates

ODX and Fundation to Combine and Form Linear Financial Technologies, the Leading Digital Account Origination Platform

ODX, LLC and Fundation Group LLC today announced their businesses will combine to become Linear Financial Technologies ("Linear"), the market leader in digital account origination technology and insights for financial institutions, B2B vendors and SMB service providers. The company provides loan ori…

Fifth Third partners Fundation on small business loans

Fifth Third Bank, National Association, announced today that it is making it easier for small business owners to apply for loans and lines of credit.* Fifth Third Fast Capital will offer a simple application and, in most cases, approvals will be made within minutes. Funding is available to customers…

Waterfall Asset Management backs Fundation Group

Fundation Group LLC, a lender and credit solutions provider, has secured financing from Waterfall Asset Management. No financial terms were disclosed. Fundation is backed by Garrison Investment Group. 

Fundation Frequently Asked Questions

  • When was Fundation founded?

    Fundation was founded in 2011.

  • Who are Fundation key executives?

    Fundation's key executives are Welles Borie, Jeff Cavallaro and Emily Bolton Hurley.

  • How many employees does Fundation have?

    Fundation has 53 employees.

  • What is Fundation revenue?

    Latest Fundation annual revenue is $40.9 m.

  • What is Fundation revenue per employee?

    Latest Fundation revenue per employee is $771.1 k.

  • Who are Fundation competitors?

    Competitors of Fundation include Spotcap, Ario and Biz2X.

  • Where is Fundation headquarters?

    Fundation headquarters is located at 11501 Sunset Hills Rd #100, Reston.

  • Where are Fundation offices?

    Fundation has an office in Reston.

  • How many offices does Fundation have?

    Fundation has 1 office.