| Type | Subsidiary |
| Parent Company | Enova |
| HQ | New York, NY, US |
| Founded | 2006 |
| Website | ondeck.com |
| Cybersecurity rating | BMore |
OnDeck was founded in 2006 and is headquartered in New York, NY, US
Viewing summary data as a guest
Sign up for free to see all dataKey People/Management at OnDeck
Noah Breslow
Chief Executive Officer
Debra Stroff
Chief People Officer
Rob Young
President International
David Miller
Senior Vice President, Technology
Victoria Au
Director, Engineering
Joe Finello
Director Of Partnerships
OnDeck Office Locations
OnDeck has offices in New York, Arlington, Denver, Sydney and in 1 other location
New York, NY, US (HQ)
1400 Broadway
Sydney, AU
Level 11, 130 Pitt Street
Montréal, CA
1100 Boulevard René-Lévesque O
OnDeck Financials and Metrics
Summary Metrics
Founding Date | 2006 |
Total Funding | $172.3 m |
Investors | Founders Fund, First Round Capital, Foundation Capital, Khosla Ventures, Sapphire Ventures, Village Ventures, Google Ventures, RRE Ventures, Tiger Global Management, Peter Thiel, Industry Ventures, SF Capital, SF Capital Group, IVP, GV, IVP (Institutional Venture Partners) |
In total, OnDeck had raised $172.3 m. OnDeck is a subsidiary of Enova
OnDeck Revenue
OnDeck's revenue was reported to be $444.49 m in FY, 2019 which is a 11.6% increase from the previous period.
Annual
Annual
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|
Net Income | (2.4m) | 2.3m | 11.8m | 5.5m | 7.5m | 15.6m | (60.0m) | (64.2m) |
Depreciation and Amortization | 2.2m | 4.2m | 6.2m | 1.7m | 3.6m | 5.2m | 1.6m | 3.3m |
Accounts Payable | 364.0k | 1.4m | 3.0m | 859.0k | 1.5m | (587.0k) | 518.0k | 1.3m |
Cash From Operating Activities | 53.9m | 118.5m | 182.2m | 68.8m | 136.6m | 206.7m | 57.4m | 101.0m |
| USD | FY, 2017 |
|---|---|
Revenue/Employee | 553.7k |
Debt/Equity | 2.6 x |
Debt/Assets | 0.7 x |
Financial Leverage | 3.7 x |
OnDeck Operating Metrics
| FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Annual Percentage Yield | 33.7% | 35.6% | 36.1% | 36.5% | 36.2% | 35.6% | 35% | 35.1% | 35.1% | 33.3% | 28.4% |
Customers | 97 k | 114 k | |||||||||
Industries Served | 700 | 700 | 700 | ||||||||
Loans Originated | $2.11 b | $590.59 m | $586.73 m | $647.8 m | $2.48 b | $635.51 m | $591.85 m | $629.25 m | $2.47 b | $591.86 m | $65.57 m |
OnDeck Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Evolocity | April 03, 2019 | |
| Canada On Deck Asset Funding, LP | ||
| Loan Assets of OnDeck, LLC | ||
| OnDeck Account Receivables Trust 2013-1 LLC | ||
| OnDeck Asset Funding II LLC | ||
| OnDeck Asset Securitization Trust II LLC | ||
| On Deck Capital Australia PTY LTD | ||
| On Deck Capital Canada, Inc. | ||
| OnDeck Funding Trust No. 2 | ||
| Prime OnDeck Receivable Trust II, LLC |
OnDeck Revenue Breakdown
OnDeck revenue breakdown by business segment: 96.4% from Interest income and 3.6% from Other
OnDeck Cybersecurity Score
OnDeck Environment, Social & Governance (ESG) Ratings
OnDeck Online and Social Media Presence
12.37k Twitter followers
OnDeck has 12.37k Twitter Followers. The number of followers has increased 0.2% month over month and increased 1.2% quarter over quarter
OnDeck's Trends
Twitter Engagement Stats for @ondeckcapital
8.8k
Tweets
1.7k
Following
12.4k
Followers
7
Tweets last 30 days
0.9
Avg. likes per Tweet
42.9%
Tweets with engagement
OnDeck Company Culture
Overall Culture
A
85/100
CEO Rating
A+
94/100
Compensation
A
86/100
Diversity
B
80/100
OnDeck News and Updates
February 25, 2021
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…
February 22, 2021
OnDeck Partners with HomeAdvisor
OnDeck®, a part of Enova International, today announced a partnership with HomeAdvisor to support home service professionals and companies on the HomeAdvisor network with access to transparent, flexible and timely financing options. As the nation continues to recover from the pandemic, small busines…
February 21, 2021
OnDeck Explains how Small Businesses in the US May Apply for First or Second Draw PPP Loans Now through March 31, 2021
OnDeck notes that the Small Business Administration (SBA) and US Treasury Department have resumed the Paycheck Protection Program (PPP) for First Draw Loans (on the week of January 11, 2021, and on January 13, 2021).
July 29, 2020
Enova to buy OnDeck for $90m
OnDeck, the online lender to small businesses, is being acquired by rival Enova in a cash and stock deal worth around $90 million.
June 08, 2020
OnDeck sets June loan restart date amid alt lender difficulties
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April 13, 2020
OnDeck Announces Date of First Quarter 2020 Earnings Conference Call
NEW YORK, April 13, 2020 /PRNewswire/ -- OnDeck速 (NYSE: ONDK), the leader in online lending for small business, announced today that it will report first quarter 2020 financial results on Thursday, April 30th, at approximately 7:00 a.m. ET. The company will host a conference call to...
OnDeck Blogs
October 17, 2020
Enova Announces Completion of OnDeck Acquisition
Enova (NYSE:ENVA) announced on Tuesday it has officially completed the acquisition of online lender OnDeck (NYSE:ONDK). Enova revealed in July 2020 it had purchased OnDeck for $1.38 a share, including $0.12 in cash.
The post Enova Announces Completion of OnDeck Acquisition appeared first on OnDeck.
April 27, 2020
Fintechs Gear Up to Get Coronavirus Aid to More Small Businesses
You can access the original article on Barron’s here: https://www.barrons.com/articles/fintechs-gear-up-to-get-coronavirus-aid-to-more-small-businesses-51587987001 Fintechs Gear Up to Get Coronavirus Aid to More Small Businesses Barron’s Online Luisa Beltran 27 April 2020 11:30 GMT 714 words English…
April 23, 2020
New PPP Small Business Loan Bill Excludes Fintech Lenders, Threatening the Smallest Businesses
https://fortune.com/2020/04/22/new-ppp-small-business-loan-bill-excludes-fintech-lenders-threatening-the-smallest-businesses/
The post New PPP Small Business Loan Bill Excludes Fintech Lenders, Threatening the Smallest Businesses appeared first on OnDeck.
April 22, 2020
$484 Billion ‘Phase 3.5’ Coronavirus Stimulus Deal Reached for Small Businesses
https://video.foxnews.com/v/6151260868001#sp=show-clips
The post $484 Billion ‘Phase 3.5’ Coronavirus Stimulus Deal Reached for Small Businesses appeared first on OnDeck.
April 10, 2020
Banks Brace for New Wave of Small Businesses at Troubled Loan Program
https://www.politico.com/news/2020/04/09/banks-brace-for-new-wave-of-small-businesses-at-troubled-loan-program-178117
The post Banks Brace for New Wave of Small Businesses at Troubled Loan Program appeared first on OnDeck.
March 13, 2020
OnDeck Sponsoring Daniel Hemric at Atlanta and Chicago
http://tireball.com/nascar/2020/03/12/ondeck-sponsoring-daniel-hemric-at-atlanta-and-chicago/
The post OnDeck Sponsoring Daniel Hemric at Atlanta and Chicago appeared first on OnDeck.
OnDeck Frequently Asked Questions
When was OnDeck founded?
OnDeck was founded in 2006.
Who are OnDeck key executives?
OnDeck's key executives are Noah Breslow, Debra Stroff and Rob Young.
How many employees does OnDeck have?
OnDeck has 742 employees.
What is OnDeck revenue?
Latest OnDeck annual revenue is $444.5 m.
What is OnDeck revenue per employee?
Latest OnDeck revenue per employee is $599 k.
Who are OnDeck competitors?
Competitors of OnDeck include Credibly, Linear Financial Technologies and Fundbox.
Where is OnDeck headquarters?
OnDeck headquarters is located at 1400 Broadway, New York.
Where are OnDeck offices?
OnDeck has offices in New York, Arlington, Denver, Sydney and in 1 other location.
How many offices does OnDeck have?
OnDeck has 5 offices.
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