Ondeck is a technology-enabled financial platform that provides loan financing to small- and medium-sized businesses. OnDeck’s innovative technology platform leverages electronic information including online banking and merchant processing data to identify the creditworthiness of small businesses in minutes, while traditional lenders typically take days or even weeks.
OnDeck partnered with other online lending platforms and a community lending non-profit association to create SMART Box, a capital comparison tool for small business financing. SMART Box uses standardized price metrics and explanations so people can best assess their loan options. They’ll find four key metrics: total cost of capital, annual percentage rate (APR), average monthly payment, and cents on the dollar. 


Company Growth (employees)
Type
Public
HQ
New York, US
Founded
2006
Size (employees)
708 (est)
Website
ondeck.com
OnDeck was founded in 2006 and is headquartered in New York, US

Key People/Management at OnDeck

Noah Breslow

Noah Breslow

CEO
Andrea Gellert

Andrea Gellert

Chief Revenue Officer
Jerome Hershey

Jerome Hershey

Vice President of Business Development

OnDeck Office Locations

OnDeck has offices in New York, Arlington and Denver
New York, US (HQ)
1400 Broadway

OnDeck Financials and Metrics

OnDeck Financials

OnDeck's revenue was reported to be $108.9 m in FY, 2016 which is a 57% decrease from the previous period.
USD

Revenue (FY, 2016)

108.9 m

Revenue growth (FY, 2015 - FY, 2016), %

(57%)

Gross profit (FY, 2016)

(73.5 m)

Gross profit margin (FY, 2016), %

(67%)

Net income (FY, 2016)

(85.5 m)

EBIT (FY, 2016)

(85.1 m)

Market capitalization (19-Oct-2017)

367.8 m

Cash (31-Dec-2016)

79.6 m
OnDeck's current market capitalization is $367.8 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

65.2 m158.1 m254.8 m108.9 m

Revenue growth, %

142%61%(57%)

Cost of goods sold

40 m84.6 m95.1 m182.4 m

Gross profit

25.3 m73.4 m159.7 m(73.5 m)
USDFY, 2016

Cash

79.6 m

Accounts Receivable

191.3 m

PP&E

29.4 m

Total Assets

1.1 b
USDFY, 2016

Net Income

(85.5 m)

Depreciation and Amortization

9.5 m

Accounts Payable

2.6 m

Cash From Operating Activities

134.3 m
USDY, 2016

Revenue/Employee

170.7 k

Financial Leverage

4 x
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OnDeck Operating Metrics

OnDeck's Total Loans Issued was reported to be $970.5 m in Q2, 2017. OnDeck's Customers was reported to be 70 k in Q2, 2017
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Total Loans Issued

$504.11 m$556.42 m$513.92 m$512.39 m$552.74 m$663.39 m$804.4 m$905.33 m$1 b$1.05 b$970.47 m

Customers

50 k50 k60 k60 k70 k70 k
Show all operating metrics

OnDeck Market Value History

OnDeck Revenue Breakdown

Source: fortune.com

OnDeck Job Categories

Show all human capital metrics

Traffic Overview of OnDeck

OnDeck Online and Social Media Presence

OnDeck Company Life and Culture

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