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. 


Type
Public
HQ
New York, US
Founded
2006
Size (employees)
708 (est)+11%
Website
ondeck.com
OnDeck was founded in 2006 and is headquartered in New York, US

Key People 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 Data and Metrics

OnDeck Financial Metrics

OnDeck's revenue was reported to be $254.8 m in FY, 2015 which is a 61% increase from the previous period.
$, USD

Revenue (FY, 2015)

254.8 m

Revenue growth (FY, 2014 - FY, 2015), %

61%

Gross profit (FY, 2015)

159.7 m

Gross profit margin (FY, 2015), %

63%

Net income (FY, 2015)

(2.2 m)

Market capitalization (23-Jun-2017)

332.7 m

Closing share price (23-Jun-2017)

4.5
OnDeck's current market capitalization is $332.7 m.
$, USDFY, 2013FY, 2014FY, 2015

Revenue

65.2 m158.1 m254.8 m

Revenue growth, %

142%61%

Cost of goods sold

40 m84.6 m95.1 m

Gross profit

25.3 m73.4 m159.7 m

Gross profit Margin, %

39%46%63%

Sales and marketing expense

18.1 m33.2 m60.6 m

General and administrative expense

12.2 m21.7 m45.3 m

Operating expense total

44.6 m80.5 m161.6 m

Net Income

(24.4 m)(18.7 m)(2.2 m)

OnDeck Operating Metrics

OnDeck's Customers was reported to be 50 k in May, 2016
May, 2016

Customers

50 k

OnDeck Market Value History

OnDeck Revenue Breakdown

OnDeck Online and Social Media Presence

OnDeck News and Updates

OnDeck Company Life and Culture

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