Lendio Raises $4.5M in Series B Funding

Lendio, a South Jordan, UT-based platform for business owners to secure financing, raised $4.5m in Series B funding.

The round was led by Runa Capital with participation from existing investors Tribeca Venture Partners and Highway 12 Ventures.

Led by Brock Blake and Levi King, Lendio provides a free online service that connects small business owners and small business lenders across the country to help them connect, and provides tools to facilitate the loan process on both sides.
The company, which had raised 6m in Series A funding in 2011, is now hiring (read here).



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