Lendtable provides short-term capital that lets employees receive their full employer 401(k) match and participate in Employee Stock Purchase Plans (ESPPs). The company has expanded its product set to include Lendtable Cash and an ESPP Cash product that now represents roughly 20% of users. Over the past year Lendtable provisioned more than $3 million to customers (up from about $134,000) and grew its business roughly 22x. Operational investments include thousands of indexed 401(k) plans, integrations with providers like Atomic and DocuSign, a redesigned app and landing page, and a customer-success focus that delivered a median response time of 45 seconds. Future plans in the article include tripling headcount in the next year, continuing to grow core 401(k) and ESPP products, and building out services that support lifelong customer relationships.

Total raised

$18M

Funding rounds

1

Latest round

Series A

Latest activity

Dec 2021