Participated · Series B · Feb 2022

LoanStreet provides a fully integrated online platform for sharing, managing, and analyzing loans, including a market-leading loan participation and reporting solution and loan analytics. The company is developing a next-generation commercial loan servicing product. LoanStreet’s software connects financial institutions and streamlines loan administration to improve transparency and risk-sharing. Founded in 2013 by Ian Lampl, the platform serves banks, credit unions, and direct lenders through a nationwide network. Over 1,200 financial institutions now use LoanStreet’s solution to do business with each other and maximize lending capacity. The company plans to use new capital to drive adoption, expand analytics, and continue product development. Founded in 2013 and led by CEO Ian Lampl, LoanStreet offers a fully integrated SaaS lending solution that enables financial institutions to establish new revenue sources, scale loan purchases and sales, and improve balance sheet and regulatory reporting. The platform is used by hundreds of financial institutions. The company will use the new funding to continue to expand its business reach. LoanStreet’s product focuses on streamlining the process of sharing, managing, and originating loans across banks, credit unions, and alternative lenders. The company reports that it helps strengthen financial and regulatory reporting for its customers. Headquarters are in New York City.