Lending Club

Lending Club has raised $219M in total funding, with major momentum coming from its $65M Series F round in April 2014, backed by Wellington, T. Rowe Price, and BlackRock. This followed a series of earlier venture rounds and a significant $50M conventional debt raise completed the same day, supporting platform expansion and loan origination capabilities. Known as one of the earliest and largest P2P lending marketplaces in the U.S., Lending Club attracted investors such as Union Square Ventures, Morgenthaler, and Sands Capital Ventures while scaling its underwriting models, borrower acquisition, and marketplace liquidity before going public.