Funding round
LoanBase Seed
LoanBase, which works in commercial real estate financing solutions in El Segundo, raised $256K in a Seed round announced on 19 Oct 2014. 1 firm took part.
$256K
Amount raised
200,000 EUR converted
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
LoanBase did not disclose a valuation in this round. No later venture round is on record for LoanBase.
LoanBase's funding rounds
This is the only venture round on record for LoanBase.
- Seed this round 19 Oct 2014 $256K
- Debt not a venture round 9 Oct 2021 $50K
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- LAUNCHub backs 36 venture-backed companies
Comparable rounds
How it compares
5 Seed rounds in Loans & Financing within a year either side disclosed an amount; the median was $1.5M, and this round was 17% of the median. The closest in time, other companies' Seed rounds in Loans & Financing:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Loans & Financing | 1 Jun 2014 | undisclosed | not disclosed | not named |
| Loans & Financing | 14 Apr 2015 | $1.1M | not disclosed | Sancus Lending Group |
| Octane Loans & Financing | 1 Jan 2014 | $1.5M | not disclosed | not named |
| Loans & Financing | 1 Jul 2015 | $1.5M | not disclosed | not named |
| Loans & Financing | 23 Sep 2015 | $1.7M | not disclosed | not named |
| Creditas Loans & Financing | 1 Oct 2013 | $1.4M | not disclosed | not named |
Questions
Frequently asked
How much did LoanBase raise in its Seed round?
LoanBase raised $256K in its Seed round, announced in Oct 2014.
Which investors took part in LoanBase's Seed round?
LAUNCHub.
What was LoanBase's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Loans & Financing?
5 Seed rounds in Loans & Financing within a year either side disclosed an amount; the median was $1.5M, and this round was 17% of the median.