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SoMoLend

250 employees

SoMoLend, a web-based tech platform, allows small businesses to raise debt financing from individuals, banks, and business associations.

Basic info

Industry

financial services

Sectors

Peer-to-Peer Lending
Finance
FinTech

Date founded

2011

Funding rounds raised

Total raised

$2.2M

from 8 investors over 8 rounds

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SoMoLend raised $2.2M on March 28, 2013

Investors: CincyTech USA, Blue Chip Venture Company, QED Investors and Queen City Angels

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SoMoLend raised $1.2M on October 3, 2012

Investors: CincyTech USA, Queen City Angels and LaunchHouse

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SoMoLend raised $310K on September 10, 2011

Investors: CincyTech USA

FAQ