What is Credible?
Credible operates as a high-growth fintech platform designed to streamline the consumer lending experience. By integrating directly with financial institutions and credit bureaus, the company provides a transparent, personalized marketplace that empowers users to compare and select competitive loan products. Its core technology stack is engineered to reduce friction in the borrowing process, positioning Credible as a critical intermediary in the modern digital finance landscape. The firm's market position is defined by its ability to deliver accurate, real-time financial data, thereby facilitating better decision-making for consumers while providing lenders with high-intent, pre-qualified leads.
How much funding has Credible raised?
Credible has raised a total of $74.5M across 8 funding rounds:
Other Financing Round
$500K
Other Financing Round
$700K
Multiple Rounds
$13M
Series B
$10M
Stock Offering
$50M
Debt
$350K
Other Financing Round (2014): $500K with participation from Itamar Novick, Peter Gammell, Dean Dorrell, Mitch Zuklie, Orrick, Carthona Capital, Simon Franks, Trevor Loewensohn, and Cthulhu Ventures
Other Financing Round (2014): $700K led by Dean Dorrell and James Synge
Angel/Seed (2015): $1.5M supported by Cthulhu Ventures, Orrick, Redbus Group, Cap-Meridian Ventures, and Carthona Capital
Other Financing Round (2015): $1.5M featuring Carthona Capital, Cthulhu Ventures, Redbus Group, Cap-Meridian Ventures, and Orrick
Series A (2015): $10M backed by Carthona Capital, Ron Suber, Soul Htite, and Scott Langmack
Series B (2017): $10M with participation from Ron Suber, Carthona Capital, and Regal Funds Management
Stock Issuance/Offering (2017): $50M, investors not publicly disclosed
Debt (2020): $350K supported by PPP
Key Investors in Credible
Carthona Capital
Carthona Capital is a proactive venture capital firm based in Sydney, Australia, that invests globally in early-stage startups, typically at the Pre-Seed, Seed, or Series A stages. The firm manages approximately $360 million in funds and takes a hands-on approach to supporting its portfolio companies.
Regal Funds Management
Regal Funds Management is a leading alternative investment manager in Australia, specializing in long/short investment strategies across equities, private markets, and credit & royalties.
Ron Suber
A prominent angel investor and advisor known for his extensive expertise in the fintech and marketplace lending sectors.
What's next for Credible?
Looking ahead, Credible is well-positioned to leverage its recent capital influx to further penetrate the enterprise-level financial services market. The strategic focus will likely center on expanding its product suite and deepening its integration with institutional partners to maintain its competitive edge in the fintech sector. As the company moves beyond its initial scaling phase, the emphasis will shift toward long-term sustainability and the optimization of its proprietary lending infrastructure. By maintaining its focus on user-centric financial tools, Credible is poised to capitalize on the ongoing digital transformation of the global lending industry, ensuring that its marketplace remains a primary destination for consumers navigating complex financial decisions.
See full Credible company page
