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Synopsis
01 Advisors, a venture and advisory firm, led a $18m funding round in Lendtable, a financial services company that specializes in providing income-constrained individuals with wealth-building cash advances, with participation from Streamlined Ventures, SoftBank Opportunity Fund, Valor Equity Partners, and Dragon Capital. "We are thrilled to partner with Mitchell and Sheridan through our investment in Lendtable. They have put together a phenomenal team, and we are impressed with how fast they've moved on such an enormous problem. The retirement industry is large and ripe for improvement, and Lendtable solves the core liquidity issue with the space," Dick Costolo and Adam Bain, 01 Advisors founders.
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