How much has LendingClub raised?
LendingClub is not an active venture-backed startup profile; the useful answer is NYSE: LC; public company, with $864.6M 2025 revenue net of interest expense as the current scale anchor and 2026 Happen Bank rebrand planned as the latest major capital event.
- Total raised
- Public company; no active VC round total
- Disclosed rounds
- Public listing, debt, acquisitions, and strategic transactions
- Latest round
- 2026 Happen Bank rebrand planned
- Latest valuation
- NYSE: LC; public company
- First raised
- 2006
- Notable backer
- Public shareholders
LendingClub's funding rounds
LendingClub's capital history is a public-market and strategic-transaction timeline rather than a VC round stack.
- 2006FoundedLendingClub begins as a peer-to-peer lending marketplace.
- 2014IPOLendingClub lists publicly.
- 2021Radius Bank acquisitionCompany completes bank acquisition and gains a bank charter.
- 2025$864.6M revenue net of interest expenseAnnual revenue measure reported in the 2025 Form 10-K.
- 2026Happen Bank rebrand plannedManagement advances a bank-brand transition while scaling new loan categories.
How much has LendingClub raised in total?
LendingClub does not have a current VC round total that explains the account. The more useful capital answer is NYSE: LC; public company, $864.6M 2025 revenue net of interest expense, and the strategic events listed in its filings and investor materials.
For sales planning, this means budget should be interpreted through operating scale, current ownership, debt capacity, and management priorities rather than a startup-style runway clock.
Who are LendingClub's investors?
LendingClub's investors are public-market shareholders, index holders, active managers, and debt or capital-market counterparties. Strategic investors or acquirers matter where listed in the timeline.
The practical takeaway is that investor pressure usually favors measurable ROI, margin improvement, compliance quality, and risk control over experimental spend.
Why did the valuation move?
Valuation for LendingClub is tied to revenue growth, housing or credit cycles, rates, transaction volume, margins, operating leverage, and company-specific execution. For acquired or combined companies, the relevant valuation moved from standalone trading value to negotiated strategic consideration.
Because market capitalization changes daily, the profile avoids a stale point-in-time market cap and instead highlights public status, revenue scale, and durable transaction events.
Is LendingClub profitable, and will it IPO?
LendingClub is already or was already public, so the IPO question is historical. Profitability should be checked in the latest Form 10-K, quarterly results, and management commentary because credit, housing, title, insurance, and brokerage cycles can change earnings quickly.
For procurement, profitability matters because it shapes budget scrutiny, but even loss-making or cyclical public companies still fund projects that directly improve conversion, risk, compliance, or cost to serve.
What does LendingClub's funding mean if you sell into them?
Treat LendingClub as a mature enterprise account. The buying committee will expect security review, procurement process, integration clarity, legal terms, and a business case tied to public metrics.
Strong seller signals include technology modernization, acquisition integration, AI/data initiatives, servicing or claims efficiency, and any investor-discussed margin or growth priority.
As of June 2026.Sources:LendingClub 2025 Form 10-KLendingClub leadershipLendingClub Q1 2026 results
LendingClub — frequently asked questions
