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LoanStar Technologies Raises $28M Funding Round

PRIVATEJan 31, 2024

Amount Raised

$28 Million

Round Type

Funding Round

SwarthmoreInformation TechnologyFinancial Services

Investors

Monarch Strategic AdvisorsBen Franklin Technology Partners Of Southeastern PennsylvaniaTru Mark Financial Credit UnionLaunch Credit UnionSageview Capital

Description

LoanStar Technologies, a Swarthmore, PA-based financial technology company focused on embedded lending, raised $28M in funding. Backers included Sageview Capital, Launch Credit Union, TruMark Financial Credit Union, Ben Franklin Technology Partners of Southeastern Pennsylvania, and Monarch Strategic Advisors.

Quick answer

Loanstar Technologies LLC raised $28 Million in a Funding Round round, dated January 31, 2024. Investors: Monarch Strategic Advisors, Ben Franklin Technology Partners Of Southeastern Pennsylvania, Tru Mark Financial Credit Union, Launch Credit Union and Sageview Capital. Loanstar Technologies LLC is based in Swarthmore, Pennsylvania, United States.

How much did Loanstar Technologies LLC raise?
Loanstar Technologies LLC raised $28 Million in a Funding Round round on January 31, 2024.
Who invested in Loanstar Technologies LLC?
Monarch Strategic Advisors, Ben Franklin Technology Partners Of Southeastern Pennsylvania, Tru Mark Financial Credit Union, Launch Credit Union and Sageview Capital are named as investors in this round.
What does Loanstar Technologies LLC do?
LoanStar Technologies is a financial technology company specializing in embedded lending services, based in Swarthmore, PA.
Where is Loanstar Technologies LLC based and how big is it?
Loanstar Technologies LLC is based in Swarthmore, Pennsylvania, United States.
Who are the decision-makers at Loanstar Technologies LLC?
Fundz holds 1 contact at Loanstar Technologies LLC, including the Executive Officer, Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services around the same time

Companies in the same sectors as Loanstar Technologies LLC that raised within 45 days of this round, from Fundz verified event records.

  • Billy raised $4.5M (Seed) on March 15, 2024.
  • StackinSat raised $1.1M (Series A) on March 15, 2024.
  • Wealthfeed raised $2M (Series D) on March 15, 2024.
  • Icon Solutions raised an undisclosed amount on March 14, 2024.
  • Youverify raised $2.5M (Pre-Series A) on March 14, 2024.
  • Vesta Equity raised an undisclosed amount on March 14, 2024.

Who to call at Loanstar Technologies LLC, and when

A new round usually means Loanstar Technologies LLC is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Loanstar Technologies LLC

Location

200 BARR HARBOR DRIVE

Swarthmore, Pennsylvania, United States

About

LoanStar Technologies is a financial technology company specializing in embedded lending services, based in Swarthmore, PA. The company's MerchantLinQ platform empowers lenders to provide instant point-of-sale finance through local merchants.

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Related People

1 contact
Verified contactsAndrew T., Executive Officer, DirectorSee plans and pricing
Predictive Intelligence
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Loanstar Technologies LLC raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.