Credible
Company

Last deal

Amount

Post-IPO Equity

Stage

05.09.2019

Date

3

all rounds

$25.8M

Total amount

date founded

Financing round

General

About Company
Credible is a multi-lender marketplace that empowers consumers to take control of their finances.

Industry

Sector :

Subsector :

Keywords :

Also Known As

CREDIBLE LABS

founded date

01.11.2012

founders

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

Credible Labs Inc is a US-based company offering an online marketplace for personalized loan offers from multiple, vetted lenders in real-time. They provide services for student loans, personal loans, credit cards, and student loan refinancing. Credible is committed to delivering fair and unbiased financial solutions for millennials. They strive to act as advisors by being friendly, objective, and open in their communication. Their mission is to help people find the best loan or insurance policy possible through a simple and clear process.
Contacts

Contact Email

Phone number

Social url

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M&A Details
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Acquired by

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announced date

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price

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Financials

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3

Number of Funding Rounds

$25.8M

Money Raised

Their latest funding was raised on 05.09.2019. Their latest investor Carthona Capital. Their latest round Post-IPO Equity

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Investors 
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01.07.2016
1
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Co-Investors
Investors
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4

Number of lead investors

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Number of investors

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Round 
Partners 
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Series A, Series B
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Yes
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Dean Dorrell

Dean Dorrell

Dean Dorrell has a B.A. (Hons.) in Economics and had a successful initial career as a bond trader, arbitrageur and proprietary trader. He was a coder from very early days and used those skills whilst trading to formulate some of the earliest proprietary models, quant trading systems and statistical arbitrage methods in the 1990’s that led to him becoming Head of Bond Trading at Paribas in London and later joining Greenwich Capital and Greenwich Natwest. Dean made his first angel investment in 1998 and during the mid-2000’s transitioned into a VC/private equity/operating executive role with Redbus Group in London which had successful exits such as RFD to Lionsgate and Lovefilm (which was the merged entity that the Redbus founded Video Island became part of) to Amazon and was named winner of the Richard Branson sponsored Sunday Times Virgin Atlantic Fast Track 100. Dean moved to Australia in 2010 and became the Managing Director and an Investment Committee Member of M.H. Carnegie & Co. in 2011, primarily leading the deal team in early stage venture investments and private equity deals (largely focused on distressed real assets such as marinas and pubs). Dean co-founded Carthona Capital in 2014 which has become one of Australia’s leading early stage venture capital companies with over $200m of FUM.

current job

Carthona Capital
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Acquisitions
1
Acquiree Name 
Date 
Price 
Acquisition Name 
Young Alfred acquired by Credible

Young Alfred acquired by Credible

acquirer

Credible
Credible

date

09.12.2021

type

Acquisition
Young Alfred

Young Alfred

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Sector

Non-life Insurance

Subsector

Insurance Brokers

Keywords

Marketplace, Insurance

Location

New York, NY, USA

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5

total raised

$14.15M

People

Founders
1
Stephen Dash
Stephen Dash

Stephen Dash

Stephen is the Founder and CEO of Credible. He founded Credible because of sheer disbelief at the burden student debt placed on young Americans (a problem that does not exist in his native Australia). Stephen is still recovering from his many years as an investment banker at J.P. Morgan - where he spent his days (and nights) analyzing and advising major international banks on operations, M&A, capital adequacy and funding. More recently he founded QC Media and was an Investment Director at MHC & Co.

current job

Credible
Credible

organization founded

1

Stephen Dash

Employee Profiles
5
Colin Bowman

Colin Bowman

VP Product Management

Stephen Dash

Stephen Dash

Founder & CEO

Michael Frank

Michael Frank

Business Dude

Activity

Recent News
1