Last deal

$6.2M

Amount

Venture - Series Unknown

Stage

19.10.2018

Date

3

all rounds

$7.05M

Total amount

date founded

Financing round

General

About Company
Cumulus Funding invests in the American worker by providing funds for purchases or to pay down loans, credit cards, or bills.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2011

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Traditional banks and lenders often fail to meet the needs of many people in the country, which is where Cumulus Funding comes in. They provide access to capital that traditional lending institutions either can’t or won’t, and their interests are completely aligned with their customers. Instead of burdening customers with additional debt in the form of a loan, they make investments in individuals, providing funds today in exchange for a percentage of future earnings. This financial product is easy to understand, and their mission is to be a better financial partner for hard-working individuals.
Contacts

Contact Email

Phone number

Social url

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Financials

Funding Rounds
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3

Number of Funding Rounds

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Money Raised

Their latest funding was raised on 19.10.2018. Their latest round Venture - Series Unknown

Date 
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Money Raised 
Lead 
19.10.2018
$6.2M
31.12.2012
2
$850K
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count Of Investments

184

count Of Exists

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Co-Investors
Investors
4
1

Number of lead investors

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Number of investors

Investor 
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Mr. David Fisher serves as Chief Executive Officer at Enova International. Mr. David Fisher serves as Board Member at GoHealth. He also serves as President of Headway Capital. David joined Enova as CEO in 2013. From 2007 to 2012, he served as CFO, President and then CEO at optionsXpress, from March 2007 to October 2007, spearheading the company's sale to Charles Schwab in 2011 for $1.4 billion (including a one-time dividend). David Fisher is Chief Executive Officer of Enova International, Inc. (NYSE: ENVA), a leading technology and analytics company focused on online lending. Prior to joining Enova in January 2013, Mr. Fisher served as the CEO and member of the Board of Directors of optionsXpress Holdings, Inc., during which time he spearheaded the company's sale to Charles Schwab. Before joining optionsXpress, he held CFO positions at Potbelly Sandwich Works and Prism Financial Corporation. Mr. Fisher is a member of the Board of Innerworkings, a global print management firm, and GrubHub, a leading online and mobile food-ordering company. Mr. Fisher holds a Bachelor of Science degree in finance with high honors from the University of Illinois at Urbana-Champaign and a Juris doctor, Magna Cum Laude, from the Northwestern University School of Law. He served as Board Member at Roti Modern Mediterranean. [Source: Public Company Filing]

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People

Founders
1
Nathan Popkins
Nathan Popkins

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organization founded

2

Nathan Popkins

Employee Profiles
3

Anet Wysocki

Lead servicing specialist

Lindsay Cohen

Lindsay Cohen

Chief Marketing Officer

Activity

Recent News
0