OakNorth

Company

Investment-firm

Last deal

Amount

Non-equity Assistance

Stage

02.06.2021

Date

3

all rounds

$1.04B

Total amount

Financing round

General

About Company
OakNorth's Credit Intelligence Suite transforms commercial lending with data-driven technology.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2015

Number of employees

Company Type

For Profit

Last funding type

Non-equity Assistance

IPO status

Private

Description

OakNorth, founded by Rishi Khosla and Joel Perlman, was created to address the funding gap in commercial lending. Their Credit Intelligence Suite provides lenders with a forward-looking view of borrowers, enabling faster credit decisions and more targeted strategic lending. The suite has propelled OakNorth Bank into the top 1% of commercial banks globally in terms of return on risk-weighted assets and efficiency. The software is being used by banks around the world, including SMBC, PNC Bank, and NIBC.
Contacts

location

Social url

Sub-Organizations
1
OakNorth Bank

OakNorth Bank

OakNorth Bank provides bespoke loans ranging from £500k to £50m to fast-growth businesses in the UK's "Missing Middle."

Sector

Finance and Credit Services

Subsector

Consumer Lending

Keywords

Financial Services, Finance, Banking

Location

London, UK

count Of Investments

19

count Of Exists

3
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Financials

Funding Rounds
9
3

Number of Funding Rounds

$1.04B

Money Raised

Their latest funding was raised on 02.06.2021. Their latest investor The FIS FinTech Accelerator in Partnership with The Venture Center. Their latest round Non-equity Assistance

The FIS FinTech Accelerator in Partnership with The Venture Center

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Sector

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Subsector

Diversified Financial Services

Keywords

Financial Services, FinTech, Education

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Little Rock, AR, USA

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Subsector

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total raised

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Co-Investors
Investors
10
8

Number of lead investors

10

Number of investors

Investor 
Lead 
Round 
Partners 
The FIS FinTech Accelerator in Partnership with The Venture Center

The FIS FinTech Accelerator in Partnership with The Venture Center

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Sector

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Subsector

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Keywords

Financial Services, FinTech, Education

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Little Rock, AR, USA

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60

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Subsector

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People

Founders
2
Rishi Khosla
Rishi Khosla

Rishi Khosla

Rishi Khosla is a serial start-up entrepreneur; and the co-founder of OakNorth - the next-generation credit platform that's redefining lending to lower mid-market businesses globally (loans of $0.5m-$25m). Prior to co-founding OakNorth, Rishi co-founded and built Copal Amba into a 3,000 employee business providing outsourced research for investment banks, private equity funds and asset managers. Copal was fully acquired by Moody's Corporation in 2014. Rishi is also an active venture investor and has provided early stage funding to two multi-billion dollar companies – Indiabulls and PayPal. He has a bachelor’s degree in Economics from University College London and a Masters in Accounting & Finance from the LSE where he attended on a scholarship.

current job

OakNorth
OakNorth

count Of Investments

1

Rishi Khosla

Joel Perlman
Joel Perlman

Joel Perlman

Joel Perlman is the Co-founder and Chief Strategy Officer of OakNorth - the next-generation credit platform that's redefining lending to lower mid-market businesses (loans of $0.5m-$25m). Joel previously co-founded Copal Amba, an outsourced research company, and served as President for 12 years. During his time building Copal Amba, it grew to 3,000 employees across 11 countries and was acquired by Moody’s Corporation (NYSE: MCO) in 2014. Joel began his career at McKinsey & Company and has degrees from the London School of Economics and Georgetown University.

current job

OakNorth
OakNorth

organization founded

3

Joel Perlman

Employee Profiles
26
Mo Zhai

Mo Zhai

Director Of Strategic Partnerships

Andrey Zotov

Andrey Zotov

Senior Engineering Manager

Betsy Ziegler

Betsy Ziegler

VP, Head Of Sales Ops & Enablement

Tiffany Teng

Tiffany Teng

VP, Head Of Sales Operations

Jessica Reiter

Jessica Reiter

Chief Marketing Officer

Anya Darrow

Anya Darrow

VP of customer success

Raj Cherabuddi

VP of engineering

Demircan Çelebi

Demircan Çelebi

Software Engineer

Activity

Recent News
2
News Timeline

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