On Deck

ActiveVenture Capital

Updated: Mar 19, 2026 ·

About

On Deck delivers a platform for professional acceleration through a suite of intensive fellowship programs. These programs convene ambitious individuals, including founders, investors, and career changers, providing structured curricula, peer-to-peer learning, and robust networking opportunities. The core offering streamlines career transitions and fosters deep professional connections within specialized cohorts.

On Deck originated from the insight into fragmented professional development for high-potential talent. Co-founder Erik Torenberg was instrumental in its formation. The company sought to build a structured environment where driven individuals could explore ventures, gain skills, and efficiently connect with peers and mentors.

The platform serves ambitious professionals seeking to launch ventures, pivot careers, or accelerate their impact. Its clientele spans aspiring and active founders, angel investors, and venture capitalists. On Deck aims to be the premier destination for global talent charting their next professional course, cultivating an ecosystem of innovation and mutual support.

Recent News & Mentions

Mar 1, 2021FundingOn Deck - Series A

Financial History

On Deck has raised $20.0M across 1 funding round. Most recently, it raised $20.0M Series A in March 2021.

Total Raised

$20.0M

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Oct 1, 2025	The Happy Company	$5.0M Seed	—	Blume Ventures
Jun 1, 2025	Pazy	$700K Seed	—	Andreessen Horowitz, Better Capital, Y Combinator, Akshay Kothari, Christian Oestlien, Cristina Cordova, David Peterson, Dylan Field, Girish Mathrubootham, Kevin Weil, Kunal Shah
Feb 1, 2025	Quicklend	$770K Seed	—	—
Jul 1, 2024	Namma Yatri	$11.0M Seed	—	AngelList, Antler, Blume Ventures, Tiger Global Management, Balaji Srinivasan, Gaurav Munjal, Kunal Shah, Preethi Kasireddy, Roman Saini
Jan 1, 2023	BORN	$3.0M Seed	—	20VC, AirAngels, All Iron Ventures, Andreessen Horowitz, AngelList Syndicator, Angular Ventures, Balderton Capital, Better Capital, Blossom Capital, Buckley Ventures, Chalfen Ventures, Coalition Operators, Earl Grey Capital, Eunoia Capital Partners, IVP, Mantis VC, Pareto Holdings, Slow Ventures, Trust Fund, Volition Capital, Y Combinator, Akshay Kothari, Baron Davis, Chris Schagen, Christian Oestlien, Claire Hughes Johnson, Cristina Cordova, David Peterson, Dylan Field, George Ruan, Girish Mathrubootham, Jan Deepen, Jeremy Yap, Julian Shapiro, Kunal Shah, Louis Beryl, Manik Gupta, Martin Henk, Mathilde Collin, Melissa Tan, Robbert Flipsen, Ryan Tedder, Scott Belsky, Siqi Chen, Stefan Jeschonnek, Tyler Willis, Vindi Banga
Jul 1, 2022	RipenHQ	$530K Seed	—	—
Jul 1, 2022	Hivel	$1.0M Seed	—	Andreessen Horowitz, Better Capital, Y Combinator, Akshay Kothari, Christian Oestlien, Cristina Cordova, David Peterson, Dylan Field, Kevin Weil, Kunal Shah
May 1, 2022	Josh Talks	$3.0M Seed	—	Andreessen Horowitz, Ankur Capital, Better Capital, Y Combinator, Akshay Kothari, Christian Oestlien, Cristina Cordova, David Peterson, Dylan Field, Girish Mathrubootham, Kevin Weil, Kunal Shah
Apr 1, 2022	Pando	$5.0M Seed	—	Andreessen Horowitz, Better Capital, Finch Capital, Global Founders Capital, Inovo VC, Market One Capital, Partech Ventures, Plug & Play Ventures, Y Combinator, Ben Kaminski, Christian Oestlien, Cristina Cordova, David Peterson, Dylan Field, Girish Mathrubootham, Kevin Weil, Kunal Shah
Mar 1, 2022	Hashboard	$7.0M Seed	—	AIX Ventures, Andreessen Horowitz, Bain Capital Crypto, Better Capital, Bombas, Divergent Capital, DST Global, ENIAC Ventures, Flex Capital, Foundation Capital, Founders Fund, FTX Ventures, General Catalyst, Harpoon, Iporanga Ventures, LGF, Matrix, Mischief Venture Capital, monashees, Pareto Holdings, Redpoint Ventures, Reshape Ventures, Scribble Ventures, Sequoia Capital, Slow Ventures, Techstars, The Hit Forge, Third Kind Ventures, Tribe Capital, Venrock, Y Combinator, Akshay Kothari, Ameet Patel, Arash Ferdowsi, Christian Oestlien, David Peterson, Derrick Li, Dylan Field, Girish Mathrubootham, Jeremy Stoppelman, Jeremy Yap, Kevin Weil, Kunal Shah, Leore Avidar, Nik Sharma, Nitay Joffe, Roger Ehrenberg, Roger Laughlin Carvallo, Sahil Lavingia, Sam Blond, Scott Belsky, Spencer Kimball, Stewart Butterfield, Tony Hawk, Varadh Jain
Mar 1, 2022	OSlash	$5.0M Seed	—	AIX Ventures, Andreessen Horowitz, AngelList Syndicator, Better Capital, Breakthrough Energy Ventures, CapitalX, Coalition Operators, FirstMark Capital, Logos Labs, Long Journey Ventures, Matrix, NFX, Not Boring Capital, Pareto Holdings, Prototype Capital, Seven Seven Six, Third Kind Ventures, Trajectory Ventures, Y Combinator, Akshay Kothari, Charlie Songhurst, Christian Reber, Cristina Cordova, David Peterson, DJ Patil, Dylan Field, Fareed Mosavat, Girish Mathrubootham, Gokul Rajaram, Jan Deepen, Job Van Der Voort, Johnny Boufarhat, Julian Shapiro, Justin Mateen, Kevin Weil, Koen Bok, Kunal Shah, Kyle Vogt, Paul Yacoubian, Scott Belsky, Stefan Jeschonnek, Thomas Tull, Trevor Blackwell
Feb 1, 2022	Aside	$17.0M Series A	—	1776, 305 Ventures, Accel, ACME Capital, AIX Ventures, Altair Capital Management, AME Cloud Ventures, American Express Ventures, Andreessen Horowitz, Animoca Brands, Ardent Venture Partners, Arrive, Astanor Ventures, Atlantic Bridge University Fund, Bain Capital Ventures, Balderton Capital, Bennu, Better Capital, Better Tomorrow Ventures, BITKRAFT Ventures, Bling Capital, Blossom Capital, Bond, Browder Capital, C2 Investment, Canvas Ventures, Casa Verde Capital, Cherubic Ventures, Coatue, Cometa, Construct Capital, CRV, Curie.Bio, Draper Associates, DTX Ventures, Emergence Capital, Endeavor Catalyst, Jenny Fielding, Scott Hartley, Expa, Exponent Founders Capital, Fifth Wall, FJ Labs, Flex Capital, Forerunner Ventures, Founder Collective, Founders Fund, Four Rivers Group, Franklin Templeton Investments, Fyrefly VC, GAIN, Gaingels, General Atlantic, General Catalyst, Giant Ventures, Gigascale Capital, Gradient Ventures, Great Oaks Venture Capital, Greylock, Hardware Club, Heavybit, Horizon 3 Venture Studio, Human Augmentation Syndicate, Insight Partners, Interplay Ventures, Khosla Ventures, La Famiglia, LGF, Locus Ventures, Lux Capital, Jared Hecht, Market One Capital, Mischief Venture Capital, Moonshots Capital, Glenn Solomon, Oren Yunger, One Planet Group, Operator Partners, Operator Ventures, Otherwise Fund, Pear VC, Precursor Ventures, QED Investors, QueensBridge Venture Partners, Quiet Capital, Ravelin Capital, Redpoint Ventures, Ribbit Capital, Richmond Global Ventures, Sarona Ventures, SciFi VC, Sequoia Capital, Sherpa Ventures, Silicon Valley Connect, Silicon Ventures, SoftBank Investment Advisers, Sound Ventures, Storm Ventures, Streamlined Ventures, Summit Partners, SV Angel, TenOneTen Ventures, Tet Ventures, ThirdLove, Thirty Five Ventures, TMV, Todd and Rahul's Angel Fund, Tuesday Capital, Uncorrelated Ventures, UpHonest Capital, Walden International, Webb Investment Network, Y Combinator, Aaron Levie, Adam Gross, Adrian Aoun, Akshay Kothari, Amit Agarwal, Amy Chang, Armando Mann, Assaf Wand, Augusto Marietti, Baron Davis, Biz Stone, Christian Oestlien, Chris Wang, Cristina Cordova, Curtis Lee, David Petersen, David Peterson, Diogo Teles, Dylan Field, Eddie Hartman, Elliot Shmukler, Emmett Shear, Eoghan McCabe, Eric Wei, Eric Wu, Evan Brown, George Hu, Gerald Parloiu, Gina Bianchini, Girish Mathrubootham, Gokul Rajaram, Greg Tseng, Harris Barton, Hunter Horsley, Immad Akhund, James Park, Jason Robins, Jenna Hannon, Jeremy Cai, Jesse Leimgruber, Joshua Reeves, Karim Atiyeh, Kathleen Hale, Kevin Lin, Kevin Weil, Kunal Shah, Luke Sherwin, Mark Cuban, Mark Pincus, Matias Woloski, Neil Parikh, Nick Hunley, Pamela Valdes, Samvit Ramadurgam, Saturnin Pugnet, Scott Belsky, Scott Kleper, Sebastian Gil, Sebastien Borget, Shervin Pishevar, Sohail Prasad, Steve Chen, Tony Xu, Venus Williams, Vivek Patel
Nov 1, 2021	Cortex	$15.0M Series A	—	Advisors Fund LLC, Afore Capital, Alt Capital, Andreessen Horowitz, Asylum Ventures, Basecamp Fund, Better Capital, Bungalow Capital, Cedar Capital Group, Collaborative Seed & Growth Partners, Convective Capital, CRV, Cultivation Capital, Curie.Bio, Designer Fund, Digital Currency Group, Dig Ventures, Ethereal Ventures, Jenny Fielding, Scott Hartley, Fenway Summer, Founder Collective, Gaingels, General Catalyst, Gradient Ventures, GreaterGoodSociety, Index Ventures, Insight Partners, Kleiner Perkins, Liquid 2 Ventures, LocalGlobe, MZ, North Island Ventures, Operator Partners, Otherwise Fund, Pillar VC, Preston-Werner Ventures, Scale Venture Partners, SciFi VC, Sequoia Capital, SignalFire, Soma Capital, South Park Commons, Stellar Capital, Tribe Capital, Two Sigma Ventures, Vibe Capital, WorkLife Ventures, Y Combinator, Adam D'Angelo, Akshay Kothari, Ben Porterfield, Christian Oestlien, Cristina Cordova, David Peterson, Dylan Field, Ellen Salisbury, Esther Dyson, Girish Mathrubootham, Jeremy Stoppelman, Kevin Weil, Kunal Shah, Larry Gadea, Max Mullen, Michael Ma, Sahil Lavingia, Sahin Boydas, Sam Altman, Sam Lambert, Sam Palmisano, Scott Belsky, Shishir Mehrotra, Steve Chen, Zachary Sims
Oct 1, 2021	OSlash	$3.0M Seed	—	AIX Ventures, Alchemy Ventures, Ambush Capital, Amino Capital, Andreessen Horowitz, Awesome People Ventures, Balderton Capital, Adeyemi Ajao, Batalion Capital, Better Capital, Breakthrough Energy Ventures, Broadstone, Caffeinated Capital, Capital Factory, Felix Capital, Form Capital, Founders Fund, Haun Ventures, HawksHead Capital, IDEO CoLab Ventures, IDG Capital, Lightspeed India Partners, Lightspeed Venture Partners, Madrona Ventures, Matrix, NFX, Not Boring Capital, Notion Capital, Ben Huh, Otherwise Fund, Pantera Capital, Pareto Holdings, Pharos Capital Group, Point72 Ventures, Redpoint Ventures, Robot Ventures, RTP Global, Scalar Capital, Scale Venture Partners, Sequoia Capital, Seven Seven Six, Sound Ventures, The Hit Forge, Third Kind Ventures, Timespan Ventures, Todd and Rahul's Angel Fund, Trajectory Ventures, True Ventures, Union Square Ventures, Venture Catalysts \| India's First Integrated Incubator, Andreas Dittes, Anthony Pompliano, Balaji Srinivasan, Bobby Goodlatte, Charlie Songhurst, Chris Kurdziel, Chris Schagen, Courtney Guertin, Cristina Cordova, DJ Patil, Dylan Field, Errol Damelin, Ethan Beard, Fernando Martinelli, Fidji Simo, Flavio Nicolay Guimaraes, Gokul Rajaram, Hadi Partovi, Itamar Lesuisse, Jess Sloss, Joe Stump, Jonathan Boutelle, Justin Mateen, Klaus von Sayn-Wittgenstein, Kyle Vogt, Michael Dunworth, Mike Vernal, Miten Mehta, Narendra Rocherolle, Paul Stamatiou, Reggie James, Ricky Engelberg, Scott Belsky, Shishir Mehrotra, Stani Kulechov, Sue Xu, Tegan Kline, Thomas Tull, Trevor Blackwell, William Boebel
Nov 1, 2020	Animall	$6.0M Series A	—	—

Funding Rounds Raised

Date	Round	Lead Investors	Other Investors
Mar 1, 2021	$20.0M Series A		01 Advisors, 10100, 125 Ventures, 20VC, Abstract Ventures, Kevin Hartz, Accel, AirAngels, Altair Capital Management, Alumni Ventures, Amino Capital, Andreessen Horowitz, Anti fund, Archetype, Arena Ventures, Array Ventures, Ascend Vietnam Ventures, Audacity, Awesome People Ventures, Bain Capital Crypto, Banana Capital, Adeyemi Ajao, Battery Ventures, B Capital Group, Boost VC, BoxGroup, Brainstorm Ventures, Browder Capital, Buckley Ventures, Cadenza Capital Management, Canvas Ventures, Chapter One Ventures, Climate Capital, Coinbase Ventures, CoinFund, Construct Capital, Craft Ventures, DCM, Ali Tamaseb, Delta Blockchain Fund, Divergence Ventures, Dreamers VC, Electric Ant, Electric Capital, Ethereal Ventures, f7 Ventures, First Star Ventures, FJ Labs, Flex Capital, Formic Ventures, Foundation Capital, Founder Collective, Founders Fund, FreeSky Capital, Frontier Ventures, Future Perfect Ventures, Gaingels, Galaxy Digital, General Catalyst, GE Ventures, Goat Capital, Gradient Ventures, Gutter Capital, Hack VC, Hashed, Homebrew, Human Augmentation Syndicate, Ideas & Capital, Infinite Niches, Infinity Ventures Crypto, Innovation Endeavors, iNovia Capital, Jude Gomila Rolling Fund, Kearny Jackson, Khosla Ventures, Kleiner Perkins, LAUNCH, LGF, Lightspeed Venture Partners, LombardStreet Ventures, Long Journey Ventures, M34 Capital, Makers Fund, Mindset Ventures, Mischief Venture Capital, Modern Venture Partners, Nascent, Not Boring Capital, Marc van den Berg, Operator Collective, Operator Ventures, Paradigm, Pareto Holdings, Peak State Ventures, Pillar VC, Plug & Play Ventures, Precursor Ventures, Robot Ventures, Safar Partners, Seed Club Ventures, Sequoia Capital, Seven Seven Six, SID Venture Partners, Social Capital, Solana Ventures, Sound Ventures, Tet Ventures, The General Partnership, William Guo, Todd and Rahul's Angel Fund, UpHonest Capital, Valar Ventures, Version One Ventures, Vertex Ventures, Virginia Venture Partners, Weekend Fund, Winklevoss Capital, WPP Ventures, XFactor Ventures, Y Combinator, Adam D'Angelo, Adam Goldstein, Adam Jackson, Adrian Aoun, Akash Garg, Alain Hanover, Alex Pack, Aliaksandr Hudzilin, Alice Lloyd George, Anastasia Andrianova, Andrew Steinwold, Andy Coravos, Andy Rankin, Anthony Pompliano, Ashby Monk, Aston Motes, Balaji Srinivasan, Bangaly Kaba, Biz Stone, Bobby Goodlatte, Bo Shao, Brad Holden, Charlie Cheever, Charlie Feng, Chris Bennett, Christina Cacioppo, Christopher Nguyen, Claire Hughes Johnson, Clark Landry, David Nage, David Rosenberg, Do Kwon, Dylan Field, Emil Lee, Eric Bunting, Eric Chernoff, Eric Wu, Faizan Khan (Unchained Capital), Gokul Rajaram, Immad Akhund, Imran Khan, JB Straubel, JD Ross, Jed Ng, Jeff Chang, Jeff Morris, Jehan Chu, Jen Rubio Butterfield, Jess Sloss, John Fontein, Julia DeWahl, Julia Hartz, Justin Mateen, Kintan Brahmbhatt, Koen Bok, Lauren Loktev, Luis Cuende, Marat Kichikov, Marc McCabe, Matthew Dellavedova, Matt Mazzeo, Michael Dell, Michael Stoppelman, Mike Volpe, Nathaniel Whittemore, Nelson Chu, Regan Bozman, Rene Reinsberg, Robert Gentz, Sahin Boydas, Scott Banister, Scott Belsky, Sina Habibi, Siqi Chen, Stani Kulechov, Steve Chen, Steve Weinstein, Stewart Butterfield, Sue Xu, Tegan Kline, Tikhon Bernstam, Tony Xu, Trevor McFedries, Tyler Scott Ward, Wayne Chang, Wayne Ting, Wiley Cerilli, William Hockey

Financial History

On Deck has raised $20.0M across 1 funding round.

Total Raised

$20.0M

Valuation

N/A

Deep Dive

High-Level Overview

On Deck refers to two distinct entities: OnDeck Capital, a small business lending company, and On Deck, a startup-focused education and community platform.

OnDeck Capital is an American online lender providing flexible financing solutions such as term loans and lines of credit to small businesses in the U.S., Canada, and Australia. It uses proprietary software and algorithms to assess loan eligibility quickly, offering fast funding with tailored repayment terms. Since 2007, it has funded over $15 billion to more than 150,000 businesses, aiming to empower small businesses with accessible capital and dedicated loan advisors[1][5][7].

On Deck (the startup community) is a company that empowers entrepreneurs through intensive programs designed to facilitate startup launches and growth. It offers a range of curated, cohort-based educational programs and community networks that support founders at various stages, focusing on non-dilutive support and building strong founder ecosystems. It has evolved from accelerator-style models to more flexible, founder-friendly programs that emphasize community and education with software-like margins[2][3][4].

---

Origin Story

OnDeck Capital was founded in 2006 by Mitch Jacobs in New York City. Jacobs raised venture capital from prominent investors including First Round Capital, Khosla Ventures, and Tiger Global. The company launched its first short-term loan product in 2007 and grew rapidly, completing an IPO in 2014. Noah Breslow succeeded Jacobs as CEO in 2012. Over time, OnDeck expanded internationally and partnered with platforms like Intuit QuickBooks and Credit Karma to broaden its reach[1][5].

On Deck (startup community) was founded more recently with the mission to reimagine continuing education and startup support by breaking it into smaller, interconnected programs. It grew by building all programming in-house, creating a network of 17 programs and multiple cohorts that feed into each other, such as On Deck Angels and On Deck Founders. The company has shifted from traditional accelerator models to a more community-driven, non-dilutive approach, catering especially to experienced founders seeking flexible support[3][4].

---

Core Differentiators

*For OnDeck Capital:*

Unique lending model: Fully online loan application and approval process using proprietary algorithms to assess business data.
Speed and simplicity: Loans can be approved and funded as quickly as the same day.
Tailored financing: Offers both term loans and lines of credit with flexible repayment terms.
Strong partnerships: Collaborates with platforms like QuickBooks and Credit Karma to streamline access to capital.
Customer support: Provides dedicated U.S.-based loan advisors to guide borrowers through the process[1][5][7].

*For On Deck (startup community):*

Integrated education platform: Offers multiple interconnected programs that create a self-sustaining ecosystem.
Non-dilutive support: Many programs do not require equity, appealing to experienced founders.
Community-driven: Programs are designed based on community feedback and needs.
Flexible investment approach: Provides smaller capital investments with less equity taken compared to traditional accelerators.
Software-like margins: Operates with a scalable education business model, turning a profit while expanding offerings[3][4].

---

Role in the Broader Tech Landscape

OnDeck Capital rides the trend of digital transformation in financial services, specifically fintech lending for small businesses. The timing aligns with growing demand for fast, accessible capital outside traditional banks, especially for small and medium enterprises that need flexible funding solutions. Its data-driven underwriting and online platform reduce friction and improve access, influencing the broader ecosystem by setting standards for transparency and speed in small business lending[1][5].

On Deck (startup community) capitalizes on the rising demand for alternative education and community support for founders outside traditional accelerators and incubators. It leverages trends in remote work, founder networks, and modular learning to build a new model for startup education and funding. By focusing on non-dilutive, founder-friendly programs, it influences the startup ecosystem by providing a more flexible, founder-centric approach to early-stage support and capital access[2][3][4].

---

Quick Take & Future Outlook

OnDeck Capital is likely to continue refining its digital lending platform, expanding partnerships, and enhancing data-driven credit models to maintain its leadership in small business lending. Market trends such as increased digital adoption by small businesses and demand for flexible financing will shape its growth. Its role as a trusted lender with fast funding positions it well to adapt to evolving small business needs.

On Deck (startup community) appears poised to deepen its integrated education ecosystem, expanding program offerings and community engagement. Trends like the decentralization of startup support, increased founder sophistication, and demand for flexible, non-dilutive resources will drive its evolution. Its influence may grow as a key platform for founder development and early-stage startup growth without the constraints of traditional accelerator equity models.

Both entities named "On Deck" reflect innovation in their respective domains—financing for small businesses and founder education/community—each shaping their ecosystems by addressing critical gaps with technology-enabled solutions.

Sources

Frequently Asked Questions

Who founded On Deck?

On Deck was founded in 2016 by Zorayr Khalapyan (Founder Fellow) and Julian Weisser (Co-Founder | Partner) and Erik Torenberg (Founder).

How much funding has On Deck raised?

On Deck has raised $20.0M in total across 1 funding round.

Who are On Deck's investors?

On Deck's investors include 01 Advisors, 10100, 125 Ventures, 20VC, Abstract Ventures, Kevin Hartz, Accel, AirAngels, Altair Capital Management, Alumni Ventures, Amino Capital, Andreessen Horowitz.