What Happened?
New York, NY-based Fundera Appointed Jared Hecht as Chief Executive Officer
Date of management change: September 16, 2013
New York, NY-based Fundera Appointed Jared Hecht as Chief Executive Officer
Fundera is an online marketplace that connects small business owners with the best funding provider for their businesses. Fundera works with hand-picked, prescreened lenders to assemble the highest quality funding sources for small business owners and ensures borrowers receive fair terms and rates on each loan. The company was co-founded in 2013 by GroupMe co-founder Jared Hecht, successful software entrepreneur Rohan Deshpande and seasoned entrepreneur Andres Moran to bring transparency to the lending process. The company has raised $3.4 million from Khosla Ventures, First Round Capital, Lerer Ventures, SV Angel, and angel investors Strauss Zelnick, Rob Wiesenthal, David Rosenblatt and David Tisch, and is based in New York City.
Jared Hecht is the co-founder and the chief executive officer at Fundera, an online marketplace that matches small business owners to the best possible lender. He started Fundera after his cousin experienced the frustration and lack of transparency of applying for a small business loan. Previously, Jared co-founded GroupMe, a group messaging service that in August 2011 was acquired by Skype, which was subsequently acquired by Microsoft in October 2011. Prior to GroupMe, he led Business Development at Tumblr where he focused on international expansion and strategic partnerships. Jared currently serves on the Advisory Board of the Columbia University Entrepreneurship Organization and is an investor and advisor to startups such as Codecademy, SmartThings, and TransferWise. Jared received his BA in Political Science from Columbia University where he served as the publisher and managing director of Inside New York.
Press Release
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