# Orchard Platform

> Orchard Platform was a New York fintech infrastructure company connecting online loan originators with institutional investors through standardized data, analytics, investment tools and a qualified deal network. Founded in 2013, it was acquired by Kabbage in 2018; this profile covers its independent operating history.

- **Founded:** 2013
- **Headquarters:** New York, United States
- **Founders:** Matt Burton (Co-founder and CEO), Angela Ceresnie (Co-founder and CFO), Jonathan Kelfer (Co-founder and CTO), David Snitkof (Co-founder and Chief Analytics Officer)
- **Products:** Investment and order management, Orchard U.S. Consumer Marketplace Lending Index, Deals, Capital Management, Advanced Analytics and Data Services
- **Notable:** Raised a company-confirmed cumulative USD 44.7 million by September 2015., Produced a U.S. consumer marketplace lending benchmark distributed through Bloomberg Professional., Named to Forbes’ Next Billion Dollar Startups list in 2015.

## Products & services

- **Investment and order management** — Automated institutional loan selection and order submission, with portfolio monitoring and reporting.
- **Orchard U.S. Consumer Marketplace Lending Index** — A benchmark of eligible U.S. online consumer loans, distributed through Bloomberg Professional.
- **Deals** — A qualified institutional network for loan pools, forward flow agreements and credit facilities, operated by Orchard Platform Markets, LLC.
- **Capital Management** — Allocation optimization, facility monitoring and automated borrowing-base reporting for originators.
- **Advanced Analytics and Data Services** — Data integration, scenario analysis, anonymized peer benchmarking and client reporting.

## Achievements

- Raised a company-confirmed cumulative USD 44.7 million by September 2015.
- Produced a U.S. consumer marketplace lending benchmark distributed through Bloomberg Professional.
- Named to Forbes’ Next Billion Dollar Startups list in 2015.
- Launched Deals through its registered broker-dealer subsidiary in September 2017.
- Kabbage’s 2018 announcement planned to add more than 20 Orchard analytics, data-science and engineering employees.

## Latest updates

- **2018-04** — Kabbage announced a definitive agreement to acquire substantially all Orchard assets on April 26; Matt Burton, David Snitkof and more than 20 employees were to join.
- **2018-05** — Contemporaneous deBanked coverage described the Kabbage acquisition as completed.
- **2020-10** — American Express acquired substantially all of Kabbage, the later corporate context for Orchard’s acquirer; the pre-existing Kabbage loan portfolio was excluded.

## Links

- Website: http://www.orchardplatform.com
- LinkedIn: https://www.linkedin.com/company/orchard-app/
- Twitter/X: https://twitter.com/OrchardPlatform
- Facebook: https://www.facebook.com/Orchard-Platform-532023623517057/

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Profile page: https://yespress.io/orchard-platform
Published by YesPress — https://yespress.io
Last updated: 2026-10-05