Lendorse Funding News -Berlin-Based Lendorse Raises €1.7M Funding

The round was co-led by LUMO Labs and Soulmates Ventures, with additional backing from PI Impact and angel investor Daniel Naber.

Michal Sikyta, Investment Director at Soulmates Ventures, says, “Empowering the brightest students and fostering a more resilient and secure future is the mission of the Lendorse team. Supporting ambition, driving innovation and growth across Europe is crucial.”

“Equal access to education is key for this, especially for talented international students often excluded from common financing options. We are proud to support a team that unlocks potential at scale.”

Every year, many international students get accepted into higher education programs but can’t enroll due to financial challenges. Lendorse aims to change that.

Read Also - London’s Kiin Bio Gets €1.9M In Pre- Seed Round To launch Its Drug Discovery Platform

Through its digital platform, Lendorse offers upfront funding for tuition and living expenses. Students don’t have to repay the amount right away—instead, they start repayment once they begin working, based on a fixed percentage of their future income.

In addition to financing, Lendorse also provides career guidance and integration tools to help students succeed academically and professionally in Europe.

Dagmar van Ravenswaay Claasen, Partner at LUMO Labs, mentions, “At the core of Lendorse’s platform is a proprietary underwriting engine that evaluates each applicant based on academic performance, career trajectory, and personal motivation.”

“This data-driven model enables fast, consistent and fair funding decisions, ensuring that support flows to individuals with the motivation to succeed in top academic and professional environments. We are very happy to support the further development and roll-out of this very impactful and scalable platform.”

Lendorse has previously received support from Techstars, Earlybird Vision Lab, Evergryn Ventures, 4OS Capital, and Vealo Ventures.

Lendorse will use the new funding to improve its platform and grow its team. The company also plans to expand its reach to meet rising demand and take advantage of growing institutional support.

Bjoern Christian Wolf, Lendorse co-founder & CEO, says, “Behind every Lendorse investment, there is a student with a dream and the drive to pursue it. We’re not just covering costs, we are removing barriers and opening doors to opportunities that can redefine a future.”

LUMO Labs has launched the LUMO Rise Fund, a €100 million multi-stage venture capital fund that supports startups from pre-seed to Series A. Along with funding, the fund offers a startup coaching program and focuses on technologies like AI, blockchain, IoT, digital security, and extended realities.

The fund backs solutions aligned with the UN Sustainable Development Goals in areas such as health, education, urban development, and climate. It mainly targets startups in Benelux and Germany, with some investments in the Nordics, Baltics, and Iberian Peninsula. LUMO Rise Fund is the successor to LUMO Fund II and is led by founders Andy Lürling and Sven Bakkes.

Soulmates Ventures, founded in 2020 by Hynek Sochor, is a Czech accelerator and VC firm that supports startups focused on long-term sustainability. The firm offers funding and hands-on support to help founders grow and expand into new markets. Its portfolio includes 18 companies such as eAgronom, Kardi AI, Twinzo, Flowpay, VOS.health, Precismo, Ogre AI, Madmonq, and Twin Science.

About Lendorse

Lendorse was founded in 2022 by Bjoern Christian Wolf, Evgenii Avdeev, and Hannah Sharpe with the goal of making education more accessible. Instead of relying on credit history or collateral, the company links financial support to a student’s future earnings.