Assertion Supported AI assessment confidence: 95% certainty 4/5 debate potential 1/5

Rabil: Funding Circle Acquired Endurance Lending Network During Its Series A

Paul Rabil · Paul Rabil - Lacrosse and Entrepreneurship (Capital Allocators, EP.95) · Apr 15, 2019 · at 17:06

Paul Rabil, professional lacrosse player and co-founder of the Premier Lacrosse League, discusses his early business ventures alongside his brother Mike Rabil.

0:00 / 0:09exact quote · 9.7s

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“We started endurance lending network. So he shifted his time full time there that got acquired by funding circle. When we were out for our series a that turned into funding circle us”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

The claim, plainly

Endurance Lending Network, co-founded by Mike Rabil with Paul Rabil as a passive investor, was acquired by Funding Circle during its Series A fundraising round to become Funding Circle US.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

Public reporting and company announcements confirm that Endurance Lending Network was co-founded by Mike Rabil (alongside Alex Tonelli and Sam Hodges) around 2011–2012. In October 2013, while Endurance Lending Network was in the market seeking Series A funding (having previously raised a seed round in 2012), UK-based peer-to-peer lender Funding Circle acquired/merged with the company to launch its United States operations as Funding Circle US.

Endurance Lending Network was founded around 2011–2012 by Alex Tonelli, Sam Hodges, and Mike Rabil.
On October 24, 2013, Funding Circle announced its acquisition/merger of San Francisco-based Endurance Lending Network, rebranding the operation as Funding Circle US.
The acquisition occurred following Endurance's seed round while the company was seeking Series A capital, concurrently with Funding Circle's $37 million Series C round to finance US expansion.

Checked against

[1] p2p-banking.com [2] heyfuturenexus.com [3] dartmouth.org [4] coeffex.com [5] carta.com [6] strictlyvc.com [7] debanked.com [8] medium.com

"Endurance Lending" "Series A" "Funding Circle" Funding Circle Endurance Lending Network acquisition "Endurance Lending Network" "Mike Rabil" "Endurance Lending Network" founders

assessed as of 2026-09-02

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Mentioned

Endurance Lending Network Funding Circle Mike Rabil

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