LL Funds is an SEC-registered independent investment firm founded in 2009 and based in Philadelphia. The firm specializes in asset-backed securities (ABS), private credit, warehouse lending, and equity investments in specialty consumer finance originators.
40% of their portfolio is in Fintech. Deal activity decreased year-over-year (1 deal in the last 12 months vs 2 prior). Their most common stage is series-b (40% of deals). Average disclosed round size is $121.0M (across 13 rounds with reported amounts).
Portfolio
9
Fund Size
—
Top Stage
Series B
Last 12 Mo
1
Team
Jim Morrissey
Partner
Marek Skawinski
Portfolio Manager, Partner
Putnam Coes
Chief Operating Officer, Partner
Raj Mundy
Partner
Andy Astheimer
Director of Investor Relations Client Service
Caroline Bean
Investment Analyst
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
 Billd | Series A | $7.3M | Nov 2025 |
 Evernest | Series B | $15M | Jan 2025 |
| Billd | Series B | $17.5M | Oct 2024 |
 Picket | Unknown | $20M | Jun 2023 |
 Freemodel | Series A | $19.5M | Jan 2023 |
| Picket | Series B | $20M | Jan 2023 |
 Poplar Homes | Series B | $53M | Mar 2022 |
| Poplar Homes | Series B | $53M | Jan 2022 |
 Poplar | Series B | $53M | Jan 2022 |
| Picket | Series A | — | Jan 2022 |
 Mission Lane | Series A | $200M | Sep 2019 |
| Mission Lane | Unknown | — | Jan 2019 |
 Offerpad | Series C | $975M | Jan 2019 |
 Renew Financial | Growth | $70M | Feb 2016 |
| Renew Financial | Growth | $70M | Jan 2016 |
Top Co-Investors
Last updated: 20 October 2026