On Deck Capital, a US-based online fundraising platform for small companies, has raised $15m in its series C round, led by SAP Ventures.

SAP Ventures, the corporate venturing unit of Germany-based software company SAP, has led its first deal since raising a $350m fund from its parent.

On Deck Capital, a US-based online fundraising platform for small companies with a slogan of "free tools and free financing insights" (pictured), has raised $15m in its series C round. SAP Ventures, which has posted managing director David Hartwig to On Deck’s board, was joined in the C round by venture capital firms Contour Venture Partners,…