Funding Received
$189.9 Million in 10 Rounds from 17 Investors
Most Recent Funding
$70 Million Private Equity on May 4, 2014
Headquarters:
San Francisco, CA
Description:
Prosper is a peer-to-peer lending marketplace, allowing people to invest in each other in a financially and socially beneficial way.
Founders:
Chris Larsen, John Witchel
Categories:
Marketplaces, Credit, Personal Finance, Peer-to-Peer, Crowdfunding, Finance
Website:
http://www.prosper.com

Company Details

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Founded:
February 1, 2006
Employees:
13 in CrunchBase

Prosper is America's first peer-to-peer lending marketplace, with more than 2.2 million members and over $1,000,000,000 in funded loans.

Prosper allows people to invest in each other in a way that is financially and socially rewarding. On Prosper, borrowers list loan requests between $2,000 and $35,000 and individual lenders invest as little as $25 in each loan listing they select. In addition to credit scores, ratings, and histories, investors can consider borrowers' personal loan descriptions, endorsements from friends, and community affiliations. Prosper handles the servicing of the loan on behalf of the matched borrowers and investors.

Prosper Marketplace, Inc. is run by CEO, Aaron Vermut, President Ron Suber, and Executive Chairman Steve Vermut. Steve and Aaron Vermut are the founders and former managing partners of Merlin Securities, a prime brokerage service based on cutting-edge technology. Prosper Marketplace, Inc.’s investors include Sequoia Capital and BlackRock.

Prosper Marketplace, Inc. is using the Prosper logo and brand with the permission of its wholly-owned subsidiary, Prosper Funding LLC.

Investments (1)

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Products (1)

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  • Ip0uh98havjqyzbbfbih

    Prosper

    Prosper was launched in 2006

Offices/Locations (1)

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  • Headquarters

    101 2nd Street

    15th Floor

    San Francisco, CA 94105

    USA

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Images (2)

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