About Peerform
Peerform is a company based in New York (United States) founded in 2010 was acquired by Versara Lending in November 2016.. Peerform has raised $1 million across 2 funding rounds from investors including Versara Lending. Peerform operates in a competitive market with competitors including Prosper, LendingPoint, Lendable, OneBlinc and Dharma, among others.
- Headquarter New York, United States
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$1 M (USD)
in 2 rounds
-
Latest Funding Round
$1 M (USD), Seed
Apr 08, 2014
- Investors
-
Employee Count
Employee Count
-
Acquired by
Versara Lending
(Nov 15, 2016)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Peerform
Peerform has successfully raised a total of $1M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in April 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $1.0M
-
First Round
First Round
(04 Apr 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2014 | Amount | Seed - Peerform | Valuation |
investors |
|
| Apr, 2014 | Amount | Debt – Conventional - Peerform | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Peerform
Peerform has secured backing from 1 investor. Prominent investors backing the company include Versara Lending. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Offers affordable loans for debt negotiation and consolidation to help clients manage finances.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Peerform
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Peerform
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Peerform Comparisons
Competitors of Peerform
Peerform operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Prosper, LendingPoint, Lendable, OneBlinc and Dharma, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Peer-to-peer lending platform connecting borrowers and investors.
|
|
| domain | founded_year | HQ Location |
Personal loans are facilitated through an online marketplace platform.
|
|
| domain | founded_year | HQ Location |
Personal loans are enabled via an online P2P marketplace.
|
|
| domain | founded_year | HQ Location |
Loans are facilitated for federal employees via an online marketplace.
|
|
| domain | founded_year | HQ Location |
Global lending is enabled through blockchain records and credit checks.
|
|
| domain | founded_year | HQ Location |
Debt refinancing is enabled online for accredited investors by invitation.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Peerform
When was Peerform founded?
Peerform was founded in 2010 and raised its 1st funding round 4 years after it was founded.
Where is Peerform located?
Peerform is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Peerform a funded company?
Peerform is a funded company, having raised a total of $1M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $800K, raised on Apr 04, 2014.
What does Peerform do?
Founded in 2010 and headquartered in New York, United States, Peerform operates as a peer-to-peer lending platform in the fintech sector. Personal loans with fixed rates and 3-year terms, ranging from 1,000 to 25,000, are listed by borrowers and funded by investors. Investors select target returns to construct diversified portfolios. Leadership is provided by Gregg M. Schoenberg as Executive Chairman.
Who are the top competitors of Peerform?
Peerform's top competitors include Lendable, Prosper and LendingPoint.
Who are Peerform's investors?
Peerform has 1 investor. Key investors include Versara Lending.