PeerIQ

New York, United States Founded: 2014 • Age: 12 yrs Acquired By Cross River
Risk management tools are provided for P2P lending platforms.
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About PeerIQ

PeerIQ is a company based in New York (United States) founded in 2014 was acquired by Cross River in June 2021.. PeerIQ has raised $20.5 million across 3 funding rounds from investors including TransUnion, Cross River and Morgan Stanley. PeerIQ operates in a competitive market with competitors including OpenGamma, Realeyes, Moody's Analytics, Encompass and Middesk, among others.

  • Headquarter New York, United States
  • Sectors
    Financial Services
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $20.5 M (USD)

    in 3 rounds

  • Latest Funding Round
    $12 M (USD), Series A

    Aug 02, 2017

  • Investors
    TransUnion

    & 7 more

  • Employee Count
    Employee Count
  • Acquired by
    Cross River

    (Jun 23, 2021)

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People of PeerIQ
Headcount 10-50
Employee Profiles 5
Employee Profiles
People
Ece Firat
Executive Assistant
People
Fabrizio Tiso
General Manager
People
Ross Mangan
Senior Technical Product Manager
People
Laura Mun
Engineering

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Funding Insights of PeerIQ

PeerIQ has successfully raised a total of $20.5M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in August 2017. 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 Rounds 3
  • Last Round Series A — $12.0M
  • First Round

    (09 Apr 2015)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2017 Amount Series A - PeerIQ Valuation TransUnion
Sep, 2015 Amount Seed - PeerIQ Valuation Victory Park Capital Advisors , Fenway Summer Ventures
Apr, 2015 Amount Seed - PeerIQ 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 PeerIQ

PeerIQ has secured backing from 8 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include TransUnion, Cross River and Morgan Stanley. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Blank check and private debt firm focused on multiple sectors
Founded Year Domain Location
Tech focused Early stage VC Firm investing in the US
Founded Year Domain Location
Provider of credit scoring data for consumers and businesses
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 PeerIQ

Investments
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 - PeerIQ

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Peeriq Comparisons

Employees
+
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Competitors of PeerIQ

PeerIQ 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 OpenGamma, Realeyes, Moody's Analytics, Encompass and Middesk, 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
SaaS-based solutions for derivatives risk analytics are provided.
domain founded_year HQ Location
AI-powered attention measurement and identity verification solutions are provided.
domain founded_year HQ Location
Risk management software is supplied for insurance and various sectors.
domain founded_year HQ Location
Corporate Digital Identity and KYC solutions are provided by Encompass.
domain founded_year HQ Location
Risk management solutions for financial institutions are offered.
domain founded_year HQ Location
Data processing tasks are automated via AI-driven management solutions.
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.

Latest news on Peeriq

Frequently Asked Questions about PeerIQ

When was PeerIQ founded?

PeerIQ was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is PeerIQ located?

PeerIQ is headquartered in New York, United States. It is registered at New York, New York, United States.

Is PeerIQ a funded company?

PeerIQ is a funded company, having raised a total of $20.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $6M, raised on Apr 09, 2015.

What does PeerIQ do?

PeerIQ is a New York-based financial information services company which provides tools to analyse, access and manage risk in the P2P lending sector. It pools detailed loan data to provide independent analytics and benchmarks that institutional clients can use to price instruments, value loan portfolios, develop investment views, and manage risk. The main features of its products are: 1. Historical analysis: analysis for risk and return metrics by region, vintage, grade and originator; 2. Forecasting: stress test for loans and portfolios, performance across historical and user-defined scenarios; 3. Benchmarks: short-dated P2P moves and benchmarks for price, risk management and settlement; 4. Researche: macro views on P2P loan market, correlation with other credit assets and trend analysis. Its investors are John Mack, Vikram Pandit, Arthur Levitt, Dan Doctoroff and Eric Schwartz.

Who are the top competitors of PeerIQ?

PeerIQ's top competitors include Encompass, Middesk and Indico Data.

Who are PeerIQ's investors?

PeerIQ has 8 investors. Key investors include TransUnion, Cross River, Morgan Stanley, Macquarie Group, and Hearst.

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