Prosper

San Francisco, United States Founded: 2005 • Age: 21 yrs
Peer-to-peer lending platform connecting borrowers and investors.
Annual revenue - Latest available
Total funding $414.3M 17 rounds
Employees - Tracked headcount
Investors 33 Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

About Prosper

Prosper is a company based in San Francisco (United States) founded in 2005. Prosper has raised $414.29 million across 17 funding rounds from investors including Goldman Sachs, Deutsche Bank and J P Morgan. Prosper has completed 2 acquisitions, including BillGuard and Prosper Healthcare. Prosper offers products and services including Personal Loans, Credit Card, Home Equity Products, and Investments. Prosper operates in a competitive market with competitors including LendingPoint, Lendable, OneBlinc, Dharma and LendStreet, among others.

  • Headquarter San Francisco, United States
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Prosper Marketplace, Inc.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $414.29 M (USD)

    in 17 rounds

  • Latest Funding Round
    $75 M (USD), Debt – Conventional

    Nov 17, 2022

  • Investors
    Goldman Sachs

    & 32 more

  • Employee Count
    Not available
  • Investments & Acquisitions
    BillGuard

    & 1 more

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Products & Services of Prosper

Prosper offers a comprehensive portfolio of products and services, including Personal Loans, Credit Card, Home Equity Products, and Investments.

Product name locked
Category locked
Primary

Loans for debt consolidation and home improvements up to $50,000.

Product name locked
Category locked
Locked

Unsecured card for building credit with up to $3,000 limit.

Product name locked
Category locked
Locked

Lines of credit and loans up to $500,000 against home equity.

Product name locked
Category locked
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Opportunities to invest in personal loans for portfolio diversification.

People of Prosper

Headcount 500-1000
Employee Profiles 155
Employee Profiles
People
Usama Ashraf
President & CFO
People
Ted Buell
General Counsel & Chief Compliance Officer
People
Flora Li
Senior Manager, Credit Risk Analytics, Card
People
Sherilyn Lavarias
Desktop Support Engineer

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Funding Insights of Prosper

Prosper has successfully raised a total of $414.29M across 17 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $75 million completed in November 2022. 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.

Investors in Prosper

Prosper has secured backing from 33 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, Deutsche Bank and J P Morgan.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Secondary market fund focused on LP and direct secondary transactions
Locked Locked Locked
Startup accelerator focused on Financial Services sector
Locked Locked Locked
Investments in life sciences, technology, healthtech, and crypto sectors from global locations.
Locked Locked Locked
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Investor details for Prosper

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Prosper

Prosper has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include BillGuard and Prosper Healthcare.

Investments
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Investment portfolio details for Prosper

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
People-powered antivirus for bills.
Locked Locked 2010 Locked
Patient financing is offered for elective medical procedures.
Locked Locked 2009 Locked
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Complete acquisition details for Prosper

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Prosper

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Detailed financials for Prosper

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Prosper Comparisons

Prosper Primary company
Description
Peer-to-peer lending platform connecting borrowers and inves...
Location
San Francisco, United States
Founded Year
2005
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Prosper

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
  • Funding comparison
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Competitors of Prosper

Prosper 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 LendingPoint, Lendable, OneBlinc, Dharma and LendStreet, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Personal loans are facilitated through an online marketplace platform.
Locked Locked Locked
Personal loans are enabled via an online P2P marketplace.
Locked Locked Locked
Loans are facilitated for federal employees via an online marketplace.
Locked Locked Locked
Global lending is enabled through blockchain records and credit checks.
Locked Locked Locked
Debt refinancing is enabled online for accredited investors by invitation.
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Detailed competitors of Prosper

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Prosper

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Complete news archive for Prosper

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Prosper

Prosper was founded in 2005.

Prosper is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

David Kimball is the current CEO of Prosper.

Prosper is a funded company, having raised a total of $414.29M across 17 funding rounds to date.

Founded in 2005 in San Francisco, United States, Prosper operates as a peer-to-peer lending marketplace in the fintech sector. Loan requests ranging from 2,000 to 35,000 are listed by borrowers, while investors fund selected listings starting at 25 per loan. Servicing of matched loans is handled by the platform, which also provides personal loans for business purposes. Over 5 billion in loans had been disbursed by February 2016.

Prosper's top competitors include Lendable, LendingPoint and OneBlinc.

Prosper offers Personal Loans, Credit Card, Home Equity Products, and Investments.

Prosper has made 2 acquisitions, including BillGuard, and Prosper Healthcare.

Prosper has 33 investors. Key investors include Goldman Sachs, Deutsche Bank, J P Morgan, Morgan Stanley, and Atlanticus Holdings.

The valuation of Prosper is $550M as of Sep 2017.

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