About Prosper
Prosper is a company based in London (United Kingdom) founded in 2021 by Ricky Knox, Phillip Bungey, and Nick Perrett. It operates as a Subscription Services, and Commission-Based. Prosper has raised $9.87 million across 4 funding rounds from investors including Fuel Ventures, Charles Delingpole and MMC Ventures. Prosper offers products and services including The Standard Fund, Pension (SIPP), Stocks & Shares ISA, General Investment Account (GIA), and Cash Savings. Prosper operates in a competitive market with competitors including Moonfare, Mnaara, Apax Global Alpha, Dot Investing and GrowthInvest, among others.
- Headquarter London, United Kingdom
- Founders Ricky Knox, Phillip Bungey, Nick Perrett
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Prosper Savings Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.87 M (USD)
in 4 rounds
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Latest Funding Round
$4.97 M (USD), Series A
Jan 30, 2025
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Investors
Fuel Ventures
& 7 more
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Employee Count
Employee Count
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Products & Services of Prosper
Prosper offers a comprehensive portfolio of products and services, including The Standard Fund, Pension (SIPP), Stocks & Shares ISA, General Investment Account (GIA), and Cash Savings. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A ready-made fund designed for long-term growth potential.
Low-cost pension consolidation with no platform fees offered.
Tax-efficient investment account with over 190 funds available.
Flexible investment account with no deposit limits provided.
Access to over 50 FSCS-protected savings products offered.
Funding Insights of Prosper
Prosper has successfully raised a total of $9.87M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $4.97 million completed in January 2025. 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 4
- Last Round Series A — $5.0M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2025 | Amount | Series A - Prosper | Valuation | Fuel Ventures |
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| Jun, 2024 | Amount | Seed - Prosper | Valuation |
investors |
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| Oct, 2023 | Amount | Seed - Prosper | Valuation | MMC Ventures , Portfolio Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Prosper
Prosper has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Fuel Ventures, Charles Delingpole and MMC Ventures. 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 |
|---|---|---|---|---|
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Multiple sectors are invested in by this venture capital firm.
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Founded Year | Domain | Location | |
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Seed and series-A investments are made in technology companies.
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Founded Year | Domain | Location | |
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Early-stage tech startups are invested in by this angel network.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Prosper
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Prosper
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Prosper Comparisons
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 Moonfare, Mnaara, Apax Global Alpha, Dot Investing and GrowthInvest, 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 |
Online platform for private equity fund investments is provided.
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| domain | founded_year | HQ Location |
Alternative private funds are accessed via an online investment platform.
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| domain | founded_year | HQ Location |
Online platform for public market investors access to private equity funds
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| domain | founded_year | HQ Location |
Alternative investments are curated via web platform for individual investors.
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| domain | founded_year | HQ Location |
Platform for managing alternative investments and tax-efficient portfolios for financial advisers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Prosper
Frequently Asked Questions about Prosper
When was Prosper founded?
Prosper was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Prosper located?
Prosper is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Prosper?
Nick Perrett is the current CEO of Prosper. They have also founded this company.
Is Prosper a funded company?
Prosper is a funded company, having raised a total of $9.87M across 4 funding rounds to date. The company's 1st funding round was a Seed of $3.88M, raised on Jun 01, 2022.
What does Prosper do?
Prosper is engaged in offering wealth management and savings solutions through a digital platform. Services are provided in the financial sector, covering personal pensions, ISAs, general investment accounts, and cash savings products. Investment options are curated with over 190 funds and ETFs, while savings products from trusted UK banks are made accessible with competitive rates. Low or zero platform fees are maintained to ensure cost-effective financial planning for users. The platform is designed to simplify financial management under one trusted app.
Who are the top competitors of Prosper?
Prosper's top competitors include Moonfare, Apax Global Alpha and Mnaara.
What products or services does Prosper offer?
Prosper offers The Standard Fund, Pension (SIPP), Stocks & Shares ISA, General Investment Account (GIA), and Cash Savings.
Who are Prosper's investors?
Prosper has 8 investors. Key investors include Fuel Ventures, Charles Delingpole, MMC Ventures, Michael Kent, and Matt Cooper.