Prosper Marketplace

company

About

Prosper Marketplace is an online lending platform that connects people who want to borrow money with individuals and institutions.

Details

Last Funding Type
Series D
Last Funding Money Raised
$165M
Industries
Crowdfunding,FinTech,Lending,Marketplace,Personal Finance
Founded date
Jan 1, 2005
Number Of Employee
251 - 500
Operating Status
Active
Legal Name
Prosper Funding LLC
Also Known As
Prosper

Prosper is an online lending platform that connects people who want to borrow money with individuals and institutions. Its platform provides lists of loan requests with low, fixed-rate loans and no hidden fees or prepayment penalties, enabling clients to easily gain access to affordable personal loans and investors to earn solid returns via a data-driven underwriting model.

The company was founded in 2005 and is headquartered in San Francisco, California.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
17
$490.45M
Prosper Marketplace has raised a total of $490.45M in funding over 2 rounds. Their latest funding was raised on Nov 14, 2022 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 14, 2022 Debt Financing $75M 1 Neuberger Berman Group Detail
Jan 1, 2018 Series Unknown 1 Eight Roads Ventures Detail
Sep 22, 2017 Series G $50M 2 Assured Asset Management Detail
Mar 20, 2016 Secondary Market $1.61M 1 SharesPost Investment Management Detail
Apr 30, 2015 Secondary Market 3 Target Global Detail

Investments

Number of Investments
Number of Lead Investments
8
0
Prosper Marketplace has made 8 investments. Their most recent investment was on May 1, 2022, when t2.world raised $3.42M.
Date Company Name
Round Money Raised Industry Lead Investor
May 1, 2022 t2.world
Seed $3.42M Blockchain
Apr 5, 2022 Real Player DAO
Seed $10.20M Cryptocurrency
Dec 15, 2021 Sound
Seed $5M Blockchain
Sep 21, 2021 Prysm
Seed $3M Blockchain
Jul 31, 2020 Prysm
Pre-seed Blockchain

Employee Profiles

Number of Employee Profiles
15
Prosper Marketplace has 15 current employee profiles, including Board member Patrick Grady
Board member
Board member
Board member
Executive
Advisor

Acquisition

Prosper Marketplace has acquired 2 organizations. Their most recent acquisition was American HealthCare Lending on Jan 27, 2015. They acquired American HealthCare Lending for $21M.

Date Company Name
Industry Acquisition Type Price
Finance acquisition $ 21M Detail
Sep 23, 2015 BillGuard
Analytics acquisition Detail