Boro Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 30

Employees

  • Latest Deal Type
  • M&A

Boro General Information

Description

Developer of a lending platform intended for college students. The company's platform specializes in providing access to convenient and affordable auto loans and personal loans, enabling students to bank smarter in college, keep debt under control and build their financial future from scratch.

Contact Information

Website
borocredit.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Primary Industry
Consumer Finance
Other Industries
Financial Software
Acquirer
Corporate Office
  • 530 West Allegan Street
  • 7th Floor
  • Lansing, MI 48933
  • United States

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Boro Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 00000 Completed Generating Revenue
4. Early Stage VC (Series A) 18-Mar-2020 0000 00000 00000 Completed Generating Revenue
3. Debt - General 01-Jan-2018 00000 00000 Completed Generating Revenue
2. Early Stage VC (Series AA) 01-Jan-2017 $2M $2.37M 0000 Completed Generating Revenue
1. Early Stage VC (Series AA) 01-Feb-2016 $367K $367K 00.000 Completed Generating Revenue
To view Boro’s complete valuation and funding history, request access »

Boro Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series A2 0,000 00.000000 0000 0000 00 0000 00
Series AA2 0,000 00.000000 00 0000 0000 00 0000 0.00
Series A 60,903 $0.001000 4% $80 $80 1x $80 40.72%
To view Boro’s complete cap table history, request access »

Boro Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Boro Former Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Arcadia Funds Lender/Debt Provider Minority 000 0000 000000 0
Evolve Ventures Venture Capital Minority 000 0000 000000 0
Knights Genesis Asset Manager Minority 000 0000 000000 0
Lexin Fintech Corporation Minority 000 0000 000000 0
Sky Saga Capital Venture Capital Minority 000 0000 000000 0
To view Boro’s complete investors history, request access »

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