Prosper Overview
- Year Founded
-
2005
- Status
-
Private
- Employees
-
492
- Latest Deal Type
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2ndary - Private
- Investors
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14
Prosper General Information
Description
Developer of a peer-to-peer lending platform designed for facilitating personal loans and investments. The company's platform connects creditworthy borrowers with investors, offering a range of financial including personal loans, credit cards, and home equity lines of credit, enabling individuals to consolidate debt, finance home improvements, cover healthcare costs, and improve their financial well-being.
Contact Information
Website
www.prosper.comCorporate Office
- 221 Main Street
- Suite 300
- San Francisco, CA 94105
- United States
Corporate Office
- 221 Main Street
- Suite 300
- San Francisco, CA 94105
- United States
Prosper Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 19. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 18. Debt - General | 14-Nov-2022 | Completed | Generating Revenue | |||
| 17. Later Stage VC | 01-Jan-2021 | Completed | Generating Revenue | |||
| 16. Debt - PPP | 15-Apr-2020 | Completed | Generating Revenue | |||
| 15. Later Stage VC (Series G) | 20-Sep-2017 | Completed | Generating Revenue | |||
| 14. Later Stage VC (Series F) | 27-Feb-2017 | Completed | Generating Revenue | |||
| 13. Later Stage VC (Series E2) | Completed | Generating Revenue | ||||
| 12. Secondary Transaction - Private | 01-Jan-2016 | Completed | Generating Revenue | |||
| 11. Secondary Transaction - Private | 29-Jun-2015 | $13M | $361M | Completed | Generating Revenue | |
| 10. Later Stage VC (Series D) | 08-Apr-2015 | $165M | $361M | Completed | Generating Revenue |
Prosper Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series G | ||||||||
| Series F | ||||||||
| Series E2 | ||||||||
| Series E1 | ||||||||
| Series D | ||||||||
| Series C | ||||||||
| Series B | ||||||||
| Series A1 | 24,760,915 | $0.010000 | $0 | $2 | 1x | $0.2 | 0% | |
| Series A | 68,558,220 | $0.010000 | $0.29 | $0.29 | 1x | $0.29 | 10.83% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Prosper Comparisons
Industry
Financing
Details
Prosper Competitors (43)
One of Prosper’s 43 competitors is Avant (Financial Software), a Private Equity-Backed company based in Chicago, IL.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Avant (Financial Software) | Private Equity-Backed | Chicago, IL | ||||
| Social Finance | Formerly VC-backed | San Francisco, CA | ||||
| RateSetter | Formerly VC-backed | London, United Kingdom | ||||
| OppFi | Corporate Backed or Acquired | Chicago, IL | ||||
| WeLab Holdings | Venture Capital-Backed | Shenzhen, China |
Prosper Patents
Prosper Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-11900110-B2 | Increasing user interaction with deep learning agent | Active | 19-Mar-2021 | ||
| US-20220300283-A1 | Increasing user interaction with deep learning agent | Active | 19-Mar-2021 | ||
| US-11621931-B2 | Personality-profiled language modeling for bot | Active | 11-Mar-2020 | ||
| US-20210288926-A1 | Personality-profiled language modeling for bot | Active | 11-Mar-2020 | ||
| US-11886816-B2 | Bot dialog manager | Active | 25-Feb-2020 | G06F40/284 |
Prosper Signals
Prosper Investors (14)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Agnostic Ventures | Venture Capital | Minority | ||
| Avant Global | Asset Manager | Minority | ||
| Cloud Toronto Venture Capital | Venture Capital | Minority | ||
| Corner Capital Management | Venture Capital | Minority | ||
| Angel (individual) | Minority |
Prosper Acquisitions (2)
Prosper’s most recent deal was a Merger/Acquisition with Prosper Daily for . The deal was made on 10-Aug-2015.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Prosper Daily | 10-Aug-2015 | Merger/Acquisition | Financial Software | ||
| American HealthCare Lending | 27-Jan-2015 | Merger/Acquisition | Other Healthcare Services |
Prosper Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Prosper Depositor | San Francisco, CA |
Prosper FAQs
-
When was Prosper founded?
Prosper was founded in 2005.
-
Where is Prosper headquartered?
Prosper is headquartered in San Francisco, CA.
-
What is the size of Prosper?
Prosper has 492 total employees.
-
What industry is Prosper in?
Prosper’s primary industry is Consumer Finance.
-
Is Prosper a private or public company?
Prosper is a Private company.
-
What is Prosper’s current revenue?
The current revenue for Prosper is .
-
How much funding has Prosper raised over time?
Prosper has raised $680M.
-
Who are Prosper’s investors?
Agnostic Ventures, Avant Global, Cloud Toronto Venture Capital, Corner Capital Management, and are 5 of 14 investors who have invested in Prosper.
-
Who are Prosper’s competitors?
Avant (Financial Software), Social Finance, RateSetter, OppFi, and WeLab Holdings are some of the 43 competitors of Prosper.
Data Transparency
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