Borro Overview
- Year Founded
-
2008
- Status
-
Acquired/Merged
- Employees
-
21
- Latest Deal Type
-
M&A
- Financing Rounds
-
10
Borro General Information
Description
Provider of an online platform for luxury asset-backed lending intended to provide short and long-term loans. The company's online platform for loans secured against luxury assets including fine art, antiques, jewelry, luxury watches, fine wine, prestige and classic cars and other high-value assets, thereby enabling consumers to benefit from liquidity to seize opportunities or address unplanned events.
Contact Information
Website
www.borro.com(Operating Subsidiary)
Corporate Office
- 110 West 40th Street
- New York, NY 10018
- United States
Corporate Office
- 110 West 40th Street
- New York, NY 10018
- United States
Borro Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Borro Comparisons
Industry
Financing
Details
Borro Competitors (4)
One of Borro’s 4 competitors is iPawn, a Formerly Angel backed company based in Tyler, TX.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| iPawn | Formerly Angel backed | Tyler, TX | ||||
| PawnHero | Venture Capital-Backed | Taguig, Philippines | ||||
| Cebuana Lhuillier | Corporation | Makati City, Philippines | ||||
| M Lhuillier | Corporation | Cebu, Philippines |
Borro Signals
Borro Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Borro FAQs
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When was Borro founded?
Borro was founded in 2008.
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Where is Borro headquartered?
Borro is headquartered in New York, NY.
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What is the size of Borro?
Borro has 21 total employees.
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What industry is Borro in?
Borro’s primary industry is Consumer Finance.
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Is Borro a private or public company?
Borro is a Private company.
-
What is Borro’s current revenue?
The current revenue for Borro is .
-
How much funding has Borro raised over time?
Borro has raised $213M.
-
Who are Borro’s investors?
Augmentum Fintech, Canaan Partners, Eden Ventures, European Founders Fund, and Kreos Capital are 5 of 13 investors who have invested in Borro.
-
Who are Borro’s competitors?
iPawn, PawnHero, Cebuana Lhuillier, and M Lhuillier are competitors of Borro.
-
When was Borro acquired?
Borro was acquired on 12-Feb-2020.
-
Who acquired Borro?
Borro was acquired by Luxury Asset Capital.
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