We believe that people who own luxury assets should be able to borrow against them or sell them with speed, privacy, and impeccable service.
For too many people, much-needed liquidity – required to seize opportunities or address unplanned events – is trapped in these lovely but illiquid luxury assets.
Banks don't provide these loans or purchases – unless you've got several million pounds on deposit. Nor do auction sites, galleries or antique dealers.
Borro does. We make loans and purchases swiftly and store your luxury assets in locations that are used by museums and auction houses.
We will arrange for the collection of your luxury assets or you can bring them yourself to one of our valuation centres for appraisal by one of our experts. They've all spent many years at places like Sotheby's, Christie's and Bonhams.
Company Growth (employees)
Type
Private
HQ
New York, US
Founded
2008
Size (employees)
70 (est)-1%
Borro was founded in 2008 and is headquartered in New York, US

Key People at Borro

Paul Aitken

Paul Aitken

Founder and CEO
Sean Helmes

Sean Helmes

Product Manager
Claire Barrington-Jones

Claire Barrington-Jones

VP of Client Services
Matt Hawksworth

Matt Hawksworth

SVP of Operations
Samantha Lilley

Samantha Lilley

Head of Valuation
Jay Gohil

Jay Gohil

Senior Online Marketing Manager
Ray Palmer

Ray Palmer

Retail Operations Director
Paul Duncan

Paul Duncan

Chief Technical Officer

Borro Office Locations

Borro has office in New York
New York, US

Borro Metrics

Borro Summary

Founding Date

2008

Total Funding

$177.5 m

Latest funding size

$5.9 m

Time since last funding

12 months

Investors

We estimate that Borro's latest funding round in April 2016 was $5.9 m. In total, Borro has raised $177.5 m

Borro Financials

We estimate that Borro's revenue is £1.1 m in FY, 2015
FY, 2015

Revenue

£1.1 m

Cost of sales

£819.8 k

Gross profit

£230.5 k

Gross profit Margin, %

21.9%

Operating expense total

£2.3 m
We estimate that Borro's current employees are approximately 27% female and 73% male.

Borro Online Presence

Borro News

Borro Company Life

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