Prosper is America's first peer-to-peer lending marketplace, with more than 2 million members and over $2,000,000,000 in funded loans.

Prosper allows people to invest in each other in a way that is financially and socially rewarding. On Prosper, borrowers list loan requests between $2,000 and $35,000 and individual lenders invest as little as $25 in each loan listing they select. Prosper handles the servicing of the loan on behalf of the matched borrowers and investors.

Prosper Funding LLC is a wholly-owned subsidiary of Prosper Marketplace, Inc.

Prosper Marketplace, Inc. is run by Executive Chairman, Steven Vermut, CEO, Aaron Vermut, and President, Ron Suber. Steve and Aaron Vermut are the founders and former managing partners of Merlin Securities, a prime brokerage service based on cutting-edge technology. Prosper Marketplace, Inc.'s investors include Sequoia Capital and BlackRock.
San Francisco, US
378 (est)-4%

Key People at Prosper

Stephan Vermut

Stephan Vermut

Executive Chairman & Director
Sachin Adarkar

Sachin Adarkar

General Counsel & Secretary & Chief Compliance Officer
Ron Suber

Ron Suber


Prosper Locations

San Francisco, US
Newark, US
Phoenix, US
New York, US

Prosper Metrics

Prosper Summary

Founding Date


Total Funding

$355 M

Latest funding size

$165 M

Time since last funding

over 1 year


Sequoia Capital, Accel Partners, Fidelity Ventures, EricSchmidt, DAG Ventures, QED Investors, BlackRock, Meritech Capital Partners, Benchmark, Crosslink Capital, Passport Capital, BBVA Ventures, Draper Fisher Jurvetson (DFJ), Omidyar Network, TomorrowVentures, CompuCredit, USAA, Breyer Capital, Neuberger Berman Group, SunTrust Bank

Prosper Online Presence

Prosper News

Prosper Company Life