OverviewSuggest Edit

Prosper is a company that provides an online lending platform connecting people who want to borrow money with individuals and institutions that want to invest in consumer credit. The Company handles the servicing of the loan and collects and distributes borrower payments and interest back to the loan investors. Prosper verifies borrowers' identities and selects personal data before funding loans and manages all stages of loan servicing.
TypePrivate
Founded2005
HQSan Francisco, CA, US
Websiteprosper.com
Employee Ratings3.6
Overall CultureC

Latest Updates

Employees (est.) (Jan 2021)390
Revenue (FY, 2019)$153.6 M(+57%)
Cybersecurity ratingBMore

Key People/Management at Prosper

David Kimball

David Kimball

CEO
Usama Ashraf

Usama Ashraf

CFO
Nasos Topakas

Nasos Topakas

CTO
Julie Hwang

Julie Hwang

General Counsel
Kunal Kaul

Kunal Kaul

EVP Operations
Justine Metz

Justine Metz

EVP Marketing
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Prosper Office Locations

Prosper has offices in San Francisco and Phoenix
San Francisco, CA, US (HQ)
221 Main St #300, San Francisco
Phoenix, AZ, US
4127 E Van Buren St
San Francisco, CA, US
San Francisco
Show all (3)

Prosper Financials and Metrics

Summary Metrics

Founding Date

2005

Prosper total Funding

$415.5 m

Time since last funding

3 years ago

Prosper investors

Prosper's latest valuation is reported to be $1.9 b.
View all funding rounds

Prosper Revenue

Prosper's revenue was reported to be $153.57 m in FY, 2019
USD

Revenue (Q1, 2020)

3.2m

Net income (Q1, 2020)

21.1m

Market valuation

1.9b

Cash (31-Mar-2020)

52.8m

EV

2.0b
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

2.2m15.2m81.3m200.8m132.9m113.5m97.9m153.6m

Revenue growth, %

434%147%(34%)(15%)(14%)

Cost of goods sold

1.2m2.1m

Gross profit

942.8k13.2m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

432.0k604.8k1.3m4.1m9.3m16.5m25.1m30.9m48.7m58.0m55.5m27.1m22.9m30.1m30.5m28.2m28.0m30.0m28.2m30.1m33.9m32.5m3.2m

Cost of goods sold

293.2k303.0k335.6k508.0k525.0k767.0k1.4m

Gross profit

138.8k301.8k989.6k3.6m8.8m15.7m23.7m

Gross profit Margin, %

32%50%75%88%94%95%94%
USDQ2, 2011

Financial Leverage

3.4 x
Show all financial metrics

Prosper Operating Metrics

Prosper's Total Loans was reported to be $3.7b in Y, 2015.
Y, 2013Y, 2014Y, 2015

Total Loans

$750 m$2.50 b$3.70 b
Show all operating metrics

Prosper Acquisitions / Subsidiaries

Company NameDateDeal Size
Prosper DailySeptember 23, 2015
American HealthCare LendingJanuary 27, 2015$21 m

Prosper Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

Prosper Online and Social Media Presence

Embed Graph

Prosper Company Culture

  • Overall Culture

    C

    69/100

  • CEO Rating

    C+

    72/100

  • Compensation

    B

    75/100

  • Diversity

    D+

    61/100

Learn more on Comparably

Prosper News and Updates

Prosper Gold Appoints VP Exploration

VANCOUVER, British Columbia, Dec. 30, 2020 (GLOBE NEWSWIRE) -- Prosper Gold Corp. ("Prosper Gold" or the "Company") (TSXV:PGX) is pleased to announce it has appointed Mr. Rory Ritchie, P.Geo., to Vice President – Exploration. Dirk Tempelman-Kluit is stepping down as Vice President – Exploration ef…

Gynecological Devices Market to Prosper on Back of Rising Global Burden of Gynecological Disorders, Valuation to Touch US$ 25,267.43 Mn by 2027: TMR

ALBANY, N.Y., Dec. 24, 2020 /PRNewswire/ -- Gynecological diseases are the primarily the diseases that involve women's reproductive system. Globally, these have a high burden and also mortality, such as the prevalence of endometrium cancer and cervical cancer. Sexually transmitted disease...

Prosper Gold Corp. Closes $5.5M Private Placement

VANCOUVER, British Columbia, Dec. 22, 2020 (GLOBE NEWSWIRE) -- Prosper Gold Corp. ("Prosper Gold" or the "Company") (TSXV:PGX) announces that it has completed a non-brokered private placement of 6,111,111 units of the Company (the “Units”) at a price of $0.90 per Unit for gross proceeds to the Com…

Prosper Gold Corp. Announces Private Placement

VANCOUVER, British Columbia, Dec. 08, 2020 (GLOBE NEWSWIRE) -- Prosper Gold Corp. ("Prosper Gold" or the "Company") (TSXV:PGX) announces that it intends to offer, on a non-brokered private placement basis, up to 6,111,111 units of the Company (the “Units”) at a price of $0.90 per Unit (the “Issue …

Peer-to-Peer Lending 2018 Global Market Key Players - Peerform, Funding Circle Limited, Prosper Marketplace, Inc., Zopa Limited, CommonBond Inc., Upstart Network Inc.......

Peer-to-Peer Lending – Global Market Growth, Opportunities, Analysis of Top Key Players and Forecast to 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday

Prosper Blogs

11 Financial New Year’s Resolutions for 2021

As you make your annual commitment to start eating better and working out more, consider tackling your financial wellness, too, with these 11 financial New Year’s resolutions. From spending and budgeting to saving and learning, each of the new year money resolutions below could go a long way in impr…

Prosper Performance Update – December 2020

Prosper’s Monthly Performance Updates are designed to help our investor community understand performance trends on the Prosper Platform. In December, approximately 83% of originations were rated AA-B, compared to 84% in the prior month. The post Prosper Performance Update – December 2020 appeared fi…

How to Get a Home Equity Line of Credit with a Co-Applicant

If you’re a homeowner, you may have wondered how to get a home equity line of credit to access the equity in your home. While some may think that equity guarantees you access to a home equity line of credit, or HELOC, it does not mean you qualify for one. Learn more about what a […] The post How to …

5 Clever Ways to Boost Your Personal Loan Approval Chances

There may come a time when you need to borrow money. Whether it’s in a few months or a few years, boosting your personal loan approval chances now may pay dividends later.  Maybe you’ll be buying a car, consolidating credit card debt, or making home improvements. Whatever your goal, personal loan ap…

How to Evaluate Your Financial Health in 5 Steps

Financial health doesn’t need to be an abstract concept. And, if you ask us, it shouldn’t be. Like taking care of your body and mind, financial well-being isn’t exclusively for the rich. It’s true, you can check up on your financial health and take steps to improve it starting today. Why Is It Impor…

Retirement Strategies: 3 Ways to Use a HELOC During Retirement

Conventional wisdom says that entering retirement with no debt is the goal when it comes to retirement strategies. Sure, that may be possible for some people, but there are other retirement strategies to consider should you find yourself in a different spot during your golden years.  Before we get i…
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Prosper Frequently Asked Questions

  • When was Prosper founded?

    Prosper was founded in 2005.

  • Who are Prosper key executives?

    Prosper's key executives are David Kimball, Usama Ashraf and Nasos Topakas.

  • How many employees does Prosper have?

    Prosper has 390 employees.

  • What is Prosper revenue?

    Latest Prosper annual revenue is $153.6 m.

  • What is Prosper revenue per employee?

    Latest Prosper revenue per employee is $393.8 k.

  • Who are Prosper competitors?

    Competitors of Prosper include SoFi, Avant and Lending Club.

  • Where is Prosper headquarters?

    Prosper headquarters is located at 221 Main St #300, San Francisco, San Francisco.

  • Where are Prosper offices?

    Prosper has offices in San Francisco and Phoenix.

  • How many offices does Prosper have?

    Prosper has 3 offices.