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 Ratings3.4
Overall CultureC

Latest Updates

Employees (est.) (May 2021)394(+2%)
Job Openings16
Revenue (FY, 2020)$103.2 M(-32%)
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 $103.24 m in FY, 2020
USD

Revenue (Q1, 2021)

33.1m

Net income (Q1, 2021)

(44.9m)

Market valuation

1.9b

Cash (31-Mar-2021)

53.1m

EV

2.0b
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

2.2m15.2m81.3m200.8m132.9m113.5m97.9m153.6m103.2m

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, 2020Q1, 2021

Revenue

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

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$2.5 b$3.7 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

87/100

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 Mobilizes Field Crews to Site in Preparation for the Phase 1 10,000-meter Diamond Drill Program – Golden Sidewalk, Red Lake, ON

VANCOUVER, British Columbia, May 11, 2021 (GLOBE NEWSWIRE) -- Prosper Gold Corp. ("Prosper Gold" or the "Company") (TSXV:PGX) is pleased to announce that crews are on site in preparation for the 10,000-meter phase 1 diamond drill program at the Golden Sidewalk Project (the “Project”) in the Birch-…

Prosper Gold Receives Permits for 10,000 Metres of Drilling at Golden Sidewalk Project – Red Lake, ON

VANCOUVER, British Columbia, April 13, 2021 (GLOBE NEWSWIRE) -- Prosper Gold Corp. ("Prosper Gold" or the "Company") (TSXV:PGX) is pleased to announce it has received all exploration permits required for the 2021 Phase 1 10,000 metre diamond drilling program at the Golden Sidewalk Project (the “Pr…

Prosper Gold Announces Commencement of Trading on the OTCQX Under the Symbol PGXFF

VANCOUVER, British Columbia, March 18, 2021 (GLOBE NEWSWIRE) -- Prosper Gold Corp. ("Prosper Gold" or the "Company") (TSXV:PGX) (OTCQX: PGXFF) is pleased to announce that it has qualified to trade on the OTCQX® Best Market, a top-tier public market in the United States, and its common shares are n…

Adaptability Makes It Possible For Drone Safety Startup To Prosper In The New Normal

To thrive in the new normal, companies will have to look forward to new partners and new ways of doing business. There’s no going back to pre-pandemic days.

Prosper Gold Continues Golden Sidewalk Option – Red Lake, ON

VANCOUVER, British Columbia, Jan. 27, 2021 (GLOBE NEWSWIRE) -- Prosper Gold Corp. ("Prosper Gold" or the "Company") (TSXV:PGX) is pleased to announce that it has fulfilled the 6-month anniversary obligations of the previously announced option agreement for the Golden Sidewalk and Skinner Gold prop…

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…
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Prosper Blogs

Prosper Digital HELOC Now Available for California Residents

Applying for a HELOC has traditionally been a cumbersome process involving a lot of paperwork, long wait times, and trips to the bank. That’s why Prosper partnered with BBVA to create a digital HELOC experience. A HELOC through Prosper lets consumers complete their application online in minutes in o…

The COVID Vaccine and Travel: What You Need to Know

For the first time in over a year, travel is beginning to look like a real possibility now that millions of Americans have already received their COVID vaccine. The U.S. has now reached the 50% inoculation milestone for adults, meaning it’s safer to hit the road or take to the air for a vacation dur…

Prosper Performance Update – April 2021

Prosper’s Monthly Performance Updates are designed to help our investor community understand performance trends on the Prosper Platform. The post Prosper Performance Update – April 2021 appeared first on Prosper Blog.

Private Student Loan Relief: How to Manage Student Loan Debt During COVID

Since the federal government reacted to the arrival of COVID in early 2020 and to the rampant unemployment and financial strife that followed, more than 20 million people with student loan debt have been allowed to pause their payments. President Biden even extended this postponement of payments thr…

Prosper named a 2021 “Best Place to Work in the Bay Area”

We are pleased to announce that the San Francisco Business Times and Silicon Valley Business Journal recognized Prosper as a 2021 Bay Area Best Places to Work for medium-sized companies. The annual awards shine the spotlight on 125 local companies whose employees rate them as exceptional. “This awar…

Home Equity Loan vs Line of Credit Pros and Cons

Using the equity in your home to pay for substantial renovations on your property or consolidate debt could be a great option for many homeowners. How you access this equity, however, depends on your specific financial situation and needs. To help you make the right decision, we’re discussing home e…
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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 394 employees.

  • What is Prosper revenue?

    Latest Prosper annual revenue is $103.2 m.

  • What is Prosper revenue per employee?

    Latest Prosper revenue per employee is $262 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.