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, US
Websiteprosper.com
Employee Ratings3.3
Culture scoreC

Latest Updates

Employees (est.) (May 2020)406(-2%)
Job Openings2
Revenue (FY, 2019)$153.6 M(+57%)

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, US (HQ)
221 Main St #300, San Francisco
Phoenix, US
4127 E Van Buren St
San Francisco, US
San Francisco
Show all (3)

Prosper Financials and Metrics

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%
USDY, 2020

EV/CFO

-107.3 x

Revenue/Employee

7.8k

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 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

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 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 406 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 $378.3 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.