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.) (Jul 2021)400
Job Openings22
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

4 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

86/100

SecurityScorecard logo

Prosper Online and Social Media Presence

Embed Graph

Prosper Company Culture

  • Overall Culture

    C+

    69/100

  • CEO Rating

    B

    72/100

  • Compensation

    B

    75/100

  • Diversity

    D

    61/100

Learn more on Comparably

Prosper News and Updates

Heritage Bank rewrites Prosper CRM with Timestar

Australian software development company Timestar has partnered with Heritage Bank to pioneer a significant upgrade of its Prosper CRM software, which has been totally rewritten to meet the demands of the modern work environment.

Live Long and Prosper This Festive Season With Hero Collector's New Star Trek™ Advent Calendar

NEW YORK, June 9, 2021 /PRNewswire/ -- Celebrate every day of the holiday season in true STAR TREK style, with this first-ever and all-conquering STAR TREK Borg Cube Advent Calendar from Hero Collector! Pre-order now at herocollector.com/advent Designed in the shape of the ominous and...

Sign up for the Santander X Global Challenge | Helping Businesses Prosper (Sponsored)

Is your startup or scaleup working on solutions to help SMEs (the main driver of economic growth, job creation and social unity) to digitalize and be more efficient? Then you might be interested in Santander X Global Challenge | Helping Businesses Prosper launched by Banco Santander (through Santand…

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…
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Prosper Blogs

Buying a Home for the First Time: What You Need to Know

Buying a home for the first time is exciting, and it can also be intimidating. It’s an enormous commitment, and the process can seem incredibly complex. However, if you do your research and have a solid team in your corner, buying a home is less complicated than you think!  To help you navigate buyi…

Marriage and Finances: 7 Things You Need to Know

One of the leading causes of marital strife is money. Learning how to share a budget and a bank account can cause more friction than learning how to share a home. So when it comes to marriage and finances, both parties must get on the same page.  From budgeting to taxes to planning for a […] The pos…

Prosper Performance Update – June 2021

Today we are sharing performance data from the Prosper Portfolio for June 2021. Highlights from the report include: Performance Update In June, we implemented the newest credit risk scoring model, PMIX. As a result of PMIX’s implementation, the C-HR rating mix increased to 26%. Rating-mix adjusted a…

Run the Numbers: Is Debt Consolidation Right for You?

Is debt consolidation right for you? During turbulent times like these, facing unsustainable credit and loan payments is a real threat. Even if you scrape together enough money to make the minimum payments, a single emergency can derail you. Even without a crisis, hefty debt can be extraordinarily s…

How to Prepare for a Baby Financially

Getting ready to welcome a new member of the family is both joyous and challenging. There’s so much to learn and prepare for. Not only that, becoming a parent is an expensive endeavor, and many people are unaware of how to prepare for a baby financially. Have no fear, we’re here to break it down […]…

How to Use a Credit Card Responsibly

Credit cards are a powerful financial tool. They offer flexible access to funds, secure payment options, and often include perks such as cashback or frequent flyer miles.  With this much easy access to cash, it’s easy to get in over your head. However, with guidance on how to use a credit card respo…
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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 400 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 $258.1 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.