Prosper Marketplace Secures $1,000,000 New Financing Round

  • Feed Type
  • Date
    11/10/2009
  • Company Name
    Prosper Marketplace
  • Mailing Address
    111 Sutter Street 22nd Floor San Francisco, CA 94104
  • Company Description
    Prosper, America’s first people-to-people lending marketplace, was created to make consumer lending more financially and socially rewarding for everyone.
  • Website
    http://www.prosper.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Companies like Prosper allow individuals to make loans to each other online. Users post requests for loans of between $1,000 and $25,000, with the maximum interest rate they’re willing to pay, as well as the personal history behind the loan.
  • M&A Terms
  • Venture Investor
    Undisclosed