Prosper is America’s first marketplace lending platform, with more than 2 million members and over $7 billion in funded loans.
Prosper allows people to invest in each other in a way that is financially and socially rewarding. On Prosper, borrowers list loan requests between $2,000 and $35,000 and individual lenders invest as little as $25 in each loan listing they select. Prosper handles the servicing of the loan on behalf of the matched borrowers and investors.
Prosper Funding LLC is a wholly-owned subsidiary of Prosper Marketplace, Inc.
Prosper Marketplace, Inc. is run by CEO, Aaron Vermut; and President, Ron Suber. Prosper Marketplace investors include Sequoia Capital, Francisco Partners, Institutional Venture Partners, and Credit Suisse NEXT Fund.