Tech Company Financing Transactions

Prosper Marketplace Funding Round

On 1/22/2013, Prosper Marketplace raised $20 million in financing from Sequoia Capital, Accel Partners and Atlanticus Holdings.

Transaction Overview

Announced On
Transaction Type
Venture Equity

Sequoia Capital (Lead Investor) (Patrick Grady)

Accel Partners (James Breyer)

Atlanticus Holdings

Crosslink Capital (David Silverman)

Omidyar Network

Threshold Ventures (Timothy Draper)

TomorrowVentures (Court Coursey)

Volition Capital (Larry Cheng)

Proceeds Purpose
The company will use the financing to bring new letters to the platform than for sales and marketing initiatives.

Company Information

Company Status
Private & Independent
Mailing Address
221 Main St. 300
San Francisco, CA 94105
Email Address
Prosper, America's first people-to-people lending marketplace, was created to make consumer lending more financially and socially rewarding for everyone.
Prosper Marketplace LinkedIn Company Profile
Social Media
Prosper Marketplace Company Twitter Account
Company News
Prosper Marketplace News
Prosper Marketplace on Facebook
Prosper Marketplace on YouTube

Management Team

Email & Social
Chief Executive Officer
David Kimball
  David Kimball LinkedIn Profile  David Kimball Twitter Account  David Kimball News  David Kimball on Facebook
Chief Financial Officer
Usama Ashraf
  Usama Ashraf LinkedIn Profile  Usama Ashraf Twitter Account  Usama Ashraf News  Usama Ashraf on Facebook
Chief Technical Officer
Nasos Topakas
  Nasos Topakas LinkedIn Profile  Nasos Topakas Twitter Account  Nasos Topakas News  Nasos Topakas on Facebook
VP - General Counsel
Julie Hwang
  Julie Hwang LinkedIn Profile  Julie Hwang Twitter Account  Julie Hwang News  Julie Hwang on Facebook
VP - Human Resources
Jared Brown
  Jared Brown LinkedIn Profile  Jared Brown Twitter Account  Jared Brown News  Jared Brown on Facebook



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Prev: 1/22/2013: Adometry venture capital transaction
Next: 1/22/2013: Radius venture capital transaction


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