• FOUNDING YEAR: 2014
    LOCATION:
    United States
    REGION:
    NY
    Last Update:
    27 Jun, 2019

Description

FOCUS

PRODUCTS & SERVICES:
P2P Lending. Helps borrowers to get access to the suitable lenders.
EXISTING PARTNERSHIPS:
New York Institute of Finance. Avant, Backed, Lendingclub, Lightstream, Pave, Proper, Rise, Sofi, Upstart, Vouch - Lending platforms for the borrowers.
COMMENT
Borrowers - Gain access to multiple lending platforms available and uses non credit score approach for rating the borrowers. Investors - Continued supply of borrowers looking for capital.

PEOPLE

FOUNDERS:
Phill Rosen, Ian Rosen, Jarid Maged
Board Members and Advisors:
Jeff Stewart, Matthew Burton, Ron Suber
NUMBER OF EMPLOYEES:
1-10
INVESTORS:
GreatPoint Ventures, Goldman Sachs, Canaan Partners, FPrime Capital Partners, Lerer Hippeau Ventures, Plug and Play Tech Center, Arab Angel, ValueStream Ventures, American Express Ventures, Conversion Capital, Social Leverage, Brooklyn Bridge Ventures, ValueStream Labs, Jacob Gibson, Jason Owen
KEY EMPLOYEES:
Phillip Rosen (CEO)

TRACTION

VALUATION / MARKET CAP:
$18.67 MM in 2015

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$25 Millions
DATE OF LAST FUNDING:
Aug 2018
TOTAL FUNDING COMMENT:
The company will use the funds to accelerate its growth and tackle new product verticals, which includes deposits, credit cards, and mortgages. (Aug. 2018)
SEED & PRIOR FUNDING:
$6.2 Millions
SEED CLOSED ON:
Jun 2015
FUNDING SERIES:
SERIES A
$22.1 Millions Closed: Aug 2018
LISTED:
NO

LATEST RESEARCH