PeerIQ raises $6M in Seed round

What does PeerIQ do?

PeerIQ, is a credit risk analytics firm which helps institutions analyze, access and manage risks in the peer-to-peer lending sector. This New York based financial information service firm which creates tools for analyzing, accessing and managing the risks in lending sector. PeerIQ pools detailes loan data for providing independent, authoritative analytics and benchmarks which its institutional clients use for pricing the instruments, valuing loan portfolios, developing investment views and for managing risks.

PeerIQ works on a mission to strengthen the peer to peer sector by increasing transparency, enabling good risk management and provides analytics which support better decision making about investments.

How much PeerIQ was funded?

PeerIQ raised $6 M in seed funding on April 9^th, 2015 from the investors Eric Schwartz, Arthur Levitt, Dan Doctoroff, John Mack and Vikram Pandit.

What is next for PeerIQ?

PeerIQ will use the latest fund for further building its risk analytics platform and for growing its institutional investor client base and for its team expansion. PeerIQ’s offerings aims at enhancing the efficiency of the securitization and other transactions backed by assets which will help in the next  phase of Peer to Peer lending.

More about PeerIQ

PeerIQ was founded in 2014 by Ram Ahluwalia, Dan Long and Robert Khedouri. It has its headquarters in New York, NY. It is a financial information services company which creates tools for analyzing, accessing and managing risk in the peer to peer lending sector. It is founded by a team of seasoned capital markets and tech executives. Its analytics platform aggregates industry data from the leading peer to peer platforms and offers experienced credit analytics and independent benchmarks which increase efficiency.

The firm aims at strengthening the peer to peer sector by increasing transparency and improving investment decision making and enables risk management efficiently.