PeerIQ Raises $2.5M

What does PeerIQ do?

PeerIQ, is a financial services company which connects peer to peer lending to the capital markets by aiding the institutional investors analyze, access and manage risk. this financial info service company is creating tools for analyzing access and managing risk in the peer to peer lending sector. The company pools detailed loan data for providing independent analytics, authoritative and benchmarks which its institutional clients use for pricing instruments, developing investment views, value loan portfolios and manage risk. The company aims to strenghten the peer to peer lending sector by hiking its transparency, enabling efficient risk managment and providing analytics which support better decisions taking in investments.

How much PeerIQ was funded?

PeerIQ raised $2.5M in Seed round on September 14, 2015 from Fenway Summer Ventures, The Uprising Creative, John Mack and Victory Park Capital

Previous funding

• $6Min Seed round on April 9, 2015 from John Mack (Lead), Dan Doctoroff, Vikram Pandit, Arthur Levitt and Eric Schwartz

What is next for PeerIQ?

PeerIQ’s latest funding follows the company’s receipt of $6M in seed round in April from many tech investors and leading capital markets. The company plans to use the funding for accelerating its main growth initiatives which are growing its institutional investor client base, continuing development of new features for its risk analytics platform and to hire more tech and client delivery talent. This investment in the company from its core customer is a validation of its product.

More about PeerIQ

PeerIQ was founded in 2014 by Dan Long, Robert Khedouri and Ram Ahluwalia. It has its headquarters in New York, NY. The company was founded by a team of seasoned capital markets and tech executives. The company aims to strengthen the peer to peer sector by increasing transparency, improving the investment decision making, and helsp in efficient risk managment.