# Borro

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/borro

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.borro.com
- Total disclosed funding: $4.5M
- Latest round: Series A (Oct 10, 2008)
- Investors on record: 2

## About

Founded in 2008 and based in New York, US, Borro Limited operates as an online platform that offers consumer loans secured with property and luxury assets, partnering with various financial advisors and wealth managers, attorneys, accountants, business managers, insurance agencies, family office managers, loan brokers and agents, and real estate professionals. In April 2016, Borro Limited raised GBP 5.6 million in venture funding from unspecified investors. As of 2023, the company is led by its CEO, Dewey Burke.

The company provides a range of loan options to individuals and businesses, leveraging luxury assets as collateral, such as jewellery, fine arts, precious metals, luxury handbags, and wines. Their loan products include collateral loans, personal and business credit lines, inventory loans, and additional financing solutions.

The company generates revenue by charging interests for the loan amount.

## Funding rounds

- Series A, Oct 10, 2008, $4.5M — Eden Ventures, Rocket Internet SE

## Investors

- Eden Ventures — Series A
- Rocket Internet SE (https://capitalatlas.ai/funds/rocket-internet-se) — Series A