P2Binvestor is a marketplace lender that offers revolving lines of credit of up to $10M per U.S. B2B borrower, targeting sectors like technology manufacturing, natural foods and other CPG, general manufacturing, media agencies, and personnel firms. Accredited retail and institutional investors fund each line of credit through P2Bi’s proprietary investment platform and earn returns. Since May 2014 the company has funded over $350M in revolving credit, with an average line size of about $1M via approximately 150 accredited investors. The company is projecting $8.2M in revenue this year and expected to be cash-flow positive in 2017. Led by CEO and cofounder Krista Morgan, P2Binvestor plans to expand operations and invest in sales, marketing, and technology using the new funds. P2Binvestor runs an online people-to-business (P2B) marketplace that applies the peer-to-peer lending model to business receivables, offering competitively priced working capital to small businesses. The platform lets investors buy into portfolios of business receivables and earn market-based, asset-backed returns while providing crowdfunding marketing benefits to clients. The company has been providing receivables financing since December 2012 and was founded in early 2012 by Bruce Morgan, Krista Morgan and Todd Mackay. P2Binvestor is headquartered in Denver, Colorado. Management includes CEO Bruce Morgan (a 30-year technology industry veteran), Krista Morgan as chief marketing officer, and Todd Mackay, a former E*TRADE executive with two decades of financial-technology experience. The company positions itself to disrupt the $136 billion receivables finance market and plans to scale its product and operations to meet market demand.

Total raised

$9M

Funding rounds

2

Latest round

Series A

Latest activity

Nov 2016