Prism provides an origination platform that lets employees of pre-IPO technology companies borrow against company equity for personal uses such as home down payments or paying off personal recourse debt. The company launched its origination services following a combined Seed and Series A fundraising of $26 million. Prism focuses exclusively on technology companies valued at $1 billion or higher and aims to help startup workers access a portion of the roughly $2 trillion locked up in private U.S. tech companies. The platform emphasizes a strict underwriting process and competitive rates tailored to current market conditions. Prism has signed multiple agreements to begin originating loans in the coming months and reports a pipeline of over $100 million in loan volume. Leadership includes CEO and co-founder Ari Stiegler, co-founder and COO Noah Friedman, and co-founder Ryan Breslow.

Total raised

$26M

Funding rounds

2

Latest round

Seed

Latest activity

Apr 2023