{"id":3638,"date":"2023-04-11T16:33:13","date_gmt":"2023-04-11T16:33:13","guid":{"rendered":"https:\/\/founderlodge.com\/latest-news\/?p=3638"},"modified":"2023-04-11T16:33:15","modified_gmt":"2023-04-11T16:33:15","slug":"prism-secures-26m-in-seed-and-series-a-funding","status":"publish","type":"post","link":"https:\/\/founderlodge.com\/latest-news\/prism-secures-26m-in-seed-and-series-a-funding\/","title":{"rendered":"Prism Secures $26M in Seed and Series A Funding."},"content":{"rendered":"\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/04\/image-104.png\" alt=\"\" class=\"wp-image-3639\" width=\"239\" height=\"71\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/04\/image-104.png 945w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/04\/image-104-300x89.png 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/04\/image-104-768x228.png 768w\" sizes=\"(max-width: 239px) 100vw, 239px\" \/><\/figure>\n\n\n\n<p><a href=\"https:\/\/prism.co\/\">Prism<\/a>, a Los Angeles-based lending platform tailored to startup tech companies and employees, raised a Series A fundraising round of $26 million co-led by <a href=\"https:\/\/panteracapital.com\/\">Pantera Capital<\/a> and <a href=\"https:\/\/human.capital\/\">Human Capital<\/a>. The funds will be used to accelerate growth, expand operations, and broaden the company&#8217;s reach.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"935\" height=\"545\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/04\/image-105.png\" alt=\"\" class=\"wp-image-3640\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/04\/image-105.png 935w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/04\/image-105-300x175.png 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/04\/image-105-768x448.png 768w\" sizes=\"(max-width: 935px) 100vw, 935px\" \/><\/figure>\n\n\n\n<p>Prism, co-founded by <a href=\"https:\/\/www.linkedin.com\/in\/ari-stiegler-68157931\/\">Ari Stiegler<\/a>, CEO, Noah Friedman, COO, and Ryan Breslow, works directly with pre-IPO companies to allow employees to borrow against their company equity for personal use, ranging from a down payment on a home to paying off personal recourse debt.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"629\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/04\/image-106-1024x629.png\" alt=\"\" class=\"wp-image-3641\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/04\/image-106-1024x629.png 1024w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/04\/image-106-300x184.png 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/04\/image-106-768x471.png 768w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/04\/image-106.png 1072w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Loans are secured by the equity posted as collateral by each borrower and have no personal recourse. Late-stage, venture-backed companies that partner with Prism can access the loan marketplace tech platform, which facilitates originations between private shareholders and institutional lenders.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prism, a Los Angeles-based lending platform tailored to startup tech companies and employees, raised a Series A fundraising round of $26 million co-led by Pantera Capital and Human Capital. The funds will be used to accelerate growth, expand operations, and broaden the company&#8217;s reach. Prism, co-founded by Ari Stiegler, CEO, Noah Friedman, COO, and Ryan [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":3642,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.2.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Prism Secures $26M in Seed and Series A Funding. - Founder Lodge Latest News Prism Secures $26M in Seed and Series A Funding.<\/title>\n<meta name=\"description\" content=\"Prism, a Los Angeles-based lending platform tailored to startup tech companies and employees, raised a Series A fundraising round of $26 million co-led by Prism, a Los Angeles-based lending platform tailored to startup tech companies and employees, raised a Series A fundraising round of $26 million co-led by Pantera Capital and Human Capital. 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