When was Borro founded?

Borro was founded in 2008 and raised its 1st funding round within a year of its incorporation.

Where is Borro located?

Borro is headquartered in New York City, United States. It is registered at Glendale, Colorado.

Which legal entities is Borro associated with?

Borro is associated with Borro Limited and 3 others.

How many employees does Borro have?

As of Jul 31, 2026, the latest employee count at Borro is 22.

Is Borro a funded company?

Borro is a funded company, having raised a total of $90M across 19 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 30, 2008.

How much is Borro worth?

The last known valuation of Borro was $***** as of Feb 10, 2015.

When was the latest funding round of Borro?

Borro's latest funding was a $***** Series C round on Jan 16, 2017, with participation from 0 investor. Its primary sector is Alternative Lending. In United States, the Alternative Lending sector has seen $4.91B in funding in 2026 to date.

Where does Borro rank among its competitors?

Borro ranks 2nd amongst 17 active competitors, only 1 of which is funded., of which only BZ is funded and secured an undisclosed amount in Aug, 2023.

Who are the top competitors of Borro?

Borro's top competitors include H&T Pawnbrokers, Evolution Money and Yellow Brick Mortgages. Among them, BZ secured the most recent funding round in August, 2023.

Borro - 2026 Company Profile, Team, Funding & Competitors

Company Details

Online platform for asset-backed loans. It offers multiple loans to consumers and businesses by securing luxury assets as collateral. It accepts various luxury assets including jewelry, fine arts, precious metals, luxury handbags, and wines. Loan products include collateral loans, personal and business credit lines, inventory loans, and more.

Website: borro.com
Social
Email ID: *****@borro.com
Phone Number: +1 **********
Part Of
Registered Address: Glendale, Colorado

Key Metrics

Founded Year

2008

Location

New York City, United States

Stage

Acquired

Total Funding

$90M in 19 rounds

Latest Funding Round

Series C, Jan 16, 2017, $*****

Last Known Valuation

$***** as on Feb 10, 2015

Investors

Eden Ventures & 21 more

Ranked

2^nd among 17 active competitors

Employee Count

22 as on Jul 31, 2026

Similar Companies

H&T Pawnbrokers & 86 more

Exit Details

Acquired by Luxury Asset Capital (Feb 13, 2020)

View Borro's full profile

Borro is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
LUXURY ASSET CAPITAL LLC CIN: 264262670 , United States, Active	Dec 31, 1999	-	20 (As on Dec 31, 2024)	-
Borro Limited CIN: 8866616 , Germany, Active		-	21 (As on Dec 31, 2018)
LUXURY ASSET CAPITAL, LLC CIN: 6492700 , United States, Active	May 24, 2022	-	-	-
BORRO LIMITED CIN: 8866616 , United Kingdom, Active	Jan 28, 2014	-	-

Borro got acquired by Luxury Asset Capital on Feb 13, 2020.

Click here to take a look at Borro's acquisition in detail

Borro has raised a total funding of $90M over 19 rounds. Its first funding round was on Jun 30, 2008. Borro has 19 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Borro:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 16, 2017	8287695	Series C	5322765	3138052	3011963	7266340
Apr 08, 2016	8773706	Series C	3149258	2387443	3916954	4710186
Feb 10, 2015	3585942	Series C	9936314	7532871	Rocket Internet	OurCrowd

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View details of Borro's funding rounds and investors

Here are the details of Borro's key team members:

Dewey Burke: CEO of Borro.
Contact Info: 1 email address

Borro's Board of Directors

Borro's board has 3 active members. John Allbrook is part of team and Gordon Watson and Thomas Welch are independent board members.

Here is the list of Borro's board of directors:

Name	Type	Representing	Status	Duration
rgtyfhc	Team	-	Current	7y 1m
Gordon Watson	Independent board member	-	Current	8y 10m
{ywkfsf	Independent board member	-	Current	2y 1m

View details of Borro's Founder profiles and Board Members

Borro's employee count trend

Borro has 22 employees as of Jul 26. Here is Borro's employee count trend over the years:

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Top competitors of Borro include H&T Pawnbrokers, Evolution Money and Yellow Brick Mortgages. Here is the list of Top 10 competitors of Borro, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	H&T Pawnbrokers 1897, Sutton (United Kingdom), Acquired	In-store and online personal loans and pawn loans	-	BlackRock, Rutland Partners	51/100
2nd	Borro 2008, New York City (United States), Acquired	Online platform for asset-backed loans	$90M	Kreos Capital, Canaan & 20 others	48/100
3rd	Evolution Money 2012, Manchester (United Kingdom), Unfunded	Provider of secured homeowner loans and debt consolidation loan services	-	-	41/100
4th	Yellow Brick Mortgages 2018, United Kingdom, Unfunded	Platform offering financing solutions	-	-	35/100
5th	Loans 2 Go 2002, London (United Kingdom), Unfunded	Platform for loans against vehicle	-	-	30/100
6th	Jera 2022, London (United Kingdom), Unfunded	Provider of data-driven fine wine valuation and asset-based lending services	-	-	27/100
7th	BZ 2023, London (United Kingdom), Funding Raised	Provider of asset backed lending solutions	-	-	24/100
8th	Valendo 2015, Berlin (Germany), Seed	online platform for luxury asset-backed lending	$27.5K	FinLeap, ProSiebenSat 1 Accelerator & 2 others	24/100
9th	Bmsamuels 2003, London (United Kingdom), Unfunded	Platform offering lending solutions	-	-	23/100
10th	Clearly Loans 2012, United Kingdom, Unfunded	Platform offering lending solutions	-	-	22/100

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Looking for more details on Borro's competitors? Click here to see the top ones

Founders own 11.10%, Funds (largest shareholder) own 86.50%, Angels own 1.90% and Other People own 0.40%. The net worth of Borro's founders is INR 11.3M as of Feb 05, 2015.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	11.10%	11.3M	8364232	8154319	3957590	5186589
Fund	86.50%	88.2M	4847709	3933513	7376951	1016975
Rocket Internet	4065283	6124067	1345506	6976076	4333226	8170567
OurCrowd	68063	64546	79628	96573	64578	92867
Angel	1.90%	1.98M	5	2	3	7
Other People	0.40%	464K	0	0	0	0
Total	99.90%	10.2Cr	4962109	2392297	8989696	3327472