PeerStreet
PeerStreet is a two-sided online marketplace founded in 2013 that connects a nationwide network of vetted private lenders with accredited and institutional investors, enabling fractional investment in collateralized real estate debt across bridge, rental, and short-duration loan products.
- Company typePrivate
- Founded2013
- HeadquartersEl Segundo, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What PeerStreet does
PeerStreet operates a two-sided online marketplace that connects a nationwide network of vetted private lenders and brokers with accredited and institutional investors seeking exposure to short-duration, real estate-collateralized debt. Founded in 2013 by Brew Johnson (CEO) and Brett Crosby (CCO) and headquartered in El Segundo, California, the platform aggregates, services, and distributes fractional interests in real estate loans including residential bridge, multifamily bridge, small-balance commercial bridge, Residential for Rent (30-year), Cash Offer, and 30-Day Notes to its investor base. Underlying technology consists of a proprietary marketplace platform that ingests loan documents and dozens of data points per deal, integrates with loan origination software (Liquid Logics) and consumer finance aggregators (Mint, Wealthfront, Betterment), and offers an Automated Investing feature that matches investor criteria to incoming loans, plus a Secondary Marketplace pilot for trading existing fractional positions.
The business model is transaction-fee driven: PeerStreet earns fees associated with originating, placing, and servicing loans transacted on the marketplace, and has expanded monetization with PeerStreet Pocket, a 4.00% interest-bearing cash product that retains investor balances inside the ecosystem, and through institutional capital commitments that channel large-scale loan purchases. Customer segmentation is hybrid: a long tail of individual accredited investors accessing positions with a $1,000 minimum (lower to $100 for Automated Investing reinvestments), served via a self-serve online platform, alongside an institutional channel staffed by a dedicated VP of Institutional Sales. The company is venture-backed (Series C of $60 million led by Colchis Capital in October 2019 with participation from Andreessen Horowitz, World Innovation Lab, and Thomvest Ventures), is SOC 2 Type 2 compliant, and operates California Finance Lenders License 60DBO-45398 through subsidiary PS Funding, Inc., reporting $5B+ in cumulative transactions across 47 states as of November 2022.
PeerStreet firmographics
Firmographics- Name
- PeerStreet
- Legal name
- Peer Street, Inc.
- Website
- https://peerstreet.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- PeerStreet is a two-sided online marketplace founded in 2013 that connects a nationwide network of vetted private lenders with accredited and institutional investors, enabling fractional investment in collateralized real estate debt across bridge, rental, and short-duration loan products.
- Ownership category
- akta.pro rank
PeerStreet industry classification
Industry- Product category
- No source data was provided.
- NAICS
- Mortgage and Nonmortgage Loan Brokers (52231)
- akta.pro primary industry
- Direct Lending — Specialty Finance (Consumer/SME Lending Platforms) (FSAHAJAF)
- akta.pro secondary industries
- Non-QM & Specialty Wholesale Lending (Bank Statement/DSCR/Alt-Doc) (FSALACAD), Specialty Finance / Structured Credit (FSANADAE)
Keywords
Where PeerStreet is headquartered
LocationHeadquarters
- HQ city
- El Segundo
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
PeerStreet business model
Business model- GTM type
- B2B
- Offering type
- Services
Revenue model
- Transaction/Fees on Loan Investments: Platform facilitates transactions between lenders and investors. Revenue generated from fees associated with loan transactions on the marketplace.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Standard Investment Minimum |
| Unit Pricing | Pay-as-you-go | Automated Investing Reinvestment Minimum |
| Usage-based | Monthly | PeerStreet Pocket |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
PeerStreet product offering
Product offeringCore offering
No source data was provided describing PeerStreet's core offering.
Product overview
PeerStreet operates a two-sided marketplace platform for real estate debt investing. The core PeerStreet Platform connects borrowers and lenders with investors through a technology-driven marketplace. Key products include: the core peer-to-peer marketplace for browsing and selecting real estate loans; PeerStreet Pocket for interest-bearing cash accounts (4.00% APY); Automated Investing for automatic portfolio building; and a Secondary Marketplace for liquidity. Loan offerings span Residential Bridge Loans, Multifamily Bridge Loans, Small Balance Commercial Bridge Loans, Residential for Rent Loans (30-year), Cash Offer Loans, and 30-Day Notes. The platform also offers Self-Directed IRA investing through STRATA Trust. Additional offerings include loan document generation software (PeerStreet DocGen) and the E.N.U.F. community initiative.
Differentiator
Problem solved
Functional benefit
Brands
- PeerStreet Pocket: A liquid investment product allowing investors to earn interest on available cash with 4.00% interest rate, no minimum balances or fees, and monthly liquidity.
- PeerStreet Secondary Marketplace
- Evolving Neighborhood Uplift Fund (E.N.U.F.)
- PeerStreet DocGen
Quantifiable outcome
- $5B+ total transacted on platform
- +2 more outcomes
Companies that use PeerStreet
Customer profileNamed customers3 records
Segments4 records
PeerStreet technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability2 records
Feature5 records
PeerStreet partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- STRATA Trust CompanycorePartnership for self-directed Traditional or Roth IRA investing. Allows investors to access real estate backed loan investments through tax-advantaged retirement accounts.
- Liquid LogicscoreIntegration with Liquid Logics' loan origination software (LOS) platform. Approved lenders can submit loan information and documents directly to PeerStreet for evaluation and potential sale with a single click, streamlining the loan submission process.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
PeerStreet competitors and assessment
Company assessmentDirect peers
- LendingHome: LendingHome operated a nearly identical model—a digital marketplace for residential real estate bridge loans connecting private lenders with individual and institutional investors. It is the closest historical direct competitor to PeerStreet and shares product structure, target borrower (fix-and-flip investors), and accredited-investor funnel.
- Groundfloor: Groundfloor is a real estate debt crowdfunding platform that allows retail and accredited investors to fund short-term fix-and-flip and rental loans. It mirrors PeerStreet's bridge-lending focus with a similar fractional-investment marketplace model.
- Fundrise: Fundrise is a leading real estate investment and crowdfunding platform offering debt and equity eREITs and interval funds to individual investors. It competes for the same accredited-investor real estate allocation that PeerStreet targets and offers adjacent alternative-investment products.
- RealtyMogul: RealtyMogul operates a real estate crowdfunding platform with both debt and equity offerings for accredited investors. It overlaps with PeerStreet on commercial and residential debt products and on the accredited-investor target market.
- Roofstock: Roofstock is an online marketplace for single-family rental investment properties. While primarily an equity marketplace, it targets the same residential real estate investor base as PeerStreet and has expanded into adjacent debt and rental financing products.
- Cadre: Cadre is a technology-enabled commercial real estate investment platform serving accredited investors and institutions. It is a direct competitor in the online real estate investing category, with overlapping institutional and high-net-worth investor demand.
- Patch of Land: Patch of Land is a real estate crowdfunding marketplace that connects borrowers with individual and institutional investors for fix-and-flip and rental loans. It is a direct small-cap competitor to PeerStreet's bridge lending marketplace.
Emerging players
- Yieldstreet: Yieldstreet is an alternative investments platform offering access to real estate, marine, legal, and other private credit products to accredited investors. Real estate debt is one of its core asset classes, putting it in direct competition with PeerStreet's offerings.
- AcreTrader: AcreTrader is an online farmland investment platform offering fractional ownership to individual and institutional investors. It is an adjacent alternative real estate investment platform competing for the same accredited-investor allocation pie that PeerStreet addresses.
- Arrived Homes: Arrived Homes is a single-family rental investment platform enabling investors to purchase fractional shares of rental properties starting at low minimums. It targets similar retail accredited and even non-accredited real estate investors with a complementary product to PeerStreet's debt focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
PeerStreet social profiles
Digital presencePeerStreet compliance and trust
Trust signalCompliance1 record
PeerStreet financial estimates
Financial estimateRevenue estimate
Valuation estimate
PeerStreet leadership team
Management profileNumber of profiles
PeerStreet funding detail
Funding detailFunding overview
Funding rounds8 records
Investors14 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PeerStreet M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PeerStreet
What does PeerStreet do?
No source data was provided describing PeerStreet's core offering.
Is PeerStreet a public or private company?
PeerStreet is a private company. It is classified as unknown and is currently operating.
When was PeerStreet founded?
PeerStreet was founded in 2013. It employs 101 to 250 people.
Where is PeerStreet based?
PeerStreet is headquartered in El Segundo, United States, in the North America region.
How does PeerStreet make money?
One revenue line is on record: transaction/Fees on Loan Investments.
Who are PeerStreet's main competitors?
Direct peers on record are LendingHome, Groundfloor, Fundrise, RealtyMogul, Roofstock, Cadre and Patch of Land. Emerging players are Yieldstreet, AcreTrader and Arrived Homes.
Does PeerStreet have an API?
No public API is recorded for PeerStreet.
What industry is PeerStreet in?
PeerStreet's product category is No source data was provided.. Its primary akta.pro industry code is FSAHAJAF, Direct Lending — Specialty Finance (Consumer/SME Lending Platforms), with a secondary code of FSALACAD, Non-QM & Specialty Wholesale Lending (Bank Statement/DSCR/Alt-Doc). Its NAICS code is 52231.