Pigeon
PrivateLast Round
Seed
May 17, 2022
Total Funding Raised
$3.15M
Company Overview
Pigeon is a financial technology company that operates a platform for creating and managing loans between friends, family, and trusted contacts. Founded in 2020 by Brian Bristol and Kaben Clauson, the company aims to simplify and formalize peer-to-peer lending by removing the associated awkwardness. The platform provides tools to create legally binding contracts, automate payment reminders, and track loan progress. Pigeon participated in Y Combinator's Winter 2022 batch and has raised approximately $2.9 million in funding. The service is free for users, with a business model based on offering referrals to other financial products. The company was initially known as Pigeon Loans and has since rebranded to simply Pigeon.
Sector
FinTech
Verticals
Lending & Credit, Digital Payments, Personal Finance, Legal Tech
Business Model
B2C
Customer Profile
Freemium, Subscription SaaS, Payment Processing Fee
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Pigeon Comps
Public and private peers based on sector, stage, and business model.
Pigeon Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed | May 17, 2022 | ||||
| Seed | Feb 2, 2022 | ||||
| Crowdfunding | Sep 30, 2021 |
Pigeon Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Goodwater Capital | Seed |
| Kleiner Perkins Scout Fund | Seed |
| Magic Fund | Seed |
| SaxeCap | Seed |
| True Culture Fund | Seed |
| 305 Ventures | Seed |
| Y Combinator | Seed |
Pigeon Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Pigeon's valuation, stock price, and market status.
