Petal Overview

  • Founded
  • 2016
Founded
  • Status
  • Private
  • Employees
  • 100
Employees
  • Latest Deal Type
  • Debt
  • Investors
  • 37

Petal General Information

Description

Operator of a credit card company intended to make safe and affordable credit accessible to everyone. The company's card uses a technology called cashflow underwriting that analyzes an individual's digital financial record and measures objective components of each individual's creditworthiness in real-time, enabling consumers to build credit, track spending, and manage money better, all with no credit score required.

Contact Information

Formerly Known As
CreditBridge
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Consumer Finance
Other Industries
Financial Software
Primary Office
  • P.O Box 105168
  • Atlanta, GA 30348-5168
  • United States
+1 (855) 000-0000

Petal Timeline

2017201820192020
Financing RoundCaptured Employee CountEstimated Employee Growth
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Petal Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Debt - General 00000 Completed Generating Revenue/Not Profitable
10. Later Stage VC (Series C) 01-Apr-2020 0000 00000 00000 Completed Generating Revenue/Not Profitable
9. Debt - General 18-Sep-2019 00000 00000 Completed Generating Revenue/Not Profitable
8. Early Stage VC (Series B) 29-Jan-2019 0000 000.00 00000 Completed Generating Revenue/Not Profitable
7. Debt - General 02-Oct-2018 0000 000.00 Completed Generating Revenue/Not Profitable
6. Early Stage VC (Series A) 10-Jan-2018 0000 000.00 0000 Completed Product In Beta Test
5. Debt - General 01-Jan-2018 0000 000.00 Completed Startup
4. Secondary Transaction - Private 00.00 Completed Startup
3. Seed Round 08-Sep-2017 $3.6M $3.6M 00.00 Completed Startup
2. Accelerator/Incubator Completed Startup
To view Petal’s complete valuation and funding history, request access »

Petal Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series C2 0,000,000 00.000000 00.00 00.00 00 00.00 0.000
Series C1 0,000,000 00.000000 00.00 00.00 00 00.00 0.000
Series C 00,000,000 00.000000 00.00 00.00 00 00.00 00.000
Series B2 000,000 00.000000 00.00 00.00 00 00.00 0.000
Series B1 0,000,000 00.000000 00.00 00.00 00 00.00 0.000
Series B 00,000,000 00.000000 00.00 00.00 00 00.00 00.000
Series A 10,892,241 $0.000100 $1.26 $1.26 1x $1.26 16.98%
Seed 6,874,999 $0.000100 $0.48 $0.48 1x $0.48 10.72%
To view Petal’s complete cap table history, request access »

Petal Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Operator of a credit card company intended to make safe and affordable credit accessible to everyone. The company's card
Consumer Finance
Atlanta, GA
100 As of 2020
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0000 00000

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00000000 0000000
Chicago, IL
000 As of 0000
00.000
000000000 - 00.000

0000000

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000000000 00000000
San Carlos, CA
000 As of 0000
00000
00000000 00000
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Petal Competitors (66)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Avant (Online Lending Firm) Private Debt Financed Chicago, IL 000 00.000 000000000 - 00.000
0000000 (000000000 Venture Capital-Backed San Carlos, CA 000 00000 00000000 00000
0000000 Venture Capital-Backed Murray, UT 00 00000 000000000 - 00000
000000 Venture Capital-Backed Sao Paulo, Brazil 0000 00.000 0000000000 0 00.000
00000000 0000000 Venture Capital-Backed Seattle, WA 00 00000 00000000000 00000
You’re viewing 5 of 66 competitors. Get the full list »

Petal Executive Team (8)

Name Title Board Seat Contact Info
Jason Gross Co-Founder, Chief Executive Officer & Board Member
Andrew Endicott JD Co-Founder, President, Chief Financial Officer & Board Member
Jack Arenas Co-Founder & Chief Technology Officer
Kaustav Das Chief Risk Officer
Parris Sanz JD Senior Vice President of Operations, General Counsel & Chief Compliance Officer
You’re viewing 5 of 8 executive team members. Get the full list »

Petal Board Members (4)

Name Representing Role Since
Andrew Endicott JD Petal Co-Founder, President, Chief Financial Officer & Board Member 000 0000
Andrew McCormack Valar Ventures Board Member 000 0000
Charles O'Donnell Petal Board Member 000 0000
Jason Gross Petal Co-Founder, Chief Executive Officer & Board Member 000 0000
To view Petal’s complete board members history, request access »

Petal Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Petal Investors (37)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Adventure Collective Corporation Minority 000 0000 000000 0
Cascade Investment Fund PE/Buyout Minority 000 0000 000000 0
Evolution VC Partners Venture Capital Minority 000 0000 000000 0
Flight Ventures Venture Capital Minority 000 0000 000000 0
GR Capital Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 37 investors. Get the full list »