Tech Company Financing Transactions
Petal Funding Round
On 5/10/2023, Petal raised $35 million in funding from Valar Ventures, Core Innovation Capital and RiverPark Ventures.
Transaction Overview
Company Name
Announced On
5/10/2023
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Undisclosed
Investors
Valar Ventures (Lead Investor) (Andrew McCormack)
Proceeds Purpose
This new investment will be split between Petal and Prism Data, a spun off its B2B-focused data infrastructure and analytics subsidiary.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
P.O. Box 980515
Sacramento, CA 95798
USA
Sacramento, CA 95798
USA
Phone
Website
Email Address
Overview
Petal uses the latest methods in machine learning and product design to create innovative consumer financial products.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jason Gross
Founder
Andrew Endicott
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Where The Data Comes From
We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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