Tech Company Financing Transactions
Marqeta Funding Round
On 7/27/2017, Marqeta raised $25 million in funding from Visa, 83North and Commerce Ventures.
Transaction Overview
Company Name
Announced On
7/27/2017
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors
Proceeds Purpose
As it relates to Marqeta, Visa is poised to aid the company in three significant areas, according to Gardner: For one thing, the global payments company will instantly give Marqeta greater distribution by promoting its developer-centric products to Visa partners and customers. Given its global footprint, Visa also will be able to help Marqeta expand internationally. And finally, Gardner sees an opportunity for Visa and Marqeta to benefit from a technology exchange.
Company Information
Company Status
Publicly-held
Industry
ECommerce
Mailing Address
180 Grand Ave. 5th Floor
Oakland, CA 94612
USA
Oakland, CA 94612
USA
Phone
Website
Email Address
Overview
Marqeta operates an open API payment card issuing platform, powering prepaid, debit and credit cards for the world's top commerce innovators.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jason Gardner
Chief Financial Officer
Tripp Faix
Chief Marketing Officer
Vidya Peters
VP - General Counsel
Seth Weissman
VP - Human Resources
Lori McAdams
VP - Operations
Brian Kieley
VP - Product Management
Kevin Doerr
VP - Sales
Omri Dahan
Browse more venture capital transactions:
Prev: 7/27/2017: Signal Vine venture capital transaction
Next: 7/27/2017: Aiqudo venture capital transaction
Share this article
News on VC Transactions
We record every notable VC transaction. VC investment data records reported here come from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs