Tech Company Financing Transactions
Petal Funding Round
Petal secured a $34 million investment round on 10/3/2018. Backers included Jefferies and Silicon Valley Bank.
Transaction Overview
Company Name
Announced On
10/3/2018
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$34,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds for the public roll-out of the Petal Visa credit card.
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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