Marqeta

A cloud-based platform for card issuing and payment processing, which businesses use to create and run customized payment card programs. It has an open API and includes issuer processing, risk management, program controls and data insights.

FintechCard issuing and payment processing platformOakland, United States
FoundersSince 2010
Valuation
$4.3B
Total raised
$528M
Last round · May 2020
Series E-1
Founded
2010
Employees
938
Quarters in VP50
4

Valuation

$100M$1B20192020$4.3B
Marqeta priced rounds
RoundDatePost-money valuationRaisedLed by
Series D-1Jun 5, 2018$545M$45MICONIQ Capital
Series EMay 21, 2019$1.9B$260MCoatue Management
Series E-1May 28, 2020$4.3B$150MUnknown
Post-money valuation at each priced round. Log scale.Hover a point for the round

Updated

In VP50

  1. Q4 2023: no place
  2. Q1 2024: no place
  3. Q2 2024: no place
  4. Q3 2024: no place
  5. Q4 2024: no place
  6. Q1 2025: no place
  7. Q2 2025: no place
  8. Q3 2025: no place
  9. Q4 2025: no place
  10. Q1 2026: no place
  11. Q2 2026: no place
  12. Q3 2026: no place
  13. Q4 2026: no place

Place by quarter since Q4 2023. Best place #13, in Q2 2021.

Funding rounds

DateRound · leadRaisedValuation
May 28, 2020Series E-1$150M$4.3B
May 21, 2019Series E · Coatue Management$260M$1.9B
Jun 5, 2018Series D-1 · ICONIQ Capital$45M$545M
Jul 26, 2017Series D · Visa$25M—
Oct 27, 2015Series C$25M—
Mar 15, 2013Series B$16M—
Jul 31, 2012Debt financing$2M—
Jun 13, 2011Series A$6M—

Team

Marqeta | Venture Place