Marqeta - About the company
Marqeta is a public company based in Oakland (United States), founded in 2010 by Jason Gardner. It operates as a SaaS-based expense management solutions for businesses. Marqeta has raised $528M in funding from investors like Greylock, Coatue and Visa. The company has 282 active competitors, including 53 funded and 71 that have exited. Its top competitors include companies like Navan, Ramp and Brex.
Sectors and market segments that Marqeta operate in
Marqeta serves in the B2B, SaaS space in the FinTech, Travel and Hospitality Tech market segments.The primary business model of Marqeta are:Company Details
SaaS-based expense management solutions for businesses. It offers card-issuing and processing solutions. It provides an open API platform that enables to issue and process of cards and payment management. It enables physical, virtual, and tokenized payment issuance, transaction authorization for merchants, and more. It also offers data insights, digital banking, crypto cards, and more.
- Website
- Social
- Email ID
- @marqeta.com
Key Metrics
Founded Year
2010
Location
Oakland, United States
Stage
Public
Total Funding
in 9 rounds
Latest Funding Round
Ranked
5th among
Employee Count
as on Dec 31, 2024
Investment & Acquisitions
Power &
Similar Companies
Navan &
Exit Details
Public
Legal entities associated with Marqeta
Marqeta is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
---|---|---|---|---|
CIN: 47.849.428/0001-77 Brazil, Active | Sep 05, 2022 | - | - | - |
CIN: 1522540 United States, Deadpooled | Nov 03, 2010 | - | 854 (as on Dec 31, 2024) | - |
CIN: 27-4306690 United States, Active | Nov 03, 2010 | - | 771 (as on Dec 31, 2023) | - |
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Marqeta's funding and investors
Marqeta has raised a total funding of $528M over 9 rounds. Its first funding round was on Jun 10, 2011. Its latest funding round was a Series E round on Oct 08, 2020 for an undisclosed amount. 1 investor participated in its latest round, lead by Mastercard.
Marqeta has 52 institutional investors including Greylock, Coatue and Visa. Max Levchin and 8 others are Angel Investors in Marqeta.
Here is the list of recent funding rounds of Marqeta:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
Oct 08, 2020 | Undisclosed | Series E | - | - | |
May 27, 2020 | $150M | Series E | $4.3B | - | - |
Mar 21, 2019 | $260M | Series E | - | - |
View details of Marqeta's funding rounds and investors
Marqeta's founders and board of directors
The founders of Marqeta is Jason Gardner. Jason Gardner and are the CEOs of Marqeta.
Here are the details of Marqeta's key team members:
- Jason Gardner: Founder & CEO of Marqeta and founder of 1 other company. They are also an angel investor in 12 startups.Contact Info:
View details of
Marqeta's employee count trend
Marqeta has 854 employees as of Dec 24. The total employee count is 11.0% more than what it was in Dec 23. Here is Marqeta's employee count trend over the years:Access ÃØÃÜÑо¿Ëù on any website
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Marqeta's Competitors and alternates
Top competitors of Marqeta include Navan, Ramp and Brex. Here is the list of Top 10 competitors of Marqeta, ranked by ÃØÃÜÑо¿Ëù score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
---|---|---|---|---|---|
1st | ![]() Navan 2015, Palo Alto (United States), Series G | SaaS-based corporate travel and expense management solution for businesses | $1.28B | Goldman Sachs, Greenspring AssociatesÌý&²¹³¾±è;Ìý | 83/100 |
2nd | Ramp 2019, New York City (United States), Series D | Provider of a spend management and accounts payable solutions | $1.41B | Goldman Sachs, CitiÌý&²¹³¾±è;Ìý | 82/100 |
3rd | Brex 2017, Draper (United States), Series D | SaaS-driven credit card and spend management solutions platform for businesses | $1.2B | Bank of America, Credit SuisseÌý&²¹³¾±è;Ìý | 81/100 |
4th | Worldpay 1993, London (United Kingdom), Acquired | Provider of payment services and analytics solutions for businesses | $18M | Bain Capital Private Equity, Advent InternationalÌý&²¹³¾±è;Ìý | 78/100 |
5th | ![]() 2010, Oakland (United States), Public | SaaS-based expense management solutions for businesses | $528M | HTIF, Goldman SachsÌý&²¹³¾±è;Ìý | 74/100 |
6th | Concur 1988, Bellevue (United States), Acquired | SaaS-driven corporate travel expense & invoice management solution | - | Credit Suisse, IVPÌý&²¹³¾±è;Ìý | 74/100 |
7th | Euronet Worldwide 1994, Leawood (United States), Public | Electronic payments provider | - | Advent International, Innova CapitalÌý&²¹³¾±è;Ìý | 73/100 |
8th | Wright Express 1983, Portland (United States), Public | Provider of employee benefit administration solutions for enterprises | - | First Analysis, Warburg PincusÌý&²¹³¾±è;Ìý | 73/100 |
9th | Provider of prepaid cards for financial benefits of employees | $304M | General Atlantic, Eight Roads VenturesÌý&²¹³¾±è;Ìý | 72/100 | |
10th | Galileo 2000, Sandy (United States), Acquired | Online platform offering API-based open banking and payment solutions | $85M | Accel, Kensington Capital HoldingsÌý&²¹³¾±è;Ìý | 70/100 |
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Marqeta's Investments and acquisitions
Marqeta has made 2 investments in ConnexPay and SPG and acquired Power. Here is the list of these investments and acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
---|---|---|---|---|
Jan 30, 2023 | Acquisition | 2021 | Chicago, United States | |
Dec 09, 2021 | Investments | 2017 | Bonita Springs, United States | |
Dec 07, 2021 | Investments | 2016 | Jinghai, |
Reports related to Marqeta
Here is the latest report on Marqeta's sector:
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News related to Marqeta
Media has covered Marqeta for a total of 173 events in the last 1 year, 20 of them have been about partnerships and 18 about company updates.
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MarketBeat•May 18, 2025•Marqeta
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Business Wire•May 08, 2025•Marqeta
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Seeking Alpha•May 07, 2025•Marqeta
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