Marqeta was founded in 2010 by Jason Gardner. According to a July 2020 report by Reuters, the company has begun talking to investment banks about a potential initial public offering. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Marqeta is a global card issuing platform, providing infrastructure and tools for building configurable payment cards. The company has raised approximately $525 million in Venture Capital funding from investors including Coatue Management, Glean Capital, Spark Capital, Goldman Sachs, ICONIQ Capital, CreditEase, Commerce Ventures, 83North, and Granite Ventures. It has been widely reported that Marqeta last raised $150 million in May 2020 at a post-money valuation of $4.3 billion.

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Can you invest in Marqeta pre-IPO?

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Is Marqeta a publicly traded company?

Marqeta became a public company following its IPO on 06/09/2021 and is now traded on the NASDAQ under the ticker MQ.

To learn more about Marqeta potential IPO

Will Marqeta go IPO?

Marqeta became a public company following its IPO on 06/09/2021 and is now traded on the NASDAQ under the ticker MQ.

What is Marqeta’s IPO price?

The IPO price of Marqeta is not currently available.

When was Marqeta founded?

Marqeta was founded in 2010.

What is Marqeta funding to date?

Marqeta has raised $378.77MM to date.

Who are Marqeta’s major investors?

IA Capital Group
83North
Commerce Ventures
Black River Ventures
Granite Ventures

Marqeta Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
05/21/2019 Series E $260.01MM $xx.xx $1.89B Coatue Management, CommerzVentures, Visa Ventures, Vitruvian Partners, IA Capital Group, CreditEase, Granite Ventures, Commerce Ventures, 83North, Spark Capital, Goldman Sachs Investment Partners, Geodesic Capital, Lone Pine Capital, ICONIQ Capital
Price per Share
$xx.xx
Shares Outstanding
66,824,303
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Coatue Management, CommerzVentures, Visa Ventures, Vitruvian Partners, IA Capital Group, CreditEase, Granite Ventures, Commerce Ventures, 83North, Spark Capital, Goldman Sachs Investment Partners, Geodesic Capital, Lone Pine Capital, ICONIQ Capital
03/21/2018 Series D-1 $40MM $xx.xx $527.04MM Undisclosed investors
Price per Share
$xx.xx
Shares Outstanding
33,185,680
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed investors
07/26/2017 Series D $34.63MM $xx.xx $510.12MM Visa, Commerce Ventures, 83North, Granite Ventures, IA Capital Group, CommerzVentures, CreditEase, Goldman Sachs, Max Levchin, SharesPost, Black River Ventures
Price per Share
$xx.xx
Shares Outstanding
28,734,078
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Visa, Commerce Ventures, 83North, Granite Ventures, IA Capital Group, CommerzVentures, CreditEase, Goldman Sachs, Max Levchin, SharesPost, Black River Ventures
04/27/2015 Series C $21.91MM $xx.xx $147.03MM IA Capital Group, CommerzVentures, 83North, Granite Ventures, Commerce Ventures
Price per Share
$xx.xx
Shares Outstanding
62,114,648
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
IA Capital Group, CommerzVentures, 83North, Granite Ventures, Commerce Ventures
03/04/2013 Series B $17.21MM $xx.xx $102.33MM 83North, Granite Ventures, Commerce Ventures, LionBird
Price per Share
$xx.xx
Shares Outstanding
58,408,050
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
83North, Granite Ventures, Commerce Ventures, LionBird
06/01/2011 Series A $5.01MM $xx.xx $17.11MM 83North, Granite Ventures
Price per Share
$xx.xx
Shares Outstanding
87,780,429
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
83North, Granite Ventures
Updated on: Nov 17, 2024

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