Petal Stock

petalcard.comFinTech / Personal FinanceFounded: 2016Funding to Date: $97.23MM

Petal is a credit card company focused on individual credit building using the existing financial data of each person. With cards issued by WebBank, users can track their credit scores and find cash-back opportunities nearby. Petal was founded in 2016 by Jack Arenas, Paul Rabil, Jason Rosen, and Andrew Endicott JD and is headquartered in New York, NY.

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Petal Stock Price

Forge Price 1
Price not yet available
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

Petal Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
09/24/2020 Series C-2 $6.41MM $xx.xx $361.61MM Abstract Ventures, Adventure Collective, Afore Capital, Gr Capital, Great Oaks Venture Capital, Kelvin Beachum, Nelstone Ventures, Ride Ventures, Riverpark Ventures, Rosecliff Ventures, Starta Ventures, The Gramercy Fund, Valar Ventures
Price per Share
$xx.xx
Shares Outstanding
2,150,646
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
--
Key Investors
Abstract Ventures, Adventure Collective, Afore Capital, Gr Capital, Great Oaks Venture Capital, Kelvin Beachum, Nelstone Ventures, Ride Ventures, Riverpark Ventures, Rosecliff Ventures, Starta Ventures, The Gramercy Fund, Valar Ventures
09/24/2020 Series C-1 $6.46MM $xx.xx $361.61MM Abstract Ventures, Adventure Collective, Afore Capital, Gr Capital, Great Oaks Venture Capital, Kelvin Beachum, Nelstone Ventures, Ride Ventures, Riverpark Ventures, Rosecliff Ventures, Starta Ventures, The Gramercy Fund, Valar Ventures
Price per Share
$xx.xx
Shares Outstanding
2,029,644
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
--
Key Investors
Abstract Ventures, Adventure Collective, Afore Capital, Gr Capital, Great Oaks Venture Capital, Kelvin Beachum, Nelstone Ventures, Ride Ventures, Riverpark Ventures, Rosecliff Ventures, Starta Ventures, The Gramercy Fund, Valar Ventures
09/24/2020 Series C-3 $9.77MM $xx.xx $361.61MM Abstract Ventures, Adventure Collective, Afore Capital, Gr Capital, Great Oaks Venture Capital, Kelvin Beachum, Nelstone Ventures, Ride Ventures, Riverpark Ventures, Rosecliff Ventures, Starta Ventures, The Gramercy Fund, Valar Ventures
Price per Share
$xx.xx
Shares Outstanding
1,993,873
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
--
Key Investors
Abstract Ventures, Adventure Collective, Afore Capital, Gr Capital, Great Oaks Venture Capital, Kelvin Beachum, Nelstone Ventures, Ride Ventures, Riverpark Ventures, Rosecliff Ventures, Starta Ventures, The Gramercy Fund, Valar Ventures
09/24/2020 Series C $27.36MM $xx.xx $361.61MM Abstract Ventures, Adventure Collective, Afore Capital, Gr Capital, Great Oaks Venture Capital, Kelvin Beachum, Nelstone Ventures, Ride Ventures, Riverpark Ventures, Rosecliff Ventures, Starta Ventures, The Gramercy Fund, Valar Ventures
Price per Share
$xx.xx
Shares Outstanding
6,882,870
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
--
Key Investors
Abstract Ventures, Adventure Collective, Afore Capital, Gr Capital, Great Oaks Venture Capital, Kelvin Beachum, Nelstone Ventures, Ride Ventures, Riverpark Ventures, Rosecliff Ventures, Starta Ventures, The Gramercy Fund, Valar Ventures
01/29/2019 Series B-2 $250,550.00 $xx.xx $121.81MM Afore Capital, Greyhound Capital, Riverpark Ventures, Rosecliff Ventures, Story Ventures, Third Prime Capital, Valar Ventures
Price per Share
$xx.xx
Shares Outstanding
115,328
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
--
Key Investors
Afore Capital, Greyhound Capital, Riverpark Ventures, Rosecliff Ventures, Story Ventures, Third Prime Capital, Valar Ventures
01/29/2019 Series B-1 $2.76MM $xx.xx $121.81MM Afore Capital, Greyhound Capital, Riverpark Ventures, Rosecliff Ventures, Story Ventures, Third Prime Capital, Valar Ventures
Price per Share
$xx.xx
Shares Outstanding
1,177,696
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
--
Key Investors
Afore Capital, Greyhound Capital, Riverpark Ventures, Rosecliff Ventures, Story Ventures, Third Prime Capital, Valar Ventures
01/29/2019 Series B $27.2MM $xx.xx $121.81MM Afore Capital, Greyhound Capital, Riverpark Ventures, Rosecliff Ventures, Story Ventures, Third Prime Capital, Valar Ventures
Price per Share
$xx.xx
Shares Outstanding
10,432,848
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
--
Key Investors
Afore Capital, Greyhound Capital, Riverpark Ventures, Rosecliff Ventures, Story Ventures, Third Prime Capital, Valar Ventures
01/10/2018 Series A $13.71MM $xx.xx $50.74MM 5xmais, Abstract Ventures, Riverpark Ventures, Rosecliff Venture Partners, Valar Ventures
Price per Share
$xx.xx
Shares Outstanding
10,892,241
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
--
Key Investors
5xmais, Abstract Ventures, Riverpark Ventures, Rosecliff Venture Partners, Valar Ventures
12/15/2016 Series Seed $3.3MM $xx.xx $14.12MM Abstract Ventures, Afore Capital, Brooklyn Bridge Ventures, Great Oaks Venture Capital, Guild Capital
Price per Share
$xx.xx
Shares Outstanding
6,874,999
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
--
Key Investors
Abstract Ventures, Afore Capital, Brooklyn Bridge Ventures, Great Oaks Venture Capital, Guild Capital

Petal Investors Also Invested in These Private Companies

Leadership & Board

Leadership

Wesley Chen
Chief Financial Officer
Ali Heron
Chief Technology Officer
Elizabeth Corbett
Chief Compliance Officer & General Counsel
Kris Huennekens
Chief Credit Officer & Senior Vice President
Jason Rosen
Co-Founder, Chief Executive Officer & Board Member

Board

Andrew McCormack
Valar Ventures
Charles O'Donnell
Brooklyn Bridge Ventures
Keith Hamlin JD
Third Prime

Petal stock FAQs

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Can you buy Petal stock?

As Petal is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Petal, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy Petal stock?

To invest in a private company like Petal through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell Petal stock?

Yes, you may sell the Petal stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell Petal stock?

If you hold private company shares of Petal – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Petal on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is Petal a public company?

No, Petal is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Petal’s stock price?

Petal is a privately held company and therefore does not have a public stock price. However, you may access Petal private market stock price with Forge Data.
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What is Petal’s stock ticker symbol?

Petal does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Petal News and Media Highlights

Petal 2 Visa credit card review: A good option if you don't have a credit history, with between 1.0% - 1.5% cash back and no fees

If you have a limited credit history, the Petal® 2 "Cash Back, No Fees" Visa® Credit Card, issued by WebBank, may be easier to qualify for.

Petal promotes Ali Heron to chief technology officer

Heron, who joined Petal a year ago as head of engineering, has more than 20 years of experience in technology and finance, including 10 years at Microsoft serving in engineering and product roles.

Credit Card Startup Petal Reaches an $800 Million Valuation

Petal, a credit-card startup, has raised $140 million in a funding round led by Tarsadia Investments.

Petal Closes $125M Debt Facility | FinSMEs

Petal, a New York, NY, and Richmond, VA-based credit card company, closed a more than $125m committed debt facility
Browse Insights
Updated on: Dec 21, 2024

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