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Marqeta - About the company

Marqeta is a public company based in Oakland (United States), founded in 2010 by Jason Gardner. It operates as a Provider of a platform for modern card issuing and payment solutions. Marqeta has raised $528M in funding from investors like Greylock Partners, Coatue and Visa. The company has 197 active competitors, including 38 funded and 43 that have exited. Its top competitors include companies like Brex, Ramp and Navan.

Company Details

Provider of a platform for modern card issuing and payment solutions. The platform allows businesses to integrate end-to-end credit and payment solutions. It enables the creation of tailored payment experiences and new card products. The platform offers features such as spend controls, fraud detection, and compliance tools. It facilitates the issuing of virtual cards and supports global expansion. The platform provides open APIs for creating payment products.
Social
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Email ID
*****@marqeta.com
Registered Address
Oakland
Key Metrics
Founded Year
2010
Location
Oakland, United States
Stage
Public
Total Funding
$528M in 9 rounds
Ranked
Annual Revenue
$500M - $1B as on Dec 31, 2025
Employee Count
1,014 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Marqeta's IPO details

Marqeta got listed on Jun 09, 2021.
Click here to take a look at Marqeta's IPO in detail
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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. Marqeta has 55 institutional investors and 9 angel investors.

Here is the list of recent funding rounds of Marqeta:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 08, 2020
Undisclosed
Series E
$4.3B
-
-
May 27, 2020
$150M
Series E
$4.3B
-
-
-
Mar 21, 2019
$260M
Series E
$2B
-
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Marqeta's founders and board of directors

Founder? Claim Profile
The founders of Marqeta is Jason Gardner.
Here are the details of Marqeta's key team members:

Marqeta's employee count trend

Marqeta has 1,014 employees as of May 26. Here is Marqeta's employee count trend over the years:
Employee count trend for Marqeta
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Marqeta's Competitors and alternates

Top competitors of Marqeta include Brex, Ramp and Navan. Here is the list of Top 10 competitors of Marqeta, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Brex
Brex
2017, Draper (United States), Acquired
Provider of financial software platform, cards, banking, expense, and accounting
$1.2B
85/100
2nd
Logo for Ramp
Ramp
2019, New York City (United States), Series F
Provider of a platform for spend management, corporate cards, and payables
$3.19B
85/100
3rd
Logo for Navan
Navan
2015, Palo Alto (United States), Public
Provider of a platform for business travel and expense management
$1.58B
80/100
4th
Logo for Pleo
Pleo
2015, Copenhagen (Denmark), Series C
Provider of spend management platform with virtual and physical card options
$434M
80/100
5th
Logo for Spendesk
Spendesk
2016, Paris (France), Series C
Provider of software for managing corporate spending and invoice processing
$304M
76/100
6th
Logo for Emburse
Emburse
2002, San Francisco (United States), Acquired
Provider of travel, expense, payment, invoice, and automation management solutions
$7.5M
76/100
7th
Logo for Concur
Concur
1988, Bellevue (United States), Acquired
Provider of travel, expense, and invoice management solutions for businesses
-
75/100
8th
Logo for Marqeta
Marqeta
2010, Oakland (United States), Public
Provider of a platform for modern card issuing and payment solutions
$528M
75/100
9th
Logo for Expensify
Expensify
2008, San Francisco (United States), Public
Provider of expense management software, corporate cards, and travel booking
$27.8M
74/100
10th
Logo for Wright Express
Wright Express
1983, Portland (United States), Public
Provider of fleet management, employee benefits, and business payment solutions
-
73/100
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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
Altrincham (United Kingdom)
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Reports related to Marqeta

Here is the latest report on Marqeta's sector:

News related to Marqeta

lockFilter this list
Media has covered Marqeta for a total of 36 events in the last 1 year, 19 of them have been about company updates and 4 about people movement.
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