Pesto - About the company
Pesto is a series A company based in San Francisco (United States), founded in 2020 by James Savoldelli. It operates as an Online lending platform offering asset-backed credit cards. Pesto has raised $11M in funding from Y Combinator.
Company Details
Online lending platform offering asset-backed credit cards. It provides businesses and individuals with credit cards based on the valuation of the asset. It offers zero interest rate and provides loans without a credit score.
- Website
- getpesto.com
- Email ID
- *****@getpesto.com
Key Metrics
Founded Year
2020
Location
San Francisco, United States
Stage
Series A
Total Funding
$11M in 2 rounds
Latest Funding Round
Investors
Ranked
1st among 1 active competitor
Employee Count
9 as on Feb 28, 2026
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Pesto's funding and investors
Pesto has raised a total funding of $11M over 2 rounds. Its first funding round was on 2021. Its latest funding round was a Series A round on May 25, 2023 for $*****. 12 investors participated in its latest round. Pesto has 12 institutional investors.
Here is the list of recent funding rounds of Pesto:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 25, 2023 | 3206106 | Series A | 7076145 | 3746022 | 3155481 | 5516935 |
2021 | 7658 | Seed | 2985 | 4486 | 3843 |
View details of Pesto's funding rounds and investors
Pesto's founders and board of directors
Founder? Claim ProfileThe founders of Pesto is James Savoldelli. James Savoldelli is the CEO of Pesto.
Here are the details of Pesto's key team members:
- James Savoldelli: Founder & CEO of Pesto. Contact Info: 1 email address
View details of Pesto's Founder profiles and Board Members
Pesto's employee count trend
Pesto has 9 employees as of Feb 26. Here is Pesto's employee count trend over the years:
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Pesto's Competitors and alternates
Top competitors of Pesto include Gild Card. Here is the list of Top 10 competitors of Pesto, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Pesto 2020, San Francisco (United States), Series A | Online lending platform offering asset-backed credit cards | $11M | 43/100 | |
2nd | NFC-enabled credit card backed by fixed deposits and offering interest and gold rewards on spends | - | - | 33/100 |
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Pesto's Investments and acquisitions
Pesto has made no investments or acquisitions yet.
Reports related to Pesto
Here is the latest report on Pesto's sector:
News related to Pesto
•
Fintech Pesto Takes on Pawn Lending, Introduces Asset-Backed Credit CardCrowdfund Insider•May 30, 2023•Pesto
•
US fintech Pesto raises $11m to rival pawn lendingAltFi•May 26, 2023•Pesto, Activant Capital, Y Combinator, Plural and 12 others
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