About Croissant
Croissant is a company based in Nashville (United States) founded in 2022 by John Howard and John Klose. It operates as a Two-Sided Marketplace. Croissant has raised $24 million across 1 funding round from investors including Portage, George Roberts and Third Prime. The company has 28 employees as of December 31, 2024. Croissant offers products and services including Croissant Shopping Tool. Croissant operates in a competitive market with competitors including Create2STAY, Vendoo, Eurostop, WANTD and SECURED, among others.
- Headquarter Nashville, United States
- Employees 28 as on 31 Dec, 2024
- Founders John Howard, John Klose
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Croissant Pay, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$24 M (USD)
in 1 rounds
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Latest Funding Round
$24 M (USD), Seed
Jul 27, 2023
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Investors
Portage
& 6 more
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Employee Count
28
as on Dec 31, 2024
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Products & Services of Croissant
Croissant offers a comprehensive portfolio of products and services, including Croissant Shopping Tool. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A tool for effortless resale while shopping online.
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Funding Insights of Croissant
Croissant has successfully raised a total of $24M through 1 strategic funding round. The most recent funding activity was a Seed round of $24 million completed in July 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $24.0M
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First Round
First Round
(27 Jul 2023)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Seed - Croissant | Valuation | Portage |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Croissant
Croissant has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Portage, George Roberts and Third Prime. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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A global fintech and financial services investment platform is operated.
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Founded Year | Domain | Location | |
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Early-stage startups are funded by Third Prime venture capital firm.
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Founded Year | Domain | Location | |
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Investing in early-stage tech companies and ideas.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Croissant
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Croissant
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Croissant Comparisons
Competitors of Croissant
Croissant operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Create2STAY, Vendoo, Eurostop, WANTD and SECURED, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Re-commerce software solutions are provided for brands and retailers.
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| domain | founded_year | HQ Location |
Software solutions for resellers are provided via a subscription platform.
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| domain | founded_year | HQ Location |
Integrated retail management software is provided for e-commerce retailers.
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| domain | founded_year | HQ Location |
Product lifecycle management software for footwear is provided by WANTD.
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| domain | founded_year | HQ Location |
Solutions for resellers are offered via a secured membership platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Croissant
Frequently Asked Questions about Croissant
When was Croissant founded?
Croissant was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Croissant located?
Croissant is headquartered in Nashville, United States. It is registered at Nashville, Tennessee, United States.
Who is the current CEO of Croissant?
John Howard is the current CEO of Croissant. They have also founded this company.
Is Croissant a funded company?
Croissant is a funded company, having raised a total of $24M across 1 funding round to date. The company's 1st funding round was a Seed of $24M, raised on Jul 27, 2023.
How many employees does Croissant have?
As of Dec 31, 2024, the latest employee count at Croissant is 28.
What does Croissant do?
Croissant is recognized for offering a shopping tool designed for effortless resale. The platform operates in the e-commerce sector, focusing on resale solutions for ready-to-wear, accessories, footwear, and vintage items. Users are enabled to shop at favorite brands, track buybacks, and sell items back with ease. Instant payouts in cash or credit are facilitated for future purchases. The service aims to simplify the resale experience within the retail industry.
Who are the top competitors of Croissant?
Croissant's top competitors include Eurostop, Create2STAY and Vendoo.
What products or services does Croissant offer?
Croissant offers Croissant Shopping Tool.
Who are Croissant's investors?
Croissant has 7 investors. Key investors include Portage, George Roberts, Third Prime, BoxGroup, and 25madison.