Pagaya

New York, United States Founded: 2016 • Age: 10 yrs
Loan transitions are facilitated between lending partners and institutional investors.
Annual revenue $1.0B Latest available
Total funding $146.3M 10 rounds
Employees 553 Tracked headcount
Investors 16 Known backers
Products 2 Services tracked
Competitors 4 Brand Intelligence

About Pagaya

Pagaya is a company based in New York (United States) founded in 2016 by Sanjiv Das, Avital Pardo, Yahav Yulzari, and Gal Krubiner. Pagaya has raised $146.3 million across 10 funding rounds from investors including Citi, SCB and Clal Insurance. The company has 553 employees as of December 31, 2024. Pagaya has completed 2 acquisitions, including Darwin Homes and Theorem. Pagaya offers products and services including Pagaya Network and API Integration Service. Pagaya operates in a competitive market with competitors including Tienda Pago, First Up Lending, Mayava Capital and 3x Capital, among others.

  • Headquarter New York, United States
  • Employees 553 as on 31 Dec, 2024
  • Founders Sanjiv Das, Avital Pardo, Yahav Yulzari, Gal Krubiner
  • Stage Public
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Pagaya Technologies Ltd.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1 B (USD)
    29.99
    as on Dec 31, 2024
  • Net Profit
    -$401.41 M (USD)
    -212.53
    as on Dec 31, 2024
  • EBITDA
    $82.53 M (USD)
    0
    as on Dec 31, 2024
  • Total Equity Funding
    $146.3 M (USD)

    in 10 rounds

  • Latest Funding Round
    $75 M (USD), Post-IPO

    Mar 24, 2023

  • Investors
    Citi

    & 15 more

  • Employee Count
    553

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Pagaya

Pagaya is a publicly listed company on the NASDAQ with ticker symbol PGY in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: PGY · Sector: Technology services · USA

Products & Services of Pagaya

Pagaya offers a comprehensive portfolio of products and services, including Pagaya Network and API Integration Service.

Product name locked
Category locked
Primary

AI-based system for real-time loan application reviews and approvals.

Product name locked
Category locked
Locked

Tool for connecting origination systems to facilitate loan facilitation.

People of Pagaya

Headcount 500-1000
Employee Profiles 195
Board Members and Advisors 3
Employee Profiles
People
Avital Pardo
Co-Founder & CTO
People
Yahav Yulzari
Co-Founder & Chief Revenue Officer
People
Gal Krubiner
Co-Founder & CEO
People
Adi Cohen Malkis
Fund Controller

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Board Members and Advisors
people
Avi Zeevi
Chairman
people
Dan Petrozzo
Board Member
people
Harvey Golub
Board Member

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Funding Insights of Pagaya

Pagaya has successfully raised a total of $146.3M across 10 strategic funding rounds. The most recent funding activity was a Post-IPO round of $75 million completed in March 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.

Investors in Pagaya

Pagaya has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Citi, SCB and Clal Insurance.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investments are made in early-stage healthtech and fintech startups.
Locked Locked Locked
Venture and private equity investments are managed with global diversification.
Locked Locked Locked
Growth-stage technology companies are funded via primary and secondary investments.
Locked Locked Locked
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Investor details for Pagaya

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Pagaya

Pagaya has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Darwin Homes and Theorem.

Investments
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Investment portfolio details for Pagaya

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of residential property management services
Locked Locked 2015 Locked
Credit underwriting technology is developed and provided by Theorem.
Locked Locked 2014 Locked
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Complete acquisition details for Pagaya

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Pagaya

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Detailed financials for Pagaya

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Pagaya Comparisons

Pagaya Primary company
Description
Loan transitions are facilitated between lending partners an...
Location
New York, United States
Founded Year
2016
Annual Revenue
$1 B (USD)
Net Profit
-$401.41 M (USD)
EBITDA
$82.53 M (USD)
Employees
553
As of 2024
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Peer comparison for Pagaya

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Pagaya

Pagaya 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 Tienda Pago, First Up Lending, Mayava Capital and 3x Capital, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of a platform offering working capital for small stores
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First Up Lending provides asset-backed lines of credit to support business growth and operations.
Locked Locked Locked
Offers brokerage services for loans, cash advances, and business financing.
Locked Locked Locked
Offers unsecured credit lines and funding for startups and businesses.
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Detailed competitors of Pagaya

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Pagaya

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Complete news archive for Pagaya

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Pagaya

Pagaya was founded in 2016.

Pagaya is headquartered in New York, United States. It is registered at New York, New York, United States.

Gal Krubiner is the current CEO of Pagaya. They have also founded this company.

Pagaya is a funded company, having raised a total of $146.3M across 10 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Pagaya is 553.

Annual revenue of Pagaya is $1B as on Dec 31, 2024.

Network facilitates loan transitions between lending partners and institutional investors. It integrates with loan origination systems through an API, enabling partners to approve more customers while maintaining their brand experience. The network facilitates the transfer of loans to appropriate financial vehicles. It offers benefits such as retaining more borrowers, expanding credit options without balance sheet impact, deepening customer relationships through diverse loan products, and ensuring compliance with regulations and data security standards.

Pagaya's top competitors include Tienda Pago, First Up Lending and Mayava Capital.

Pagaya offers Pagaya Network and API Integration Service.

Yes, Pagaya is publicly traded on NASDAQ under the ticker symbol PGY.

Pagaya has made 2 acquisitions, including Darwin Homes, and Theorem.

Pagaya has 16 investors. Key investors include Citi, SCB, Clal Insurance, Oak HC/FT, and Tiger Global.

The ticker symbol of Pagaya is PGY on NASDAQ.

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