About Petal
Petal is a company based in West Sacramento (United States) founded in 2016 by Jason Gross was acquired by Empower in April 2024. It operates as a Commission-Based. Petal has raised $298.43 million across 14 funding rounds from investors including Synchrony, Wise and Tilt. Petal offers products and services including Petal 1, Petal 2, and Petal 1 Rise. Petal operates in a competitive market with competitors including Afterpay, Upgrade, Affirm, Stori and Possible Finance, among others.
- Headquarter West Sacramento, United States
- Founders Jason Gross
- Stage Soonicorn
-
Sectors
Financial Services
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Tilt Card, Inc.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Petal
Petal offers a comprehensive portfolio of products and services, including Petal 1, Petal 2, and Petal 1 Rise.
Credit card designed to build credit history effectively.
Credit card offering rewards with no fees included.
Credit card focused on simple credit building process.
People of Petal
Unlock access to complete
Funding Insights of Petal
Petal has successfully raised a total of $298.43M across 14 strategic funding rounds. The most recent funding activity was a Series D round of $20 million completed in August 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 Petal
Petal has secured backing from 51 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Synchrony, Wise and Tilt.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Blank check and private debt firm focused on multiple sectors
|
Locked | Locked | Locked | |
|
Venture debt and equipment financing are provided to growth-stage companies.
|
Locked | Locked | Locked | |
|
-
|
Locked | Locked | Locked |
Investor details for Petal
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 Petal
Investment portfolio details for Petal
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Petal
Detailed financials for Petal
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Petal Comparisons
Peer comparison for Petal
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Petal
Petal 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 Afterpay, Upgrade, Affirm, Stori and Possible Finance, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
A buy now pay later service is offered by Afterpay.
|
|
| Locked | Locked | Locked |
Consumer credit and banking products are offered to individuals.
|
|
| Locked | Locked | Locked |
Point-of-sale financing is facilitated via an online installment payment platform.
|
|
| Locked | Locked | Locked |
Credit cards, deposit accounts, and investment products are provided.
|
|
| Locked | Locked | Locked |
Multiple consumer loans are offered through an online platform.
|
Detailed competitors of Petal
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Petal
Complete news archive for Petal
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Petal
Petal was founded in 2016.
Petal is headquartered in West Sacramento, United States. It is registered at West Sacramento, California, United States.
Jason Gross is the current CEO of Petal. They have also founded this company.
Petal is a funded company, having raised a total of $298.43M across 14 funding rounds to date.
Credit solutions are provided by Petal to assist individuals in building credit history. Various card options like Petal 1, Petal 2, and Petal 1 Rise are made available, targeting different consumer needs with features such as cash back and no fees. The financial sector is primarily served, focusing on consumer credit through innovative application processes that include bank data linkage for better approval odds.
Petal offers Petal 1, Petal 2, and Petal 1 Rise.
The valuation of Petal is $800M as of Jan 2022.