About Sezzle
Sezzle is a company based in Minneapolis (United States) founded in 2016 by Paul Paradis and Killian Brackey was acquired by Zip in February 2022.. Sezzle has raised $17.51 million across 9 funding rounds from investors including Zip, Discover and Continental Investors. The company has 408 employees as of December 31, 2024. Sezzle offers products and services including Sezzle App and Virtual Card. Sezzle operates in a competitive market with competitors including Klarna, Afterpay, Zip, Sunbit and Snap Finance, among others.
- Headquarter Minneapolis, United States
- Employees 408 as on 31 Dec, 2024
- Founders Paul Paradis, Killian Brackey
- Stage Public
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Sectors
RetailFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sezzle Inc.
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Annual Revenue
$271.13 M70.14as on Dec 31, 2024
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Net Profit
$78.52 M1006.26as on Dec 31, 2024
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EBITDA
$83.21 M260.9as on Dec 31, 2024
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Total Equity Funding
$17.51 M (USD)
in 9 rounds
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Latest Funding Round
$30 M (USD), Post-IPO
Jul 15, 2021
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Investors
Zip
& 4 more
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Employee Count
408
as on Dec 31, 2024
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Acquired by
Zip
(Feb 27, 2022)
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IPO & Listings of Sezzle
Sezzle is a publicly listed company on the NASDAQ with ticker symbol SEZL 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.
Products & Services of Sezzle
Sezzle offers a comprehensive portfolio of products and services, including Sezzle App and Virtual Card. 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.
App for interest-free installment payments on purchases from partnered brands.
Virtual card enabling deferred payments for online and in-store shopping.
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Product Management Team
9 people
Leadership Team
9 people
Software Development Team
8 people
Sales and Marketing
7 people
Legal and Compliance
5 people
Finance and Accounting
4 people
Senior Team
3 people
Human Resources and Administration
1 people
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Funding Insights of Sezzle
Sezzle has successfully raised a total of $17.51M across 9 strategic funding rounds. The most recent funding activity was a Post-IPO round of $30 million completed in July 2021. 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 9
- Last Round Post-IPO — $30.0M
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First Round
First Round
(26 Sep 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Sezzle | Valuation |
investors |
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| Aug, 2020 | Amount | Post-IPO - Sezzle | Valuation |
investors |
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| Jul, 2020 | Amount | Post-IPO - Sezzle | Valuation |
investors |
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| 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 Sezzle
Sezzle has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Zip, Discover and Continental Investors. 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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Private equity fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Discover is recognized for providing credit cards and banking services.
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Founded Year | Domain | Location | |
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Provides finance, currency exchange, index equity derivatives, and related services.
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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 Sezzle
| 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 - Sezzle
| 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 |
Sezzle Comparisons
Competitors of Sezzle
Sezzle 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 Klarna, Afterpay, Zip, Sunbit and Snap Finance, 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 |
Point-of-sale financing is facilitated through an online platform for purchases.
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| domain | founded_year | HQ Location |
A buy now pay later service is offered by Afterpay.
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| domain | founded_year | HQ Location |
Payment solutions are provided for deferred purchasing by Zip.
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| domain | founded_year | HQ Location |
Point-of-sale financing is facilitated via an online platform for retailers.
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| domain | founded_year | HQ Location |
Merchandise financing is offered through partner stores.
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| domain | founded_year | HQ Location |
Point-of-sale financing for travel bookings is offered by Uplift.
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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 Sezzle
Frequently Asked Questions about Sezzle
When was Sezzle founded?
Sezzle was founded in 2016.
Where is Sezzle located?
Sezzle is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Is Sezzle a funded company?
Sezzle is a funded company, having raised a total of $17.51M across 9 funding rounds to date. The company's 1st funding round was a Post-IPO of $55.16M, raised on Sep 26, 2016.
How many employees does Sezzle have?
As of Dec 31, 2024, the latest employee count at Sezzle is 408.
What is the annual revenue of Sezzle?
Annual revenue of Sezzle is $271.13M as on Dec 31, 2024.
What does Sezzle do?
Online platform for point of sale financing. It enables consumers to make installment payments for online and offline products at partnered stores. Repayments are auto-debited from the users registered bank account. It enables consumers to shop at multiple stores including footwear, home appliances, electronics, arts, pets, sports, outdoors, and more. It offers a dashboard for discovering stores, managing existing orders, rescheduling future payments, and more. The application is available on Android and iOS platforms.
What products or services does Sezzle offer?
Sezzle offers Sezzle App and Virtual Card.
Is Sezzle publicly traded?
Yes, Sezzle is publicly traded on NASDAQ under the ticker symbol SEZL.
Who are Sezzle's investors?
Sezzle has 5 investors. Key investors include Zip, Discover, Continental Investors, Bastion Capital London, and E-Merge.
What is Sezzle's ticker symbol?
The ticker symbol of Sezzle is SEZL on NASDAQ.
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