How Much Did Marqeta Raise? Headquarters, Funding & Key Investors

Marqeta has raised $528 million across several major rounds, fueling its growth into one of the world’s leading card-issuing platforms. The company’s most significant raise came in Series E, where it secured $260 million led by Coatue Management, followed by multiple Series D rounds backed by Visa and ICONIQ Capital. Earlier rounds include a $25 million Series C, a $14 million Series B, and a $5.56 million Series A. Before its public debut, Marqeta also raised $150 million in an undisclosed round in 2020. With global scalability and strong fintech partnerships, Marqeta continues to dominate modern payments infrastructure.

How Much Did Marqeta Raise? Funding & Key Investors

Marqeta provides a modern card-issuing and payments platform that enables businesses to launch physical, virtual, and tokenized cards at scale. Its open API platform powers real-time authorization, fraud control, transaction routing, developer-friendly integrations, and custom payment workflows.

From digital banking to crypto cards, Marqeta serves leading fintechs, travel platforms, and enterprise businesses. The company’s modern processor architecture, built without legacy constraints, helps organizations innovate rapidly with flexible payment capabilities.

What Is Marqeta and What Does It Do?

Marqeta, founded in 2010 by Jason Gardner, is headquartered in Oakland, United States. The company offers a modern, cloud-native platform for card issuing, payment processing, and open-API-based expense and finance automation.

Marqeta enables the creation of physical cards, virtual cards, tokenized payments, real-time transaction authorization, and customizable workflows across banking, fintech, and commerce ecosystems.

Marqeta employs 854 people, helping global businesses power everything from digital banking and crypto spending to expense management and marketplace payments.

How Much Funding Has Marqeta Raised?

1. Series A

Amount Raised: $5.56 million
Date: June 2011
Motivation: To build the initial payments platform and scale engineering.

2. Series B

Amount Raised: $14 million
Date: May 2013
Lead Investors: Granite Ventures
Motivation: To invest in infrastructure, product expansion, and early hiring.

3. Series C

Amount Raised: $25 million
Date: October 2015
Lead Investors: IA Capital, CommerzVentures, Max Levchin
Motivation: To support U.S. expansion and strengthen global reach.

4. Series D

Amount Raised: $25 million
Date: July 2017
Lead Investors: Visa
Motivation: To expand strategic partnership with Visa and build global capabilities.

5. Series D (Extension)

Amount Raised: $45 million
Date: June 2018
Lead Investors: ICONIQ Capital, Visa
Motivation: To scale new products and enhance market penetration.

8. Series E

Amount Raised: $260 million
Date: May 2019
Lead Investors: Coatue Management
Motivation: To accelerate international expansion and enterprise adoption.

Total Funding Raised: $528 Million

Latest Funding Date: May 2020 (pre-IPO)

Key Investors

1. Visa

Details: Visa is a global payments leader enabling secure digital transactions across 200+ countries.
Investment Focus Areas: Fintech, payments infrastructure, digital banking.
Notable Investments: Square, Stripe, Klarna, Marqeta.

2. Coatue Management

Details: A global technology-focused investment firm backing high-growth companies.
Investment Focus Areas: Fintech, software, consumer tech, AI.
Notable Investments: DoorDash, Chime, Instacart.

3. Commerce Ventures

Details: VC firm investing in early-stage technologies transforming commerce and financial services.
Investment Focus Areas: Retail tech, payments, financial services.
Notable Investments: Bill.com, Socure, Marqeta.

4. 83North

Details: Global venture capital firm backing European and Israeli founders.
Investment Focus Areas: Fintech, SaaS, marketplace tech.
Notable Investments: Just Eat, Wolt, iZettle.

5. Granite Ventures

Details: VC firm investing in early-stage technology companies for over two decades.
Investment Focus Areas: Enterprise software, cloud infrastructure, payments.
Notable Investments: Good Technology, Tumbleweed Communications.

Where Is Marqeta’s Headquarters?

Marqeta is headquartered in Oakland, California, a strategic hub for fintech innovation, engineering talent, and proximity to global payment ecosystem partners, including Visa and fintech unicorns operating across Silicon Valley.

What’s Next for Marqeta?

Marqeta is positioned to scale its modern issuing platform globally as demand for API-driven financial products accelerates. Its partnership with Visa, expansion into credit card issuing, and movement into the crypto, travel, and embedded finance sectors open ample growth opportunities. As enterprises increasingly require flexible, cloud-native payment infrastructure, Marqeta is poised to capture a substantial global market share.

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