Imprint Secures $130 Million Funding At $1.88 Billion Valuation

Imprint, a startup that builds co-branded credit cards for retailers, has raised $130 million at a $1.88 billion valuation, up from its previous $1.2 billion valuation. The round includes new investor Positive Sum, co-founded by Patrick O'Shaughnessy, alongside existing backers Ribbit, Thrive, Kleiner Perkins and Khosla Ventures. Imprint’s clients include Albertsons, Kroger, Shell and H-E-B, while its cardholder base has grown from approximately 15,000 three years ago to more than 2 million. The company expects to generate about $400 million in GAAP revenue this year, representing 150% growth.

FOUNDERS: Daragh Murphy, Gaurav Ahuja & Michael Pechman

INVESTORS: Positive Sum, Ribbit Capital, Thrive Capital, Kleiner Perkins, Khosla Ventures

AMOUNT: $130,000,000 VALUATION: $1,880,000,000

HQ: New York City, New York

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