Imprint, the innovative provider of co-branded credit cards, announced a significant boost in funding with a $75m Series C round.
The investment was led by Keith Rabois at Khosla Ventures, accompanied by contributions from existing investors such as Thrive Capital, Kleiner Perkins, and Ribbit Capital.
This new influx of capital has propelled Imprint’s valuation to an impressive $600m.
The company specializes in offering modern co-branded credit card solutions, partnering with high-profile brands to enhance customer loyalty and spending. Imprint’s proprietary technology, including a cloud-based credit card and risk management platform, leverages machine learning and AI to optimise cardholder engagement and brand experiences.
With the fresh capital, Imprint plans to further enhance its technology platforms and expand its successful co-brand programs. Several new partnerships with iconic brands are already in the pipeline, poised to launch soon, indicating robust growth and expansion strategies.
Daragh Murphy, co-founder and CEO at Imprint, expressed his enthusiasm about the new funding, stating, “This financing is another vote of confidence for our business and our vision to redefine the co-brand industry.
“We are proud to partner with iconic brands, and this new capital will enable us to continue to drive real business impact for our current and future partners.”
Echoing this sentiment, Keith Rabois, Managing Director at Khosla Ventures, highlighted Imprint’s exceptional performance, “Imprint’s metrics easily place them in the top 0.01% of startups.
“We are thrilled to lead this round and support the next stage of growth for a transformational company like Imprint.”
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