Cardless key facts
as of Oct 2026- Provider of credit card services intended to connect customers and brands on one platform.
- Cardless is valued at approximately $216.0M as of Oct 2026, set at its later-stage round, Sep 2025; nothing has traded since, per PrivateMarketView’s mark.
- It has raised $239.3M across 3 recorded rounds; the latest was Later Stage VC (Series C) ($60.0M) in Sep 2025.
- Notable investors include Spark Capital, Team Ignite Ventures, Greycroft, TriplePoint Capital, Pear (California) — 34 tracked in total.
- Cardless has filed 2 Form Ds with the SEC, most recently Aug 2021 ($38.4M sold to 22 investors).
- Status: Privately Held (backing).
Valued at $216.0M at its later-stage round, Sep 2025. Nothing has traded since.
- ·The complete investor list: 34 names
- ·Everyone on the team, board and advisors included
- ·Watch Cardless: the Monday email on marks, rounds and moves
Cardless funding rounds
3 roundsCardless leadership
- Ailien PhanChief Compliance Officer
- Anisha JoshiDirector of Finance
- Fitz TepperChief Operating Officer
- Hana KhoslaChief Financial Officer
Who backs Cardless
34+Cardless valuation
Cardless was valued at $216 million at its later-stage round in Sep 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.
How much has Cardless raised?
Cardless has raised $239 million in total; 3 of its rounds are on record, from 2020 on. The largest on record was a $7.2 million early-stage round in Jan 2020; the most recent was a $60 million Series C in Sep 2025.
Cardless has filed 2 Form Ds with the SEC, most recently in Aug 2021 ($38.4 million sold to 22 investors).
Cardless investors
34 investors are on record for Cardless, including Spark Capital, Team Ignite Ventures, Greycroft and TriplePoint Capital. By type, the record holds 13 venture capital firms and 1 private equity firm. The Series C in Sep 2025 drew 3 investors.
Who runs Cardless
6 people are listed on the Cardless team: 6 executives, including Michael Spelfogel (Co-Founder) and Scott Kazmierowicz (Co-Founder). 6 of them have a verified direct contact on file.
Comparable companies
Comparable other financial services names by valuation on PrivateMarketView: Honest ($257 million), Lightyear (Financial Software) ($233 million) and Solv (Financial Services) ($200 million).
About Cardless
Provider of credit card services intended to connect customers and brands on one platform. The company offers an application that assists users in tracking purchases, making payments, and selecting rewards while permitting brands to reward loyal customers and fans with reward points in the form of experiences, merchandise, and exclusive offers, enabling clients to manage their financial accounts.
- Industry
- Other Financial Services
- Sector
- Financial Services
- HQ
- San Francisco, CA, United States
- Founded
- 2019
- Employees
- 47
- Website
- cardless.com/
- Ownership
- Privately Held (backing)
Is this your company? Sign in with your work email to keep it current, or tell us what's wrong.