Cardless

Other Financial Services · San Francisco, CA · Founded 2019 · Privately Held (backing)

Provider of credit card services intended to connect customers and brands on one platform. Cardless is based in San Francisco, CA and was founded in 2019. It was valued at $216 million at its later-stage round in Sep 2025, the last priced event on record. It has raised $239 million across 3 recorded rounds; the latest was a $60 million Series C in Sep 2025.

PMV mark · valuation
$216.0M
Oct 2026
Priced at
its later-stage round
Sep 2025
Total raised
$239.3M
Last round
Later Stage VC (Series C)
Sep 2025
What is Cardless worth?
$216.0MPrivateMarketView mark · Oct 2026

Valued at $216.0M at its later-stage round, Sep 2025. Nothing has traded since.

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Valuation timeline

0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026
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Markrounds hold their value until the next priced eventMark, today
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Cardless funding history

3 rounds
DateRoundRaisedPost-money
Sep 2025Later Stage VC (Series C)$60.0M▮
Apr 2021Early Stage VC$38.4M▮
Jan 2020Early Stage VC$7.2M▮
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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).

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).

How Cardless's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Cardless, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →

Frequently asked about Cardless

What is Cardless worth?
Cardless is valued at $216.0M as of Oct 2026. Valued at $216.0M at its later-stage round, Sep 2025. Nothing has traded since.
How much has Cardless raised?
Cardless has raised $239.3M in total funding across 3 recorded rounds.
When did Cardless last raise?
Cardless last raised in Sep 2025 (Later Stage VC (Series C)), raising $60.0M.