Katapult
NASDAQ: KPLTSan Francisco, US · Founded 2012 · Incorporated in Delaware · 3 known investors
Katapult offers a lease-to-own financing platform that lets consumers apply online and shop at over 200 retailers for furniture, electronics, appliances, and similar goods, making payments over time. It provides fast approval decisions without a traditional credit check as an alternative to conventional credit.
Founders & leadership
ST
Sterling TougasNamed on SEC filing
Investors · 3
Competitors · 4
by search overlapSnap Finance1356 shared keywordsSnap Finance offers consumer point-of-sale financing, including lease-to-own agreements, installment loans, and retail installment contracts, for shoppers buying items like tires, furniture, mattresses, appliances, and electronics. It uses alternative creditworthiness assessment beyond FICO scores and partners with over 100,000 retail stores across the US, serving more than 5 million customers.
Sezzle1231 shared keywords
Klarna1072 shared keywordsKlarna is a mobile banking and payments platform that offers flexible payment options, shopping features, and financial management tools to millions of users globally through partnerships with thousands of merchants.
Affirm1049 shared keywordsAffirm provides a point-of-sale financing platform that allows consumers to make purchases and pay over time, available online and in-store through its Affirm Card and browser extension integrations.
Companies competing with Katapult for the same Google search keywords, organic and paid, via search-intersection analysis.
Reported raises · per SEC filings
Form D private placements$25K disclosed across 1 round · 2014
▶$25KraisedAug 2014 · 1 investors · OtherRule 506(b)
▶$25KraisedAug 2014 · 1 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Sterling TougasExecutive Officer, Director
- Offering amount
- $200K
- Amount sold
- $25K
- First sale
- Jul 2014
- Incorporated
- Corporation, California, 2012
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Frequently asked questions
- What does Katapult do?
- Katapult offers a lease-to-own financing platform that lets consumers apply online and shop at over 200 retailers for furniture, electronics, appliances, and similar goods, making payments over time. It provides fast approval decisions without a traditional credit check as an alternative to conventional credit.
- Who are Katapult's investors?
- Katapult's investors include Blumberg Capital, Entrepreneurs Roundtable Accelerator (ERA), Maccabee Ventures.
- How much funding has Katapult raised?
- Katapult has disclosed $25K raised across 1 round.
- Where is Katapult headquartered?
- Katapult is headquartered in San Francisco, US.