# Purchasing Power: Financial Services, Atlanta, United States

> Purchasing Power: Purchasing Power is an Atlanta-based, industry-leading voluntary benefit program offering eligible customers access to brand-name consumer...

Source: https://millionrounds.com/startup/purchasing-power (Millionrounds; every figure on the page links to its filing or article)

United States · [Financial Services startup](https://millionrounds.com/companies)

# Purchasing Power

Purchasing Power is an Atlanta-based, industry-leading voluntary benefit program offering eligible customers access to brand-name consumer products and vacation packages through co

Email

Funding reported Last round: Debt financing

Financial Services Atlanta, United States

Follow Purchasing Power and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fstartup%2Fpurchasing-power)

Company summary

- **Founded:** 2001 25 years old
- **Team:** 474 201 to 1,000 people
- **Funding reported:** $822M in dollars
- **Last round:** Debt financing Oct 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Purchasing Power has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Purchasing Power

Purchasing Power is an Atlanta-based, industry-leading voluntary benefit program offering eligible customers access to brand-name consumer products and vacation packages through co

nvenient payroll deduction, while promoting financial wellness and responsibility. Our program is provided through employers, and offered as a special program for federal civilian employees, retirees, and retired military.* Mission: Purchasing Power believes in Powering People to a Better Life by offering a means for them to obtain the small (and sometimes big!) things that improve the quality of their lives. Learn more at corp.purchasingpower.com *Active duty military are not eligible.

## What company datasets say Purchasing Power raised

Funding, as reported

Reported in all **$822M** in dollars

Rounds **4**

Last round **Debt financing**

Last round date **Oct 2024**

## Founders and team

From Purchasing Power's own website: 6 on the team.

- **Lee Wright** President of Purchasing Power
- **Assad Lazarus** Chief Commercial Officer
- **Greg Birge** Chief Legal Officer & Corporate Secretary
- **Popup Close** Chief Legal Officer & Corporate Secretary
- **Prakash Muthukrishnan** Chief Technology Officer
- **Robin Holland** Chief Operating Officer

## How it ended, so far

Exit

Exit Buyer Price When

Acquired Rockbridge Growth Equity undisclosed Jan 2011

## Financial Services in United States

Startups like it

- [**EpicMarkets** New York *Raised*](https://millionrounds.com/company/epic-markets)
- [**Freepoint Commodities** Stamford · founded 2001](https://millionrounds.com/startup/freepoint-commodities)
- [**Apollo** New York · founded 1990](https://millionrounds.com/startup/apollo-5)
- [**Archwest Capital** Irvine · founded 2021](https://millionrounds.com/startup/archwest-capital)
- [**Aircastle** Stamford · founded 2005](https://millionrounds.com/startup/aircastle)
- [**Neuehealth** Minneapolis · founded 2015](https://millionrounds.com/startup/neuehealth)
- [**Opportunity Finance Network** Washington · founded 1986](https://millionrounds.com/startup/opportunity-finance-network)
- [**Chime** San Francisco · founded 2012](https://millionrounds.com/startup/chime-2)

## Is this your company?

Add your raise, your deck and your story, and put Purchasing Power in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)