Affirm

Summary ipo Updated Mar 19, 2026

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Location San Francisco, CA
Founded 2012
Latest Stage IPO
Total Raised $1.5B
Website https://www.affirm.com
Sector
fintech consumer lending

Investors

Elad Gil Seed (2014)
José Marín Pre-Seed (2015)
Ron Conway Seed (2012)
Micky Malka Series E (2017)
David Sacks Angel-Seed (2012)
Keith Rabois ~2014 (2014)
Henry Ellenbogen Series G (2020)
Kareem Zaki Growth (2016)
Vinod Khosla Series A (2013)
Hans Tung Early (2014)
Meyer 'Micky' Malka Series F (2019)
Jeremy Liew Early (2013)
Cyan Banister Angel (2013)
Brian Singerman Early (2015)
Khosla Ventures Series A (2014)
Founders Fund Series D (2016)
Andreessen Horowitz Series B (2015)
Thrive Capital Series F (2019)
FJ Labs Pre-Seed (2015)
SV Angel Seed (2012)
Ribbit Capital Series E (2017)
Craft Ventures Angel-Seed (2012)
durable-capital-partners Series G (2020)
Notable Capital Early (2014)
lightspeed-venture-partners Early (2013)
Long Journey Ventures Angel (2013)
GPx Early (2015)

Founders

Max Levchin CEO & Founder
Nathan Gettings Co-Founder
Jeffrey Kaditz Co-Founder
Alex Rampell Co-Founder

About

Affirm is a buy now, pay later (BNPL) financial technology company founded in 2012 by Max Levchin, Nathan Gettings, Jeffrey Kaditz, and Alex Rampell as part of the initial portfolio of startup studio HVF 12. Levchin is a co-founder of PayPal. The company is based in San Francisco and went public on NASDAQ on January 13, 2021, closing its first day at $97.24 per share with a market value of $23.6 billion 3. Prior to IPO, Affirm had raised approximately $1.5 billion across 10 funding rounds 4.

Funding History

Round Date Amount Lead Investor(s) Key Co-Investors Valuation
Seed Apr 2014 $4M Max Levchin Peter Thiel —
Series A Jun 2014 $45M Khosla Ventures, Lightspeed Venture Partners Nyca Partners $115M
Series B May 2015 $275M Spark Capital Khosla Ventures, Andreessen Horowitz, Lightspeed, Jefferies $576M
Series C Sep 2015 $80M Spark Capital Khosla Ventures, Jefferies —
Series D Apr 2016 $100M Founders Fund Lightspeed, Spark Capital, Khosla Ventures, Andreessen Horowitz, Jefferies $800M
Series E Dec 2017 $200M GIC Khosla Ventures, Lightspeed, Founders Fund, Spark Capital, Caffeinated Capital, Ribbit Capital, Emerson Collective $2B
Series F Apr 2019 $300M Thrive Capital Fidelity, Baillie Gifford, Wellington Management, Sound Ventures, Founders Fund, GIC, Spark Capital, Lightspeed, Ribbit Capital, Moore Capital $2.9B
Series G Sep 2020 $500M GIC, Durable Capital Partners Lightspeed, Wellington, Baillie Gifford, Spark Capital, Founders Fund, Fidelity —
IPO Jan 2021 — — NASDAQ: AFRM, $49/share IPO price $23.6B

Sources: 123456

What Investors Say

No independently sourced investor testimonials found.

What Founders Say

No independently sourced founder testimonials found.

Sources

  1. Affirm Holdings, Wikipedia, accessed March 2026. https://en.wikipedia.org/wiki/Affirm_Holdings↩↩

  2. Affirm Investor Relations, “Management: Max Levchin,” accessed March 2026. https://investors.affirm.com/management/max-levchin/↩↩

  3. Built In San Francisco, “Affirm Surges to a $1.2B IPO Bringing Its Valuation to $23B+,” January 2021. https://www.builtinsf.com/articles/affirm-ipo-23b-valuation-fintech-unicorn-hiring↩↩

  4. Crunchbase News, “Affirm’s IPO Filing Reveals Nearly A Third Of Its Revenue Comes From A Single Customer,” accessed March 2026. https://news.crunchbase.com/venture/affirm-s1-ipo/↩↩

  5. FundBat, “Affirm (AFRM) - Funding Rounds, Valuation & Investors,” accessed March 2026. https://fundbat.com/company/affirm/↩

  6. Affirm Investor Relations, “Affirm announces series F round of equity funding, led by Thrive Capital,” April 3, 2019. https://investors.affirm.com/news-releases/news-release-details/affirm-announces-series-f-round-of-equity-funding-led-by-thrive-capital↩