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Pipe

Embedded fintech platform offering capital, cards, and expense management for vertical SaaS and marketplaces.
Fintech 📍 Miami, FL Founded 2019
Current Valuation
$2.0B
as of 2021-Q2
UNICORN

IPO Outlookprivate

Is Pipe going public?
No. Pipe is private and has not filed to go public. There is no S-1 on file.
What is Pipe's valuation in 2026?
Pipe is valued at $2.0B as of 2021-Q2, set by its Venture Round ($16M, Apr 2026). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Pipe filed an S-1?
No public S-1 is on file for Pipe.
Who are Pipe's investors?
Pipe's investors include Fin Capital, MaC Venture Capital, Greenspring Associates, Counterpoint Global, Social Capital, MSD Capital and 2 more.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Pipe is an embedded fintech platform that provides capital-as-a-service, corporate cards, and expense management for vertical SaaS platforms and marketplaces. Following a strategic pivot in 2023, the company now focuses on enabling platforms to offer seamless financial solutions to their SMB customers.

Company Profile

CEO
Luke Voiles
Founded
2019
HQ
Miami, FL
Employees
~80
Total Raised
$453M
Est. Revenue
$21.3M (2025)
Growth
3x year-over-year revenue growth in 2025 after strategic pivot to embedded capital.
Last Round
Venture Round — $16M (Apr 2026) · Lead: Fin Capital
IPO Status
private

Fundraising Status

Venture Round · $16M · 4 mo ago
privateTotal raised $453M

Secondary Market

Implied price / share
$11.17
Open interest
2
Secondary price return by period
Secondary market period returns3-month+60.3%6-month+70.8%1-year+73.7%All-time-84.0%
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Venture Round$16MApr 2026Fin Capital

Talent Signal

Hiring trend
First snapshot
trend accrues with monthly sweeps
Open roles
7
via careers page
Product-build share
57%
engineering, research, product, design
Trajectory
steady
product-led hiring — 57% of open roles build product; the rest are go-to-market and G&A.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by month7Aug '26
Open roles by function
Open roles by functionFinance & Strategy3Engineering3Product1
product-building   go-to-market / G&A
Senior Software Engineer\\ \\ Remote, North AmericaLead Infrastructure Engineer\\ \\ Remote, North AmericaDirector of Engineering\\ \\ Remote, United StatesProduct Manager\\ \\ Remote, North AmericaHead of Risk, Decision Science & Portfolio Strategy\\ \\ Remote, United StatesFinancial Analyst\\ \\ Remote, North America
Counted from Pipe's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Harry HurstJosh MangelZain Allarakhia

Investors

Fin Capital · MaC Venture Capital · Greenspring Associates · Counterpoint Global · Social Capital · MSD Capital · Republic · Tribe Capital

Products

  • Pipe Capital
  • Pipe Cards
  • Embedded Financing
  • Expense Management

Competitors

Stripe Capital · Square Capital · Ramp · Capchase
FintechSaaSEmbedded FinanceLendingExpense ManagementB2B
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2021-Q2. Refreshed quarterly.