# Katapult Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/katapult-group

- Industry: Software
- Headquarters: New York, US
- Website: www.zibby.com
- Total disclosed funding: $16M
- Latest round: Series B (Jun 1, 2016)
- Investors on record: 4

## About

Based in New York, US, and founded in 2014, Katapult Group Inc., formerly known as Zibby, provides alternative purchase solutions for retailers and consumers. The company was co-founded by Andrew Hancox, Ashutosh Saxena, Chinedu Eleanya, and Brandon Wright. 

The company provides a consumer leasing platform for online, brick and mortar, and omnichannel retailers. Consumers can acquire furniture, appliances, electronics, and other consumer durables through a lease payment option.

The company generates its revenue by offering customers a lease purchase transaction in purchasing an item through flexible pay-over-time options.

## Funding rounds

- Series B, Jun 1, 2016, $13M — Blumberg Capital, Victory Park Capital, Tribeca Venture Partners
- Series A, Nov 19, 2014, $3M — Blumberg Capital, Tribeca Venture Partners, Entrepreneurs Roundtable Accelerator

## Investors

- Blumberg Capital (https://capitalatlas.ai/funds/blumberg-capital) — Series A, Series B
- Tribeca Venture Partners (https://capitalatlas.ai/funds/tribeca-venture-partners) — Series A, Series B
- Entrepreneurs Roundtable Accelerator (https://capitalatlas.ai/funds/entrepreneurs-roundtable-accelerator) — Series A
- Victory Park Capital (https://capitalatlas.ai/funds/victory-park-capital) — Series B