#United States #New York #Atlas Card #Concierge Service #Series B Funding

Atlas Card Secures $27 Million in Series B Funding

Atlas Card, known for its innovative approach to concierge services and charge cards, has successfully completed a Series B financing round worth $27 million. This significant funding comes as a result of strong organic growth and an exclusive membership base that has experienced exceptional engagement without relying on paid advertising.

Founded with the vision of providing members with unparalleled access to premium experiences, Atlas Card combines an elegant charge card with a user-friendly mobile app and an efficient text-based concierge service. Members benefit from a range of exclusive perks, including coveted restaurant reservations, luxurious hotel upgrades, and invitations to sold-out events. The focus on a seamless spending experience, combined with a premium card design and advanced features like no pre-set spending limits, positions Atlas Card uniquely in a competitive market.

This recent funding round was spearheaded by Michael Gilroy and Gokul Rajaram from Marathon, and included notable angel investors such as Eric Schmidt, Olaf Carlson-Wee, and Anton Levy. Michael Gilroy expressed enthusiasm for the company's potential, noting the strong data behind member engagement and the stickiness of the business model. He highlighted the founder's commitment to innovation and grit, which is crucial for the ongoing development of Atlas Card.

In the previous year, Atlas Card surpassed $200 million in annual spending while experiencing double-digit growth month over month. The company’s leaders are optimistic about the future, setting ambitious goals for 2025 that include reaching over $1 billion in purchase volume and expanding access across various new markets and categories. This growth will not only provide members with more opportunities but will also maintain Atlas Card's commitment to delivering unmatched convenience.

Patrick Mrozowski, the founder and CEO, has played an active role in building a strong foundation for the service since onboarding their first member just last summer. His dedication is reflected in the personal attention given to the first 500 members, a move that emphasizes the importance of community and personalized service within the company.

As Atlas Card continues to grow, it remains focused on the mission of connecting members with extraordinary experiences. The firm sets itself apart by fostering meaningful relationships with both members and partners, unlocking access to benefits that competitors may not be able to offer. With such a solid groundwork and rare advantages within its offerings, Atlas Card is poised for a remarkable future in the fintech sector.

For more details about Atlas Card and membership inquiries, visit atlascard.com.