Purchasing Power logo — Purchasing Power offers what has become one of the country's...

Purchasing Power

Purchasing Power offers what has become one of the country's premier purchase programs for employees

Founded 2001 13 employees Acquired Total: $822.00M

General Information

Company Name Purchasing Power
Founded Year 2001
Founders / Decision Makers
Team member
Employees 13
Funding Stage Acquired
Social

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About Purchasing Power

Purchasing Power, established in 2001, is a prominent Atlanta-based company specializing in voluntary benefit programs. Offering one of the country's foremost purchase programs, Purchasing Power facilitates employee acquisition of consumer goods and services through a unique payroll deduction model. This strategy positions the company as a viable alternative to traditional credit, particularly appealing to those who are cash-strapped or opt against using credit cards.

Recently, the company secured a substantial $225.00M debt financing investment on 01 March 2026, indicating strong confidence in its business model and future growth prospects. Despite the lack of specified industries or investor details, the company's robust market presence and innovative financial solutions for employees mark it as a compelling prospect for venture capitalists and investors aiming to penetrate the employee benefits sector.

Business keywords: employee purchase program, voluntary benefits, non-traditional benefits, employee benefits, financial wellness solutions, payroll deduction payment, eCommerce retailer, brand-name retailer partnerships, employee total rewards, human resources solutions, compensation enhancements

Funding Rounds & Investors (5)

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Funding Stage Amount Investors Lead Investors Date
Debt Financing $225.00M -
01 Mar 2026
Acquisition $420.00M 1
PROG Holdings
01 Dec 2025
Debt Financing $177.00M 1
Waterfall Asset Management
01 Sep 2023
Debt Financing Undisclosed 1
Bregal Sagemount
01 Jan 2016
Growth Equity VC Undisclosed 1
Rockbridge Growth Equity, LLC
01 Jan 2011

Purchasing Power Alternatives & Competitors

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Purchasing Power vs
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FAQ About Purchasing Power

Purchasing Power offers what has become one of the country's premier purchase programs for employees
Purchasing Power was founded in 2001.
Purchasing Power has approximately 13 employees.
Purchasing Power has completed 5 funding rounds, raising a total of $822.00M. The latest funding stage is Acquired.
Top alternatives and competitors to Purchasing Power include Wagmo, Complete Benefit Alliance, The Olson Group, Inc, BenefitsDirect, Risty Benefits. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Purchasing Power and Wagmo are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Purchasing Power, https://bouncewatch.com/company/purchasing-power, updated 17 May 2026. When citing, please name BounceWatch and link this page.

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