Insights

Strategic buyers Purchasing Power operates as a voluntary benefits program targeting employers and federal civilian employees, suggesting sales opportunities through enterprise accounts, benefits brokers, and government-focused clients seeking employee financial wellness programs.

Acquisition risk Recent news indicates a potential acquisition by PROG Holdings, implying heightened diligence from large consolidators; sales teams should prepare to engage as strategic partners or explore competitive positioning and retention strategies with current clients.

Scale and funding With substantial revenue and financing capacity, the company has room to expand payroll-deducted purchase programs, enabling cross-sell of additional consumer financing, wellness, or perks packages to employers already offering the program.

Leadership growth Recent hires in national sales and commercial leadership signal a push to deepen market penetration; leverage new executives to initiate executive conversations, case studies, and co-branded campaigns for enterprise prospects.

Industry momentum The intersection of financial wellness and employee benefits, plus upcoming industry events, presents opportunities to align with HR tech and benefits platforms through partnerships, integrations, and joint marketing at conferences.

Similar companies to Purchasing Power

Purchasing Power Tech Stack

Purchasing Power uses 8 technology products and services including iCIMS, Drupal, Google BigQuery, and more. Explore Purchasing Power's tech stack below.

Media & News

Purchasing Power's Email Address Formats

Purchasing Power uses at least 4 email formats:
Purchasing Power Email FormatsExamplePercentage
FLast@purchasingpower.comJDoe@purchasingpower.com
89%
First.Last@purchasingpower.comJohn.Doe@purchasingpower.com
7%
Last@purchasingpower.comDoe@purchasingpower.com
2%
LFirst@purchasingpower.comDJohn@purchasingpower.com
2%

Frequently Asked Questions

What is Purchasing Power's phone number?

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You can contact Purchasing Power's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is Purchasing Power's official website and social media links?

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Purchasing Power's official website is purchasingpower.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does Purchasing Power generate?

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As of August 2026, Purchasing Power's annual revenue is estimated to be $250M - $500M.

What is Purchasing Power's SIC code and NAICS code?

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Purchasing Power's SIC code is 5961 - Catalog and Mail-Order Houses and NAICS code is 52 - Finance and Insurance.

How many employees does Purchasing Power have currently?

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As of August 2026, Purchasing Power has approximately 468 employees across 5 continents, including North America, Asia and Europe. Key team members include Chief Client & Development Officer: M. A., Chief Financial Officer: R. O. and Chief Financial Officer: S. R. Explore Purchasing Power's employee directory with LeadIQ.

What industry does Purchasing Power belong to?

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Purchasing Power operates in the Financial Services industry.

What technology does Purchasing Power use?

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Purchasing Power's tech stack includes iCIMS, Drupal, Google BigQuery, Figma, Marketo, Salesforce Marketing Cloud Account Engagement, Microsoft Azure and MuleSoft.

What is Purchasing Power's email format?

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Purchasing Power's email format typically follows the pattern of FLast@purchasingpower.com. Find more Purchasing Power email formats with LeadIQ.

How much funding has Purchasing Power raised to date?

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As of August 2026, Purchasing Power has raised $620M in funding. The last funding round occurred on Nov 15, 2024 for $218M.

When was Purchasing Power founded?

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Purchasing Power was founded in 2001.
Purchasing Power logo

Purchasing Power

Financial ServicesGeorgia, United States201-500 Employees

Purchasing Power is a mid-sized financial services company based in Atlanta, Georgia, operating a voluntary benefit program delivered through employers. This program grants eligible customers access to brand-name consumer products and vacation packages via payroll deduction, supporting financial wellness and responsibility. Its target audience includes employers and groups such as federal civilian employees, retirees, and retired military, while active duty personnel are not eligible. The company's mission is to empower people to improve their lives by facilitating access to everyday goods and experiences. The firm is positioned within the financial services sector as a niche provider of employee purchase programs. In 2025, Purchasing Power announced leadership updates, including the appointment of Jason Steed as Vice President of National Sales & Market Development, indicating ongoing organizational development.

Section iconCompany Overview

Phone number
SIC Code
5961 - Catalog and Mail-Order Houses
NAICS Code
52 - Finance and Insurance
Founded
2001
Employees
201-500

Section iconFunding & Financials

  • $620M

    Purchasing Power has raised a total of $620M of funding over 5 rounds. Their latest funding round was raised on Nov 15, 2024 in the amount of $218M as a Debt Financing.

  • $250M - $500M

    Purchasing Power's revenue is estimated to be in the range of $250M - $500M

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