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PLEO
Pleo
Business spend management / corporate cards fintech · Copenhagen · Denmark · Founded · 2015

Pleo Company Profile

Private

Founded in 2015, Pleo operates in business spend management / corporate cards fintech. Investors last valued the company at $4.7B. No public ticker exists for the company.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Pleo at a glance
Last valuation
$4.7B
POST-MONEY · DEC 2021
Raised across rounds
$476.7M
9 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
HOOD—
HOOD-PERP · live
Valuation history

Pleo valuation history

5 valuations. The latest, $4.7B post-money, was set by the Series C (extension) in Dec 2021.

$4.7B
Feb 2017
$19.9M
Seed · post-money
Jun 2018
$56.3M
Series A · post-money
+183% vs prior valuation
May 2019
$255M
Series B · post-money
+353% vs prior valuation
Jul 2021
$1.7B
Series C (initial) · post-money
+567% vs prior valuation
Dec 2021
$4.7BLATEST
Series C (extension) · post-money
+176% vs prior valuation
Latest valuation
$4.7Bpost-money
Set by the Series C (extension) · 15 Dec 2021
×236.2since the $19.9M Seed in Feb 2017
Valuations
5
Priced rounds with a valuation
Event type
Primary round
The Series C (extension) · $200M raised
Funding history

Pleo funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Seed
Oct 2015
$4.1M
—
—
—
Seed
May 2016
$555K
—
Speedinvest
—
Seed
Sep 2016
$3M
—
Founders
—
Seed
Feb 2017
$4.4M
$19.9M
Creandum
—
Series A
Jun 2018
$16M
$56.3M
Kinnevik
+182.9%
Series B
May 2019
$56M
$255M
Stripes
+352.9%
Series C (initial)
Jul 2021
$150M
$1.7B
—
+566.7%
Series C (extension)
Dec 2021
$200M
$4.7B
Coatue Management
+176.5%
Debt
May 2024
$42.7M
—
HSBC Innovation Banking
—
Pleo · investors

Investors

HHSBC Innovation BankingLEADCoatue ManagementLEADStripesLEADKKinnevikLEADCCreandumLEADFFoundersLEADSSpeedinvestLEADBain Capital VenturesThrive CapitalSSeedcamp
Will Pleo IPO?
Founded
2015
Oct 2015
Seed
May 2024
Debt
IPO
Not announced
No filing has been made.
Pleo — the private market
Last valuation$4.7B · post-money · Dec 2021
Total raised$476.7M
Lead investors
HSBC Innovation BankingCoatue ManagementStripesKinnevik
IPO statusNot announced
Founded · HQ2015 · Copenhagen · Denmark
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About Pleo

Pleo is a Copenhagen-based fintech founded in 2015 that gives businesses smart company payment cards paired with expense-management software, so employees can pay for what they need at work while finance teams keep control over spending. The platform syncs every transaction automatically to accounting tools and lets teams track, cap and manage vendor spend from one place.

One customer cited in Pleo's own materials used to process 3,000 reimbursements a year by hand through bank transfers and manager approvals, a task the company says now takes a single click.

The money screen · ranked by accessibility

How to get Pleo exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Pleo.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. Pleo availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Pleo included.

No account needed

Pleo stock — frequently asked questions

Who are Pleo's competitors?›

The closest business spend management / corporate cards fintech peers are on the competitors page.

How can I get exposure to Pleo?›

The routes section explains what is realistically available for a company at this stage.

Is Pleo publicly traded?›

No. Pleo is a private company; its shares do not trade on a public exchange.

What is Pleo's valuation?›

The last valuation is $4.7B.

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