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

Pleo Valuation: $4.7B After the Dec 2021 Series C (extension)

Private

Pleo was last valued at $4.7B (post-money). It comes from the $200M Series C (extension) of Dec 2021. The company is private, so there is no listed share price.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Pleo valuation · at a glance
Last valuation
$4.7B
POST-MONEY · DEC 2021
Lead investors
7
across 9 rounds
Raised across rounds
$476.7M
9 rounds
Date of last round
May 2024
closed 1 May 2024
Valuation history

How the Pleo valuation has moved

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 rounds

Pleo rounds and the valuation each one set

9 rounds
Round
Date
Amount
Valuation
Basis
Debt LATEST
1 May 2024
$42.7M
—
—
Series C (extension)
15 Dec 2021
$200M
$4.7B
POST-MONEY
Series C (initial)
1 Jul 2021
$150M
$1.7B
POST-MONEY
Series B
1 May 2019
$56M
$255M
POST-MONEY
Series A
1 Jun 2018
$16M
$56.3M
POST-MONEY
Seed
1 Feb 2017
$4.4M
$19.9M
POST-MONEY
Seed
1 Sep 2016
$3M
—
—
Seed
1 May 2016
$555K
—
—
Seed
1 Oct 2015
$4.1M
—
—
Lead investors
Leads: Coatue Management, Creandum, Founders, HSBC Innovation Banking, Kinnevik, Speedinvest, Stripes.
Full funding history — Pleo profile ›
What the valuation means

What the $4.7B actually measures

A private valuation is the price agreed in one transaction. The Pleo valuation of $4.7B is a post-money figure from the Series C (extension) dated 15 Dec 2021 — the whole company measured after the $200M raised in that round was already inside it. Subtract the round and the pre-money view of the same deal is $4.5B .

The valuation holds until the next priced round or secondary sale. A private company founded in 2015 has no daily price and no order book between rounds.

Where the $4.7B comes from
EventSeries C (extension), dated 15 Dec 2021
Basispost-money
Round size$200M
LeadCoatue Management

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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