Plaid

SoftwareSeries DSan Francisco, USplaid.com

Latest round

Series D

Last raised

Aug 2021

Total raised

$711M

Investors

20

About Plaid

Plaid Inc.Plaid Inc. was founded in 2013 and is headquartered in San Francisco, US. The company specializes in providing financial technology solutions that empower businesses to integrate banking services into their applications. The founders, Zachary Perret and William Hockey, established Plaid to facilitate easier access to financial data for developers.Plaid is a leading provider of financial technology solutions, primarily focusing on empowering companies to build fintech applications through its robust network. The core offerings include APIs that connect applications to real-time insights and financial data, facilitating seamless bank payments, identity verification, and transaction monitoring. These solutions address various use cases such as enhancing customer onboarding, improving transaction security through machine learning-powered fraud signals, and providing real-time lending insights. Plaid serves a diverse client base, including well-known brands like Venmo, Robinhood, and Affirm, and caters to industries ranging from banking and lending to property management and gaming.Plaid generates revenue primarily through partnerships with financial institutions and fintech companies that utilize its suite of API services. The transaction structure typically involves B2B relationships, where clients pay for access to Plaid’s data connectivity solutions, enhancing their own platforms’ functionality. Each service is offered at a tailored pricing plan that aligns with the usage patterns of the clients, enabling scalable payment solutions that drive higher conversion rates. Services such as identity verification and transaction monitoring are integral to the financial ecosystem, providing essential support for companies looking to reduce fraud and streamline their services.In April 2025, Plaid Inc. The company is planning to expand its product offerings and target new markets to enhance its reach in the financial technology sector.

Who invested in Plaid

20 investors across 5 rounds

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Funding rounds

  1. Series D

    Aug 17, 2021

    Amount

    Undisclosed

    Investors

    Locked

  2. Series D

    Apr 4, 2021

    Amount

    $432M

    Investors

    Locked

  3. Series C

    Dec 3, 2018

    Amount

    $236M

    Investors

    Locked

  4. Series B

    Jun 3, 2016

    Amount

    $40M

    Investors

    Locked

  5. Series A

    Jul 3, 2013

    Amount

    $2.8M

    Investors

    Locked

Questions about Plaid

Who invested in Plaid?

Plaid has 20 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Plaid raised?

Plaid has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Plaid last raise money?

Plaid's most recent round on record is a Series D, in Aug 2021.

What does Plaid do?

Plaid is a software company.

Where is Plaid headquartered?

Plaid is headquartered in San Francisco, US.

Which VCs invest in companies like Plaid?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Plaid's stage. Their profiles are linked below.

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