Plastiq
Latest round
- Series D
Last raised
- Dec 2019
Total raised
- $125M
Investors
- 12
About Plastiq
Plastiq Inc.Founded in 2012 in San Francisco, US, Plastiq Inc. is a payment processing company that enables businesses to utilize credit card payments for vendors who usually do not accept them.201 mn.Plastiq specializes in a flexible payment platform that enables businesses to pay by credit card, even when their vendors do not traditionally accept card payments. The core functionality of Plastiq's services includes processing payments via domestic or international wires, same-day ACH transfers, or overnight checks, effectively streamlining the payment process for businesses. This offering addresses key challenges related to cash flow management, allowing users to defer payments to optimize their financial operations. Plastiq's customer base encompasses a diverse range of industries, including e-commerce, construction, and accounting firms, serving both small and large businesses across multiple geographical markets such as the United States, Canada, and additional global locations.90% on each payment processed via credit card transactions. The platform facilitates business transactions that allow users to leverage their existing credit cards or bank accounts to pay vendors, thus extending cash flow while ensuring timely vendor payments. Clients can choose various delivery methods for payments, including electronic transfers or checks, depending on vendor preferences. The pricing structure is designed to cater to a broad audience, from individual membership clubs to large enterprises in sectors such as wholesale and manufacturing.In May 2023, Plastiq Inc. filed for Chapter 11 bankruptcy protection. The company has not disclosed specific new products currently in development or plans for geographical expansion.
Who invested in Plastiq
12 investors across 7 rounds
See all investors in Plastiq
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Series D
Dec 31, 2019
Amount
$70M
Investors
Series C
Oct 2, 2018
Amount
$27M
Investors
Series B
Feb 23, 2017
Amount
Undisclosed
Investors
Series B
Feb 8, 2016
Amount
$10M
Investors
Series B
Jul 2, 2014
Amount
$10M
Investors
Series A
Jan 23, 2013
Amount
$5.9M
Investors
Series A
Apr 27, 2012
Amount
$2.4M
Investors
Questions about Plastiq
Who invested in Plastiq?
Plastiq has 12 investors on record across 7 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Plastiq raised?
Plastiq has raised 7 venture rounds. Sign up free to see how much each round raised and the total.
When did Plastiq last raise money?
Plastiq's most recent round on record is a Series D, in Dec 2019.
What does Plastiq do?
Plastiq is a financial services company.
Where is Plastiq headquartered?
Plastiq is headquartered in San Francisco, US.
Which VCs invest in companies like Plastiq?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Plastiq's stage. Their profiles are linked below.
VCs backing financial services startups at Series D
Raising like Plastiq? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.