# Pleo Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pleo-technologies

- Industry: Financial Services
- Headquarters: Copenhagen, Denmark
- Website: www.pleo.io
- Total disclosed funding: $429M
- Latest round: Series C (Dec 8, 2021)
- Investors on record: 12

## About

Founded in 2015 and based in Copenhagen, Denmark, Pleo Technologies Ltd. provides smart payment cards for employees. The firm was founded by Jeppe Rindom and Niccolo Perra and as of July 2021, it has more than 330 employees across London, Stockholm, Berlin, Madrid, and Copenhagen. In May 2024, Pleo Technologies Ltd. raised EUR 40 million in debt funding from investor HSBC Innovation Banking.

Pleo Technologies Ltd. offers smart company credit card solutions for employees with financial limits and allows companies to control employees spending on a credit card.

The firm generates revenue by providing subscription plans to companies that provide payment cards which start at GBP 6 for small businesses and GBP 10 for additional professional features.

## Funding rounds

- Series C, Dec 8, 2021, $200M — Bain Capital, Founders Fund, Creandum, Stripes, Kinnevik, Coatue Management, Alkeon Capital Management, Thrive Capital, Seedcamp
- Series C, Jul 6, 2021, $150M — Bain Capital, Founders Fund, Creandum, Stripes, Kinnevik, Thrive Capital, Seedcamp
- Series B, May 13, 2019, $56M — Founders Fund, Creandum, Stripes, Kinnevik
- Series A, May 30, 2018, $16M — Creandum, Kinnevik, Seedcamp
- Seed, Feb 15, 2017, $3.3M — Founders Fund, Creandum, Seedcamp
- Seed, Sep 15, 2016, $3M — Founders Fund, Bestseller, WILLIAM DEMANT
- Seed, May 26, 2016, $0.6M — Speedinvest
- Seed, Aug 1, 2015 — Founders Fund

## Investors

- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Seed, Series B, Series C
- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Seed
- Bestseller — Seed
- WILLIAM DEMANT — Seed
- Creandum (https://capitalatlas.ai/funds/creandum) — Seed, Series A, Series B, Series C
- Seedcamp (https://capitalatlas.ai/funds/seedcamp) — Seed, Series A, Series C
- Kinnevik (https://capitalatlas.ai/funds/kinnevik) — Series A, Series B, Series C
- Stripes (https://capitalatlas.ai/funds/stripes) — Series B, Series C
- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series C
- Thrive Capital (https://capitalatlas.ai/funds/thrive-capital) — Series C
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series C
- Alkeon Capital Management (https://capitalatlas.ai/funds/alkeon-capital-management) — Series C