# Pluto Financial Services

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pluto-financial-services

- Industry: Financial Services
- Headquarters: Toronto, Canada
- Website: www.plutocard.io
- Total disclosed funding: $6M
- Latest round: Seed (Feb 3, 2022)
- Investors on record: 7

## About

Based in Toronto, ON, Canada, and founded in 2021, Pluto Financial Services Inc, dba Pluto provides unlimited corporate cards with spending controls for businesses. Nayeem Zen, Mo Aziz, and Mohammed Ridwan are the co-founders of the company. In February 2022, Pluto Financial Services Inc raised USD 6 million in Seed funding co-led by Global Founders Capital and GFC Rocket Internet including Ramp Business Corporation, Adapt Ventures, Graph Ventures, OldSlip Group, and Soma Capital. 

The company provides a spend management platform enabling businesses to take control over their business spending through unlimited, smart corporate cards with spend controls, automated receipt collection, and deep insights on spending data. Pluto’s product is a card designed to help businesses digitize their cash spending, focuses on meeting the needs of underserved SMBs. The firm's software also automates the process of receipt collection and reconciliation.

The organization plans to use the February 2022 funding to do more hiring, as well as secure bank partnerships and licenses.

## Funding rounds

- Seed, Feb 3, 2022, $6M — Graph Ventures, Global Founders Capital, Soma Capital, Ramp Business Corporation, Adapt Ventures, OldSlip Group, GFC Rocket Internet

## Investors

- Graph Ventures (https://capitalatlas.ai/funds/graph-ventures) — Seed
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed
- Soma Capital — Seed
- Ramp Business Corporation — Seed
- Adapt Ventures (https://capitalatlas.ai/funds/adapt-ventures) — Seed
- OldSlip Group (https://capitalatlas.ai/funds/oldslip-group) — Seed
- GFC Rocket Internet — Seed