What is Plaid?
Founded in 2013 and headquartered in San Francisco, California, Plaid empowers businesses to build seamless fintech solutions by simplifying the secure and reliable connection of financial data to various applications and services. The company has established itself as a critical enabler for the digital finance ecosystem, facilitating a wide range of financial services for consumers and businesses alike. Plaid's technology underpins numerous fintech applications, making it a cornerstone of modern financial infrastructure.
How much funding has Plaid raised?
Plaid has raised a total of $1.3B across 6 funding rounds:
Angel/Seed
$2.8M
Series A
$12.5M
Series B
$44M
Series C
$250M
Series D
$425M
Other Financing Round
$575M
Angel/Seed (2013): $2.8M with participation from New Enterprise Associates, Google Ventures, Felicis Ventures, Spark Capital, and Homebrew
Series A (2014): $12.5M led by Homebrew Ventures, Spark Capital, and Felicis Ventures
Series B (2016): $44M supported by Goldman Sachs, Spark Capital, GV, and BoxGroup
Series C (2018): $250M featuring Goldman Sachs, Andreessen Horowitz, New Enterprise Associates, Index Ventures, Mary Meeker, and Spark Capital
Series D (2021): $425M backed by Altimeter Capital, Ribbit Capital, Silver Lake, J.P. Morgan Private Capital Growth Equity Partners, and Amex Ventures
Other Financing Round (2025): $575M with participation from Ribbit Capital, Fidelity, BlackRock, Franklin Templeton, and Nea
Key Investors in Plaid
Homebrew Ventures
Homebrew is a venture capital firm specializing in early-stage technology investments, known for backing innovative startups.
Spark Capital
Spark Capital is a full-service investment banking company that provides strategic financial guidance and capital to businesses.
Felicis Ventures
Felicis Ventures is a venture capital firm that invests in early and growth-stage technology companies, with a focus on SaaS, AI, and fintech.
What's next for Plaid?
With a significant enterprise-level funding history and a recent strategic investment, Plaid is well-positioned for its next phase of growth. The company's trajectory suggests a focus on expanding its product offerings, deepening its market penetration, and potentially exploring new strategic partnerships or acquisitions. This sustained financial backing indicates strong investor confidence in Plaid's business model and its ability to navigate the evolving fintech landscape, likely leading to further advancements in data connectivity and financial services innovation.
See full Plaid company page