Plecto - About the company
Plecto is a seed company based in Viby (Denmark), founded in 2012 by Ales Kocjancic. It operates as a Performance management for teams. Plecto has raised $2.34M in funding, with a current valuation of $*****. The company has 256 active competitors, including 19 funded and 13 that have exited. Its top competitors include companies like Explorance, KPIsoft and PerformYard.
Company Details
Plecto is a performance management application for teams. Integrates with the existing business systems, aggregates data, and provides a dashboard visualizing the performance of sales reps. Has a leaderboard for top performers and sends a notification when a rep successfully closes a deal. Managers can track the progress of rep and team, run competitions internally and reward good performing employees with rewards. Integrates with Pipedrive and Salesforce. Notable clients include IBM and Ebay. The product is available on a subscription basis.
- Website
- www.plecto.com
Key Metrics
Founded Year
2012
Location
Viby, Denmark
Stage
Seed
Total Funding
$2.34M in 5 rounds
Latest Funding Round
Investors
Ranked
6th among 256 active competitors
Employee Count
54 as on May 31, 2026
Similar Companies
Legal entities associated with Plecto
Plecto is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Plecto ApS CIN: 34737460 , Denmark, Active | Nov 12, 2012 | - | - |
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Plecto's funding and investors
Plecto has raised a total funding of $2.34M over 5 rounds. Its first funding round was on Jul 11, 2014. Plecto has 4 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Plecto:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 25, 2019 | 8437636 | Seed | 7566902 | 2292827 | 3473410 | 4081647 |
Mar 17, 2017 | 4729986 | Seed | 1167382 | 8151616 | 7354465 | 8759382 |
Sep 10, 2015 | 9499139 | Seed | 3563297 | 3293377 | 2640706 | 6006261 |
View details of Plecto's funding rounds and investors
Plecto's founders and board of directors
Founder? Claim ProfileThe founders of Plecto is Ales Kocjancic. Flemming Stein is the CEO of Plecto.
Here are the details of Plecto's key team members:
- Ales Kocjancic: Co-Founder of Plecto. They serve on the board of 1 company.
- Flemming Stein: CEO of Plecto.
Plecto's Board of Directors
Plecto's board has 4 active members. Kristian Houlberg Ollegaard is part of team and Jan Dal Lehrmann, Michael Tandrup and Simon Lyndegaard are independent board members.Here is the list of Plecto's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 13y 9m | |
ghxsnwv | Investor | - | Past | 6y 3m |
Independent board member | - | Current | 9y 5m | |
sgfhtgt | Independent board member | - | Current | 3y 3m |
ftavfjs | Independent board member | - | Current | 7y 1m |
View details of Plecto's Founder profiles and Board Members
Plecto's employee count trend
Plecto has 54 employees as of May 26. Here is Plecto's employee count trend over the years:
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Plecto's Competitors and alternates
Top competitors of Plecto include Explorance, KPIsoft and PerformYard. Here is the list of Top 10 competitors of Plecto, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Explorance 2003, Montreal (Canada), Acquired | Learning assessment and feedback management platform for educational institutions and enterprises | $19.6M | 55/100 | |
2nd | Performance management solution for business | - | 47/100 | ||
3rd | PerformYard 2013, Arlington (United States), Series A | AI-driven performance management software for streamlined reviews, goals, and feedback | $98M | 43/100 | |
4th | StandOut 2006, Beverly Hills (United States), Acquired | Strengths-based talent development solutions for individuals, teams, and organizations | $5M | 42/100 | |
5th | Activated Insights 2017, Dallas (United States), Acquired | Provider of tools for senior-care businesses for feedback management | - | - | 41/100 |
6th | Performance management for teams | $2.34M | 39/100 | ||
7th | Fizzback 2004, London (United Kingdom), Acquired | AI-based employee performance and voice of the customer solutions for the businesses | $7.4M | 38/100 | |
8th | AskHumans 2023, Washington, DC (United States), Seed | Platform designed to help organizations by facilitating communication and feedback collection | $125K | 38/100 | |
9th | ESM Software 2001, Boston (United States), Acquired | Cloud-based platform for employee performance management | - | - | 37/100 |
10th | Udex Software 2017, Los Gatos (United States), Unfunded | Performance and feedback management platform for enterprises | - | - | 36/100 |
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Plecto's Investments and acquisitions
Plecto has made no investments or acquisitions yet.
Reports related to Plecto
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