When was Pleo founded?

Pleo was founded in 2015 and became a unicorn in 2021.

Where is Pleo located?

Pleo is headquartered in Copenhagen, Denmark. It is registered at BERKELEY HOUSE,304 REGENTS PARK ROAD,LONDON,ENGLAND,N3 2JX.

Who is the current CEO of Pleo?

Jeppe Rindom of Pleo. They are also angel investors in 6 startups, including .

Which legal entities is Pleo associated with?

Pleo is associated with Pagobox ApS and 4 others.

How many employees does Pleo have?

As of Mar 31, 2026, the latest employee count at Pleo is 951.

Is Pleo a funded company?

Pleo is a funded company, having raised a total of $434M across 9 funding rounds to date. The company's 1st funding round was a $4.1M Seed round, raised on Oct 05, 2015.

How much is Pleo worth?

The latest valuation of Pleo is $4.7B as of Dec 09, 2021.

When was the latest funding round of Pleo?

Pleo's latest funding was a $42.7M Conventional Debt round on May 02, 2024, with participation from 1 investor.

Is Pleo a HRTech company?

The primary sectors of Pleo are HRTech, Finance & Accounting Tech, Payments and Online Travel.

Where does Pleo rank among its competitors?

Pleo ranks 1st amongst 85 active competitors, of which 16 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Jeeves, which secured $100M in Dec, 2025.

Who are the top competitors of Pleo?

Pleo's top competitors include Concur, Spendesk and Jeeves. Among them, Jeeves secured the most recent funding round in December, 2025.

Pleo - 2026 Company Profile, Team, Funding, Competitors & Financials

Pleo is a series C company based in Copenhagen (Denmark), founded in 2015 by Jeppe Rindom and Niccolo Perra. It operates as a Provider of spend management platform with virtual and physical card options. Pleo has raised $434M in funding from investors like Bain Capital Ventures, Thrive Capital and Creandum, with a current valuation of $4.7B. The company has 85 active competitors, including 16 funded and 19 that have exited. Its top competitors include companies like Concur, Spendesk and Jeeves.

Sectors and market segments that Pleo operate in

Pleo serves in the FinTech, Travel and Hospitality Tech market segments.The primary business model of Pleo are:

Company Details

Provider of spend management platform with virtual and physical card options. The platform offers tools for business cards, expense management, accounts payable, and reimbursements. It provides features such as spend limitations and vendor cards for managing recurring payments. The platform also integrates with other business tools to streamline workflows.

Website: www.pleo.io/us
Social
Email ID: *****@pleo.io, *****@pleo.io
Registered Address: BERKELEY HOUSE,304 REGENTS PARK ROAD,LONDON,ENGLAND,N3 2JX

Key Metrics

Founded Year

2015

Location

Copenhagen, Denmark

Stage

Series C

Total Funding

$434M in 9 rounds

Latest Funding Round

Conventional Debt, May 02, 2024, $42.7M

Post Money Valuation

$4.7B as on Dec 09, 2021

Investors

Bain Capital Ventures & 16 more

Ranked

1^st among 85 active competitors

Employee Count

951 as on Mar 31, 2026

Similar Companies

Brex & 625 more

View Pleo's full profile

Pleo is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Pleo Technologies Ltd CIN: 11627889 , United Kingdom, Active	Oct 16, 2018	$21.7M (As on Dec 31, 2023)	139 (As on Dec 31, 2023)
Pleo Technologies ApS CIN: 36538686 , Denmark, Active	Feb 02, 2015	-	149 (As on Nov 30, 2024)
Pleo Holding ApS CIN: 39114127 , Denmark, Active	Nov 19, 2017	$82M (As on Dec 31, 2023)	711 (As on Dec 31, 2022)
BEECH HEAD (NO.3) LIMITED CIN: 7466124 , United Kingdom, Active	Dec 09, 2010	-	-
Pagobox ApS Malaysia, Active	Feb 02, 2015	-	268 (As on Dec 31, 2023)	-

Pleo has raised a total funding of $434M over 9 rounds. Its first funding round was on Oct 05, 2015. Its latest funding round was a Conventional Debt round on May 02, 2024 for $42.7M. 1 investor participated in its latest round. Pleo has 17 institutional investors.

Here is the list of recent funding rounds of Pleo:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 02, 2024	$42.7M	Conventional Debt	-	-	-	HSBC Innovation Banking
Nov 27, 2021	$200M	Series C	$4.7B	-	Coatue	Alkeon Capital Management, Bain Capital Ventures, Thrive Capital, Creandum, Stripes, Kinnevik, Seedcamp, Founders
Jun 29, 2021	$150M	Series C	$1.52B	-	Bain Capital Ventures, Thrive Capital	Creandum, Kinnevik, Founders Fund, Seedcamp, Stripes

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View details of Pleo's funding rounds and investors

The founders of Pleo are Jeppe Rindom and Niccolo Perra.

Here are the details of Pleo's key team members:

Jeppe Rindom: Co-Founder & CEO of Pleo. They are also an angel investor in 6 startups and serve on the board of 1 company.
Contact Info: 1 email address
Niccolo Perra: Co-Founder of Pleo. They are also an angel investor in 2 startups and serve on the board of 1 company.
Contact Info: 1 email address

Pleo's Board of Directors

Pleo's board has 9 active members. Jeppe Rindom, Niccolo Perra, Johan Erik Larsson Brenner and Andreas Bernström are part of team and Bjarke Klinge Staun, Stefano Zorzi, Kenneth Fox, Christian Trolle and Huan Jing Gan are independent board members.

Here is the list of Pleo's board of directors:

Name	Type	Representing	Status	Duration
Niccolo Perra	Team	-	Current	10y 5m
Jeppe Rindom	Team	-	Past	4y 4m
Johan Erik Larsson Brenner	Team	-	Current	9y 2m
Andreas Bernström	Team	-	Past	0y 5m
Bjarke Klinge Staun	Independent board member	-	Current	9y 2m
Stefano Zorzi	Independent board member	-	Current	10y 5m
Huan Jing Gan	Independent board member	-	Current	9y 2m
Kenneth Fox	Independent board member	-	Past	0y 5m
Christian Trolle	Independent board member	-	Past	1y 2m

View details of Pleo's Founder profiles and Board Members

Pleo's employee count trend

Pleo has 951 employees as of Mar 26. Here is Pleo's employee count trend over the years:

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Top competitors of Pleo include Concur, Spendesk and Jeeves. Here is the list of Top 10 competitors of Pleo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Pleo 2015, Copenhagen (Denmark), Series C	Provider of spend management platform with virtual and physical card options	$434M	Coatue, Kinnevik & 15 others	80/100
2nd	Concur 1988, Bellevue (United States), Acquired	Provider of travel, expense, and invoice management solutions for businesses	-	RRE Ventures, IVP & 7 others	75/100
3rd	Spendesk 2016, Paris (France), Series C	Provider of spend management platform automating expense claims and invoice processing	$304M	Index Ventures, Eight Roads Ventures & 22 others	74/100
4th	Jeeves 2019, New York City (United States), Series C	Digital company offering payment and corporate financial cards	$380M	CRV, GIC & 71 others	72/100
5th	W.A.G. payment solutions 1995, Prague (Czech Republic), Public	Provider of payment and integrated mobility solutions for commercial road transport	-	Tehnopol Startup Incubator, TA	71/100
6th	Payhawk 2018, Sofia (Bulgaria), Series B	Provider of spend management platform with AI-powered automation and control	$239M	Greenoaks, Earlybird & 21 others	70/100
7th	Marqeta 2010, Oakland (United States), Public	Provider of a platform for modern card issuing and payment solutions	$528M	Coatue, Greylock & 62 others	67/100
8th	Way2Vat 2015, Tel Aviv (Israel), Public	Provider of automated VAT and GST reclaim and compliance solutions	$5M	Poalim Capital Markets, Moneta & 8 others	63/100
9th	Capital On Tap 2012, London (United Kingdom), Funding Raised	Provider of business credit cards, employee cards, and savings accounts	-	Drake United Kingdom Investments, Atalaya Capital Management ... & 13 others	63/100
10th	Conferma 2004, Cheadle (United Kingdom), Unfunded	Provider of virtual card and payment solutions for business transactions	-	-	62/100