Plaid

ActiveVenture Capital

Updated: Jan 22, 2026 ·

Recent News & Mentions

Apr 1, 2025FundingPlaid - Venture Round Apr 1, 2021FundingPlaid - Series D Dec 1, 2018FundingPlaid - Series C Jun 1, 2016FundingPlaid - Series B Nov 1, 2014FundingPlaid - Series A Sep 1, 2013FundingPlaid - Seed

Financial History

Plaid has raised $1.3B across 6 funding rounds. Most recently, it raised $580.0M Venture Round in April 2025.

Total Raised

$1.3B

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Sep 1, 2025	Baseten	$150.0M Series D	—	01 Advisors, Gautam Gupta, Kevin Hartz, Accel, Acrew Capital, Alt Capital, Andreessen Horowitz, Bain Capital Ventures, Bond, C2 Investment, Conviction Partners, DTCP, Forerunner Ventures, Gradient Ventures, Greylock, Sangeen Zeb, Infinite Capital, IVP, LGF, Liquid 2 Ventures, Pioneer Fund, Predictive VC, Ribbit Capital, Sequoia Capital, Spark Capital, Jarrod Dicker, The General Partnership, Y Combinator, Aaron Levie, Charles Zedlewski, Cristina Cordova, DJ Patil, Dylan Field, Frederic Kerrest, Greg Brockman, Howie Liu, Matt Macinnis, Mike Vernal, Peter Reinhardt, Ron Pragides, Scott Belsky, Will Gaybrick, Zachary Sims
Aug 1, 2025	Develop Health	$18.0M Series A	—	Afore Capital, Alt Capital, C2 Investment, Electric Capital, Founders Fund, Khosla Ventures, MKT1 Capital, Ribbit Capital, Scalar Capital, Susa Ventures, Wing Venture Capital, Chase Gilbert, Derrick Li, Matt Macinnis, Parker Conrad
Mar 1, 2025	BuildOps	$130.0M Series C	—	01 Advisors, 1984 Ventures, 8VC, Alumni Ventures, Bond, Conviction Partners, Gradient Ventures, Greylock, IVP, LGF, Liquid 2 Ventures, Meritech Capital Partners, Next47, Spark Capital, Ameet Patel, Amit Agarwal, Charles Zedlewski, Cristina Cordova, DJ Patil, Dylan Field, Greg Brockman, Louis Lehot, Ron Pragides, Scott Belsky
Mar 1, 2025	Harmony Intelligence	$3.0M Seed	—	20VC, Adverb Ventures, Airtree Ventures, Coatue, Felix Capital, Index Ventures, Insight Partners, StartHer, Eric Ries
Feb 1, 2025	Portola	$10.0M Seed	—	01 Advisors, Bond, Conviction Partners, Greylock, IVP, LGF, Spark Capital, Charles Zedlewski, Cristina Cordova, DJ Patil, Dylan Field, Greg Brockman, Ron Pragides, Scott Belsky
Feb 1, 2025	Baseten	$75.0M Series C	—	01 Advisors, 9Yards Capital, Abstract Ventures, Acrew Capital, Addition, Andreessen Horowitz, B8, Bain Capital Ventures, basecase capital, Bessemer Venture Partners, Binary Capital, Bond, C2 Investment, Conviction Partners, Factorial, General Catalyst, Gradient Ventures, Greylock, Sangeen Zeb, Hoxton Ventures, Infinite Capital, IVP, LGF, Liquid 2 Ventures, Scott Sandell, NewView Capital, Pioneer Fund, Predictive VC, Qiming Venture Partners, Race Capital, Redpoint Ventures, Sequoia Capital, South Park Commons, Spark Capital, Stellation Capital, Symbolic Capital, Jarrod Dicker, Uncork Capital, Weekend Fund, Y Combinator, Akshay Kothari, Charles Zedlewski, Cristina Cordova, DJ Patil, Dylan Field, Evan Cheng, George Burke, Greg Brockman, Peter Reinhardt, Ron Pragides, Scott Belsky, Will Gaybrick, Zachary Sims
Jul 1, 2024	Konvu	$5.0M Seed	—	01 Advisors, Andreessen Horowitz, Avalanche VC, Bling Capital, Bond, BR Capital, Conviction Partners, Dunce Capital, Equal Ventures, Greylock, High Alpha, Hyde Park Venture Partners, IVP, Lazerow Ventures, LGF, Maven 11 Capital, Not Boring Capital, Ravelin Capital, Runa Capital, Spark Capital, Tusk Venture Partners, Union Square Ventures, Village Global, Y Combinator, Cristina Cordova, DJ Patil, Dylan Field, Greg Brockman, Kyle Vogt, Ron Pragides, Scott Belsky, Trent McConaghy
Jun 1, 2024	Decagon	$30.0M Series A	—	Gautam Gupta, Kevin Hartz, Accel, Airtree Ventures, Alt Capital, Andreessen Horowitz, Angelic Ventures, Angel investor, Avenir, Avid Ventures, Bain Capital Ventures, Bessemer Venture Partners, Blackbird Ventures Australia, Bond, C2 Investment, Curious Capital, ENIAC Ventures, Felicis Ventures, Footwork, Forerunner Ventures, Greylock, Kairos HQ, Kipaki Ventures, Lightspeed Venture Partners, Primary Venture Partners, Quiet Capital, Ribbit Capital, Uncork Capital, Y Combinator, Aaron Levie, Adam D'Angelo, Alexis Le-Quoc, Charles Gorintin, Frederic Kerrest, Gokul Rajaram, Greg Kidd, Howie Liu, Jared Leto, Julie Zhuo, Karim Atiyeh, Mandeep Singh, Mathilde Collin, Matt Macinnis, Mike Vernal, Philippe Teixeira da Mota, Ryan Carlson, Sahin Boydas
Jun 1, 2024	illumex	$13.0M Seed	—	AirAngels, CapitalG, Cardumen Capital, Long Journey Ventures, Saga, Scale Venture Partners, SRB Ventures, Arash Ferdowsi, Darius Contractor
Mar 1, 2024	Baseten	$40.0M Series B	—	01 Advisors, 9Yards Capital, Acrew Capital, Andreessen Horowitz, basecase capital, Bond, C2 Investment, Conviction Partners, Factorial, Gradient Ventures, Greylock, Sangeen Zeb, Hoxton Ventures, Infinite Capital, IVP, LGF, Liquid 2 Ventures, Mischief Venture Capital, Hilarie Koplow-McAdams, Pioneer Fund, Predictive VC, Sequoia Capital, Spark Capital, Stellation Capital, Symbolic Capital, Jarrod Dicker, Tet Ventures, Uncork Capital, Weekend Fund, Akshay Kothari, Allison Pickens (Allison Pickens Ventures), Charles Zedlewski, Cristina Cordova, DJ Patil, Dylan Field, Evan Cheng, George Burke, Greg Brockman, Neha Narkhede, Peter Reinhardt, Ron Pragides, Scott Belsky, Will Gaybrick, William Hockey, Zachary Sims
Jan 1, 2024	Twin	$3.0M Seed	—	AIX Ventures, Bond, C2 Investment, CoinFund, Dawn Capital, eFounders, Factorial, Felicis Ventures, Global Founders Capital, Hack VC, Insight Partners, Motier Ventures, Pareto Holdings, Point Nine Capital, Preston-Werner Ventures, Red Sea Ventures, RRE Ventures, Sapphire Ventures, #SecretFund, Sequoia Capital, Alexis Le-Quoc, Charles Gorintin, Didier Valet, Florian Douetteau, Jean Charles Samuelian, Jeff Hammerbacher, Jonathan Widawski, Mathilde Collin, Matt Macinnis, Nicolas Steegmann, Rand Hindi, Rodolphe Ardant, Thibaud Elziere, Victoria van Lennep, Yan-David Erlich
Dec 1, 2023	Respell	$5.0M Seed	—	Abstract Ventures, Air Street Capital, Balderton Capital, Craft Ventures, Davidovs VC, Founders Fund, Marathon Venture Capital, Pareto Holdings, Robert Bosch Venture Capital, SRB Ventures, Stratus Ventures, Techstars, Y Combinator, Alexis Le-Quoc, Amjad Masad, Arash Ferdowsi, Charles Gorintin, Daniel Kan, James Beshara, Kunal Shah, Mathilde Collin, Matt Macinnis, Oliver Cameron, Scott Belsky
Nov 1, 2023	Formal	$7.0M Seed	—	Acequia Capital, Alt Capital, Craft Ventures, DST Global, Felix Capital, foobar.vc, General Catalyst, Global Founders Capital, Gradient Ventures, Index Ventures, Mango Capital, monashees, Motier Ventures, Otherwise Fund, Pentagram Ventures, Saga, Sarona Ventures, Union Square Ventures, Y Combinator, Amirhossein Malekzadeh, Arash Ferdowsi, Drew Houston, Eric Wu, Jean Charles Samuelian, Jeremy Yap, Justin Ziegler, Mathilde Collin, Nicolas Brusson, Romain Niccoli, Sam Altman, Stanley Tang, Tim Griffin, William Hockey
Sep 1, 2023	LastMile AI	$10.0M Seed	—	Craft Ventures, Jenny Fielding, Scott Hartley, FirstHand Alliance, General Catalyst, Gradient Ventures, Haystack, Jetstream, LGF, Arash Ferdowsi, Dylan Field, Guillermo Rauch
Sep 1, 2023	Elicit	$9.0M Seed	—	Afore Capital, Andreessen Horowitz, Banana Capital, Craft Ventures, General Catalyst, Dan Cahana, Glenn Solomon, Preston-Werner Ventures
Jul 1, 2023	Frigade	$3.0M Seed	—	AirAngels, Atomic, CapitalG, Cardumen Capital, Craft Ventures, Davidovs VC, General Catalyst, Greylock, Sangeen Zeb, Kleiner Perkins, Long Journey Ventures, Saga, Scale Venture Partners, SRB Ventures, Untapped Capital, Amjad Masad, Arash Ferdowsi, Daniel Kan, Darius Contractor, Guillermo Rauch, Max Mullen, Spencer Kimball
Jun 1, 2023	SPARETECH	$11.0M Series A	—	468 Capital, 50 Partners, Andreessen Horowitz, E1 Ventures, General Catalyst, GingerBread Capital, Headline (formerly e.ventures), Illuminate Ventures, Index Ventures, Innovation Endeavors, Insight Partners, Kima Ventures, La Famiglia, Lightspeed Venture Partners, Motier Ventures, Promus Ventures, Quassar Capital, Sequoia Capital, Venga!Labs, Y Combinator, Anjney Midha, Didier Valet, Gabriel Jarrosson, Paul Forster, Pierre Lavaux, Torsten Reil
Jun 1, 2023	Springboard	$13.0M Venture Round	—	Costanoa Ventures, Noodle, Unusual Ventures, Venture Highway, XFactor Ventures, Greg Badros
May 1, 2023	Develop Health	$2.0M Seed	—	Afore Capital, Alt Capital, C2 Investment, Electric Capital, Founders Fund, Khosla Ventures, MKT1 Capital, Norio Ventures, Ribbit Capital, Scalar Capital, Susa Ventures, Chase Gilbert, Matt Macinnis, Parker Conrad
May 1, 2023	BuildOps	$50.0M Series B	—	01 Advisors, Bond, Conviction Partners, Greylock, IVP, LGF, Spark Capital, Charles Zedlewski, Cristina Cordova, DJ Patil, Dylan Field, Greg Brockman, Ron Pragides, Scott Belsky
Apr 1, 2023	Spring Free EV	$31.0M Series A	—	AirAngels, Bond, C2 Investment, Coinbase Ventures, Greylock, Ann Bordetsky, Seedcamp, Spark Capital, SV Angel, The Hit Forge, Todd and Rahul's Angel Fund, Anne Wojcicki, Casey Neistat, Daniel Rosensweig, Eric Ries, Mandeep Singh, Omid Ashtari, Paul Graham, Shishir Mehrotra, Tobias Lutke
Apr 1, 2023	Campus	$29.0M Series A	—	8VC, AIX Ventures, C2 Investment, Cantos Ventures, DTCP, First Round Capital, Flex Capital, Founders Fund, Innovation Endeavors, IVP, Kindred Ventures, LGF, Lightspeed Venture Partners, Maven Ventures, Menlo Ventures, Offline Ventures, Saga, Salesforce Ventures, Scribble Ventures, The Hit Forge, Tiger Global Management, Y Combinator, Akshay Kothari, Amjad Masad, Arash Ferdowsi, Balaji Srinivasan, Bob Muglia, Dustin Moskovitz, Dylan Field, Emil Michael, Frederic Kerrest, Jeff Bezos, Marc Benioff, Mathilde Collin, Mattia Astori, Peter Sonsini, Ron Pragides, Ryan Carlson, Sam Altman, Shane Neman, Stanley Druckenmiller, Tobias Lutke, Yann LeCun
Mar 1, 2023	Zed Industries	$13.0M Series A	—	20VC, Alchemist Accelerator, Altair Capital Management, Alt Capital, Alumni Ventures, Andreessen Horowitz, Banana Capital, Brighter Capital, Buckley Ventures, Costanoa Ventures, Jenny Fielding, Scott Hartley, Firstminute Capital, Founders Fund, Greylock, Hanabi Capital, Hyper, LGF, Lightspeed Venture Partners, Not Boring Capital, Point Nine Capital, Preston-Werner Ventures, Redpoint Ventures, Rubicon VC, Sequoia Capital, SmartStart Fund, Stripe, Supercharge.vc, The Hit Forge, Todd and Rahul's Angel Fund, WndrCo LLC, Amjad Masad, Christian Bach, Christian Reber, Dylan Field, Elad Gil, Frank Westermann, Fredrik Björk, James Beshara, Koen Bok, Ran Makavy, Scott Belsky, Spencer Kimball
Mar 1, 2023	Vantage	$21.0M Series A	—	AirAngels, CapitalG, Cardumen Capital, Crystal Huang, Long Journey Ventures, Notable Capital, Saga, Scale Venture Partners, SRB Ventures, Ameet Patel, Arash Ferdowsi, Darius Contractor, Ron Pragides
Mar 1, 2023	Soul Wallet	$3.0M Seed	—	AlleyCorp, Alt Capital, Andreessen Horowitz, Bankless Ventures, C2 Investment, Electric Capital, FMFW.io, Founders Fund, Khosla Ventures, LAUNCHub Ventures, Lerer Hippeau, Meta Change Capital, Microtraction, MKT1 Capital, Outlier Ventures, Patron, Pioneer Fund, Plug & Play Ventures, rali_cap, Resonado, Ribbit Capital, Scalar Capital, Susa Ventures, Balaji Srinivasan, Chase Gilbert, Derrick Li, Jeff Clarke, Matt Macinnis, Parker Conrad, Stani Kulechov, Tyler Scott Ward

Funding Rounds Raised

Date	Round	Other Investors
Apr 1, 2025	$580.0M Venture Round	Alumni Ventures, Baukunst, Craft Ventures, DST Global, Jenny Fielding, Scott Hartley, Helium-3 Ventures, Infinite Niches, Javelin Venture Partners, Lux Capital, New Enterprise Associates, Alex Pattis, David Rogier
Apr 1, 2021	$430.0M Series D	2048 Ventures, Alumni Ventures, Authentic Ventures, Baukunst, BoxGroup, Chemistry VC, Company Capital, Craft Ventures, CRV, DST Global, Jenny Fielding, Scott Hartley, Hanabi Capital, Helium-3 Ventures, Infinite Niches, Javelin Venture Partners, Lux Capital, New Enterprise Associates, RRE Ventures, RTP Ventures, Saga, Sequoia Capital, Sequoia Capital Israel, South Park Commons, Spark Capital, Stellar Capital, Viola Ventures, Yext, Adam D'Angelo, Alexander Sacerdote, Alex Pattis, David Rogier, Drew Houston, Frederic Kerrest, Jeff Bezos, John Collison, Joshua Reeves, Tien Tzuo
Dec 1, 2018	$250.0M Series C	2048 Ventures, 8-Bit Capital, Alumni Ventures, American Express Ventures, Andreessen Horowitz, Authentic Ventures, Adeyemi Ajao, Baukunst, Bond, BoxGroup, Canaan Partners, Chemistry VC, Company Capital, Craft Ventures, CRV, DST Global, Jenny Fielding, Scott Hartley, General Catalyst, Hanabi Capital, Helium-3 Ventures, Infinite Niches, Javelin Venture Partners, Lux Capital, New Enterprise Associates, Paradigm, RRE Ventures, RTP Ventures, Saga, Sequoia Capital, Sequoia Capital Israel, South Park Commons, Spark Capital, Stellar Capital, Verified Capital, Viola Ventures, Y Combinator, Yext, Aaron Levie, Adam D'Angelo, Alexander Sacerdote, Alex Pattis, David Rogier, Drew Houston, Frederic Kerrest, Jeff Bezos, John Collison, Joshua Reeves, Michael Abramson, Michael Moritz, Rashaun Williams, Sam Altman, Tien Tzuo
Jun 1, 2016	$44.0M Series B	Alumni Ventures, Amara VC, Andreessen Horowitz, Bain Capital Ventures, Baukunst, Bedrock Capital, BoxGroup, Citi Ventures, Craft Ventures, DST Global, Jenny Fielding, Scott Hartley, Great Oaks Venture Capital, Harrison Metal, Helium-3 Ventures, Infinite Niches, Javelin Venture Partners, Khosla Ventures, Lux Capital, New Enterprise Associates, Shine Capital, StarVest Partners, Union Square Ventures, Valar Ventures, Aaron Levie, Alex Pattis, David Rogier, Marc Benioff, Mauro Pretolani
Nov 1, 2014	$13.0M Series A	Alumni Ventures, Baukunst, Craft Ventures, DST Global, Jenny Fielding, Scott Hartley, Felicis Ventures, Helium-3 Ventures, Infinite Niches, Javelin Venture Partners, Lux Capital, New Enterprise Associates, Sapphire Ventures, Shasta Ventures, Shine Capital, Tenaya Capital, Union Square Ventures, Alex Pattis, David Rogier
Sep 1, 2013	$3.0M Seed	Alumni Ventures, Andreessen Horowitz, Bain Capital Ventures, Baukunst, Benchmark, Caffeinated Capital, Craft Ventures, Kevin Ding, DST Global, Electric Capital, Jenny Fielding, Scott Hartley, Felicis Ventures, Founder Collective, FPV Fund, General Catalyst, Helium-3 Ventures, Human Augmentation Syndicate, ICONIQ Capital, Infinite Niches, InterWest, Javelin Venture Partners, Kapor Capital, Kleiner Perkins, Lowercarbon Capital, Lux Capital, New Enterprise Associates, Sapphire Ventures, Shasta Ventures, Sherpalo Ventures, Shine Capital, Sound Ventures, SV Angel, Tenaya Capital, The Hit Forge, Union Square Ventures, Vertex Ventures, Y Combinator, Alex Pattis, Brian Sugar, David Rogier, Joshua Schachter, Nils Johnson, Sam Altman

Financial History

Plaid has raised $1.3B across 6 funding rounds.

Total Raised

$1.3B

Valuation

N/A

Leadership Team

Key people at Plaid.

Jean-Denis Greze

Angel

Dan Kenerson

Business Operations & Strategy

Leadership Team

Key people at Plaid.

Jean-Denis Greze

Angel

Dan Kenerson

Business Operations & Strategy

Deep Dive

Plaid is a fintech company that builds a developer-friendly platform enabling secure and seamless connections between financial applications and users' bank accounts. Its core product, Plaid Link, acts as an API layer that simplifies integration with over 12,000 financial institutions, allowing fintech apps like Venmo, Robinhood, and Coinbase to access banking data efficiently. Plaid serves over 100 million users globally and supports more than 8,000 fintech applications, solving the problem of complex bank integrations and enabling faster onboarding, payments, fraud prevention, and financial data insights. The company has expanded its offerings beyond data connectivity to include payments, fraud and compliance tools, credit underwriting, and open finance solutions, fueling growth in embedded finance and open banking ecosystems[1][3][4].

Founded in 2013 by Zach Perret and William Hockey, Plaid originated as a bookkeeping and budgeting platform before pivoting to become a leading open banking infrastructure provider. The founders, with backgrounds in software engineering and finance, identified the challenge developers faced integrating with banks and created a unified API to streamline this process. Early traction came from partnerships with major fintech players and rapid adoption in the US, followed by expansion into Europe and Canada. This evolution positioned Plaid as a critical intermediary in the fintech ecosystem, enabling innovation and financial inclusion[1][2][3].

Core Differentiators

Developer-first API: Plaid’s Link product is designed for ease of integration, reducing time and cost for fintech developers.
Extensive network: Connects to over 12,000 financial institutions across 17 countries, powering 8,000+ fintech apps.
Diverse product suite: Beyond data access, offers payments, fraud detection, credit underwriting, and open finance tools.
Scale and trust: Used by one in three US adults, with over 100 million users globally, demonstrating broad adoption and reliability.
Security and compliance: Authorized under UK’s Payment Service Regulations and adheres to strict data protection standards[1][2][3][4].

Role in the Broader Tech Landscape

Plaid rides the wave of embedded finance and open banking, trends that democratize access to financial services by enabling non-financial companies and fintechs to embed banking capabilities directly into their products. The timing is critical as regulatory frameworks in the US and Europe increasingly support data portability and consumer control over financial data. Plaid’s platform accelerates innovation by removing technical barriers, fostering a more interconnected financial ecosystem, and supporting the rise of neobanks, personal financial management apps, and digital lending. Its influence extends to improving financial inclusion and enabling smarter credit decisions through real-time data access[1][2][5][6].

Quick Take & Future Outlook

Looking ahead, Plaid is poised to deepen its role in open finance by expanding its product offerings and geographic reach, potentially entering new markets and sectors such as insurance or wealth management. Trends like AI-driven financial insights, increased regulatory emphasis on data privacy, and growing consumer demand for seamless digital financial experiences will shape its trajectory. Plaid’s continued innovation in fraud prevention, payments, and credit underwriting will likely enhance its ecosystem’s robustness and value. As embedded finance becomes ubiquitous, Plaid’s platform could become the foundational infrastructure powering a broad range of financial services globally, reinforcing its mission to democratize financial access through technology[1][3][5].

Sources

Frequently Asked Questions

How much funding has Plaid raised?

Plaid has raised $1.3B in total across 6 funding rounds.

Who are Plaid's investors?

Plaid's investors include Alumni Ventures, Baukunst, Craft Ventures, DST Global, Jenny Fielding, Scott Hartley, Helium-3 Ventures, Infinite Niches, Javelin Venture Partners, Lux Capital, New Enterprise Associates, Alex Pattis.

Frequently Asked Questions

How much funding has Plaid raised?

Plaid has raised $1.3B in total across 6 funding rounds.

Core Differentiators

Developer-first API: Plaid’s Link product is designed for ease of integration, reducing time and cost for fintech developers.
Extensive network: Connects to over 12,000 financial institutions across 17 countries, powering 8,000+ fintech apps.
Diverse product suite: Beyond data access, offers payments, fraud detection, credit underwriting, and open finance tools.
Scale and trust: Used by one in three US adults, with over 100 million users globally, demonstrating broad adoption and reliability.
Security and compliance: Authorized under UK’s Payment Service Regulations and adheres to strict data protection standards[1][2][3][4].