• FOUNDING YEAR: 2015
    LOCATION:
    United Kingdom
    REGION:
    Last Update:
    18 Oct, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Platform to manage company expenses using Pleo payment card for employees. Pleo reduces the administrative complexity, eliminates expense reports and simplifies bookkeeping.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Planday, Yoyo, Hive, Famly, Nodes, Tactile, Hello, Spot on marketing
COMMENT
Pleo offers instant and on-demand Prepaid Mastercard virtual cards for online purchases and plastic cards for in-store purchases, Pleo enables employees to buy the things they need for work, all while keeping the companies in full control of all spending.

PEOPLE

MEDICI analysts will analyze Pleo soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$23 Millions
DATE OF LAST FUNDING:
May 2018
TOTAL FUNDING COMMENT:
The company is planning use the fund for further international expansion across other European countries, also to increase its current staff count from 50 to more than 200 employees by the end of 2019 and reset fund to scale and accelerate its product development(May 2018).
SEED & PRIOR FUNDING:
$7 Millions
SEED CLOSED ON:
Feb 2017
FUNDING SERIES:
SERIES A
$16 Million Closed: May 2018
LISTED:
NO

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