# Pleo funding: rounds and investors

> Pleo has raised $118M across 5 rounds since 2015. Investors include Founders, Creandum and Stripes. Every round with its source.

Source: https://millionrounds.com/company/pleo (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Pleo*

5 rounds we have observed, with the 12 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services Fintech

Funding summary Updated 26 Oct 2026

**$118M** raised across 5 rounds since 2015, from 5 sources

**$3.3M** Seed **$16M** Series A **$56M** Series B **$43M** Debt

- **Latest round:** Debt, $43M May 2024
- **Biggest round:** $56M Series B · May 2019
- **Investors:** 12 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2015 2017 2019 2021 2023

**?** Seed

**$3.3M** Seed

**$16M** Series A

**$56M** Series B

**$43M** Debt

- **First round:** Seed
- **Biggest round:** $56M
- **Usual gap between rounds:** 19 months

## The rounds

- **May 2024** Debt **$43M** *4 new* *1 returning* [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) [Coatue](https://millionrounds.com/fund/coatue-management) [Speedinvest](https://millionrounds.com/fund/speedinvest) [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) [Creandum](https://millionrounds.com/fund/creandum) Source recorded
- **May 2019** Series B **$56M** *3 new* *1 returning* [Stripes](https://millionrounds.com/fund/stripes) Lead [Creandum](https://millionrounds.com/fund/creandum) [Kinnevik](https://millionrounds.com/fund/kinnevik) [Founders](https://millionrounds.com/fund/founders) Reported by Tech.eu
- **May 2018** Series A **$16M** *3 new* [Seedcamp](https://millionrounds.com/fund/seedcamp) [The Danish Growth Fund](https://millionrounds.com/fund/v-kstfonden) Kinnevik/ Creandum Reported by FinSMEs
- **Feb 2017** Seed **$3.3M** *1 new* *1 returning* [Founders](https://millionrounds.com/fund/founders) Creandum/ Seedcamp Reported by TechCrunch
- **Aug 2015** Seed **Amount undisclosed** *1 new* [Founders](https://millionrounds.com/fund/founders) From a historical funding record

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2015 **Seed** 2017 **Series A** 2018 **Series B** 2019 **Debt** 2024 [Founders](https://millionrounds.com/fund/founders) [Creandum](https://millionrounds.com/fund/creandum) [Stripes](https://millionrounds.com/fund/stripes) L [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) [Seedcamp](https://millionrounds.com/fund/seedcamp) [Coatue](https://millionrounds.com/fund/coatue-management) [Speedinvest](https://millionrounds.com/fund/speedinvest) [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) [The Danish Growth Fund](https://millionrounds.com/fund/v-kstfonden) [Kinnevik](https://millionrounds.com/fund/kinnevik)

## Everyone who backed them

[Founders](https://millionrounds.com/fund/founders) Accelerator **3** rounds

[Creandum](https://millionrounds.com/fund/creandum) VC firm **2** rounds

[Stripes](https://millionrounds.com/fund/stripes) Private equity **1** round, led 1

[Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) VC firm **1** round

[Seedcamp](https://millionrounds.com/fund/seedcamp) VC firm **1** round

[Coatue](https://millionrounds.com/fund/coatue-management) VC firm **1** round

[Speedinvest](https://millionrounds.com/fund/speedinvest) VC firm **1** round

[Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) Family office **1** round

[The Danish Growth Fund](https://millionrounds.com/fund/v-kstfonden) VC firm **1** round

[Kinnevik](https://millionrounds.com/fund/kinnevik) VC firm **1** round

Creandum/ Seedcamp no record of our own yet **1** round

Kinnevik/ Creandum no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=pleo).

## Quick answers about Pleo

### Who invested in Pleo?

Pleo's investors include Founders, Creandum, Stripes, Bain Capital Ventures and Seedcamp, and 7 more on record.

### How much has Pleo raised?

Pleo has raised $118M across 5 rounds since 2015. One round did not disclose an amount, so the total is a floor.

### When did Pleo last raise?

Pleo's most recent round was a Debt of $43M in May 2024.

### What was Pleo's biggest round?

Pleo's largest round on record is $56M (Series B), in May 2019, led by Stripes.

### Who backed Pleo first?

Pleo's first round on record, in Aug 2015, was backed by Founders.

### What stage is Pleo at?

Pleo's latest named round is a Debt, in May 2024.

### Where is Pleo based?

Pleo is based in the United Kingdom.

### Who led Pleo's rounds?

Stripes led the Series B in 2019.

## Companies like Pleo

In the same sector, and raised in the last eighteen months.

[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Reactive Markets** Oct 2026](https://millionrounds.com/company/reactive-markets)[**IMMIX** $6.2M · Oct 2026](https://millionrounds.com/company/immix)[**TrueLayer** $376M · Oct 2026](https://millionrounds.com/company/truelayer)[**PlannerPal** $6.0M · Oct 2026](https://millionrounds.com/company/plannerpal)[**ELEMENTARYb** $4.2M · Sept 2026](https://millionrounds.com/company/elementaryb)

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