Tech Company Financing Transactions
Plooto Funding Round
Plooto closed a $20 million Series B venture capital round on 12/13/2022. Investors included Centana Growth Partners, FINTOP Capital and Luge Capital.
Transaction Overview
Company Name
Announced On
12/13/2022
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to drive customer expansion, introduce new product lines, ramp up hiring and customize its offering for more businesses, Accounting and Bookkeeping firms.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
325 Front St. W., 4th Fl
Toronto, ON, M5V 2Y1
CA
Toronto, ON, M5V 2Y1
CA
Phone
Undisclosed
Website
Email Address
Overview
Plooto is the "Mission control for your AP and AR". Plooto is an all-in-one accounts payable (AP) and receivable (AR) platform; the only payments platform that you'll ever need. Why? Because Plooto helps save time while strengthening your cash flow by automating complex workflows through unifying payments, processes, control, reconciliation, and reporting.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Hamed Abbasi
Chief Technical Officer
Serguei Kloubkov
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Where The Data Comes From
We do our best to record every notable VC transaction. VC transactions reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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