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Pleo logo — The spend platform built for the craft of finance | Trusted...

Pleo

The spend platform built for the craft of finance | Trusted by 40,000+ European businesses

Founded 2015 Denmark Denmark 933 employees Post IPO Total: $459.20M Financial Services, Fintech +2

General Information

Company Name Pleo
Founded Year 2015
Location Denmark Denmark +6
Employees 933
Industries Financial Services, Fintech, Information Technology +1
Funding Stage Post IPO
Social

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

Tech Stack Change Sep 07, 2026

Added HubSpot and Sanity to their site.

Feature Release Sep 04, 2026

Pleo has launched a brand refresh and new navigation experience, designed with craft for their teams to be sharp, forward-thinking, and human.

In The News Sep 01, 2026

Featured on Sifted: Daniel Ek-founded Neko Health tops latest Sifted ranking

Actively Hiring Aug 27, 2026

Hiring for 51 positions in the last 30 days.

Major Customer Win Aug 25, 2026

Pleo secured Cooltra as a customer, helping them reduce lost receipts by 80% and gain better visibility and control over spending.

In The News Aug 14, 2026

Featured on Sifted: European fintech has a culture problem

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AI Insight

Bounce Watch AI
2 weeks ago

Pleo is strategically enhancing its spend management platform with a new wave of AI tools and continues to secure significant customer wins like Bonzer, reinforcing its market presence and signaling ongoing growth through active hiring. This expansion, however, is occurring amidst substantial internal transformation, as evidenced by recent reports detailing a tougher management culture and concerns about competitive standing. The company is navigating a complex period of product innovation and organizational recalibration following a leadership overhaul.

Signal Types
Product Launch Customer Acquisition Hiring Media Coverage Internal Challenges Funding
Strategic Labels
AI Product Development Organizational Shift Market Expansion
Next Move: Innovation
·
Impact: 8/10
·
Ideal For: Growth Equity Investors — Post-IPO Fintech

About Pleo

Pleo, founded in 2015, is a prominent player in the Financial Services, Fintech, Information Technology, and Payments industries. Headquartered in Denmark, the company is renowned for its slogan, "Centralise your business spending for complete financial efficiency and balance the books effortlessly with Pleo."

This European leader in spend management offers a comprehensive platform that enhances financial efficiency by centralizing expenses, reimbursements, invoices, and budgets. Valued by over 40,000 companies, Pleo stands out for helping businesses optimize their spending and turn it into a strategic asset for success.

The company recently attracted a $40.00M secondary market investment on 01 May 2024 from HSBC Innovation Banking, underlining its strong market position and investor confidence.

Taxonomy: Expense Management, Spend Management, Financial Efficiency, Expense Reports, Reimbursements, Invoices, Budgets, Business Spending, Corporate Cards, Company Credit Cards, Accounting, Payments, Bookkeeping

Services & Products

AI-powered spend controls
Expense management
Approval workflows
Card limit management

Target Customers

Small businesses (1-50 people) Medium businesses (50-1000 people) Enterprise-level businesses (1000+ people)

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Secondary Market •••••• 1
Investor
01 May 2024
Series C •••••• 8
Investor Investor Investor Investor Investor Investor Investor
•••• •••• 		01 Dec 2021
Series C •••••• 7
Investor Investor Investor Investor Investor Investor
•••• •••• 		01 Jul 2021
Series B •••••• 4
Investor Investor Investor
•••• •••• 		01 May 2019
Series A •••••• 3
Investor Investor Investor
01 May 2018

View All 8 Funding Rounds

Latest News

View All
Novel Drug Cocktail Offers Rare Neuropathy Patients New Hope — Medpagetoday.com
Novel Drug Cocktail Offers Rare Neuropathy Patients New Hope
Medpagetoday.com May 08, 2019
Pleo becomes Denmark’s eighth unicorn with $150m raise — Sifted.eu
Pleo becomes Denmark’s eighth unicorn with $150m raise
Sifted.eu Jul 05, 2021
Payhawk raises $112M to better compete in the heated corporate card race — Techcrunch.com
Payhawk raises $112M to better compete in the heated corporate card race
Techcrunch.com Nov 22, 2021
Pleo raises $200M alongside a $4.7BN valuation — Unleash.ai
Pleo raises $200M alongside a $4.7BN valuation
Unleash.ai Dec 09, 2021
Payhawk becomes a unicorn as it extends its Series B — Techcrunch.com
Payhawk becomes a unicorn as it extends its Series B
Techcrunch.com Feb 28, 2022
Spend Management Firm Pleo Lays Off 15% of Workforce — Pymnts.com
Spend Management Firm Pleo Lays Off 15% of Workforce
Pymnts.com Nov 04, 2022

Pleo Alternatives & Competitors

View All Alternatives
Pleo vs
Expend
Expend

Expend offers an expenses solution for businesses and employees with automation, control, and insigh...

Pleo vs
Volopa
Volopa United Kingdom

Helping businesses unlock their potential through faster, simpler and more transparent payment solut...

46 employees
Finance, Financial Services
Compare Pleo vs Volopa
Pleo vs
Mynt
Mynt Sweden

Mynt provides free corporate credit cards, real-time expense tracking and management for high-spend...

2-10 employees
Financial Services
Also compare with: Pleo vs Money Toolkit Money Toolkit Pleo vs gubadoo gubadoo View all alternatives

FAQ About Pleo

The spend platform built for the craft of finance | Trusted by 40,000+ European businesses
Pleo was founded in 2015.
Pleo is headquartered in Denmark.
Pleo operates in the following industries: Financial Services, Fintech, Information Technology, Payments.
Pleo has approximately 933 employees.
Pleo has completed 8 funding rounds, raising a total of $459.20M. The latest funding stage is Post IPO.
Pleo offers: AI-powered spend controls, Expense management, Approval workflows, Card limit management.
Top alternatives and competitors to Pleo include Expend, Volopa, Mynt, Money Toolkit, gubadoo. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Pleo and Expend are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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