About Plaid

Plaid enables applications to connect with users bank accounts. They power fintech apps like Venmo, Robinhood, and Coinbase by providing secure financial data connectivity.

Investment Thesis

Essential fintech infrastructure with wide API adoption

Why We Invested

  • Critical infrastructure connecting fintech apps to banking systems

  • Wide adoption across major apps including Venmo, Robinhood, and Coinbase

  • Expanding into payments and credit underwriting markets

  • Strong network effects as more connections improve data accuracy

Key Metrics

$740.0M
Total Funding
$13B
Latest Valuation
13+
Years Active
1000+
Team Size

Company Details

Legal Name Plaid Inc.
Industry Fintech
Sectors Fintech, Financial Infrastructure
Stage Late-stage
Founded 2013
Headquarters San Francisco, California, USA
Company Size 1000+ employees

Investment Overview

Investment Thesis

Essential fintech infrastructure with wide API adoption

Key Investment Factors

Market Opportunity

Plaid operates in the Fintech market, which is projected to grow significantly in the coming years.

Competitive Advantage

Proprietary technology and strong market position create significant barriers to entry.

Growth Strategy

Clear path to growth through market expansion, product development, and strategic acquisitions.

Financial Summary

$740.0M
Total Funding
$13B
Latest Valuation
Late-stage
Funding Stage
Apr 2021
Last Funding

Fund Information

Tech Ventures Fund I

Open Innovation Fund

A diversified portfolio of early-stage technology companies focused on AI, blockchain, and cloud technologies. This fund targets high-growth startups with disruptive potential across the tech sector.

Invest in Plaid

$13B
Latest Valuation
1
Available Funds
Late-stage
Current Stage
$740.0M
Total Funding

Gain exposure to this high-growth company through our professionally managed funds. Our investment team has conducted extensive due diligence to identify promising opportunities.

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