The Pleo Digest - July 2021

Big news! Pleo is officially a Unicorn (that’s business jargon for a company valued at over one billion dollars).

We know we didn’t get here alone. Without the continued support from our 25,000+ customers, we wouldn’t be where we are today. A big thanks to all of you 💜

So, what are we going to do with this investment?

$150 million — the largest Series C raised for any Danish-headquartered company ever.  

First and foremost, we’ll be using this money to continue growing our 330+ team and ramp up our product so you can love it even more.

From building on our existing features and making them even stronger to deepening our market-specific offerings – we can’t wait to get started. 

This Series C round is co-led by Bain Capital Ventures and Thrive Capital, with contributions from investors who have been with us from the very beginning.

Read more about our Series C Funding.

Pleo Hero: Andreas Bernström, Kinnevik

Kinnevik is one of the investors that has been there since the beginning. And we’re in good company – Kinnevik’s backing has helped companies like Mathem, Budbee and Zalando become real success stories.

They're happy Pleo users too. 

We caught up with Andreas Bernstöm, Head of Nordic investments at Kinnevik and member of our board, to learn more on why Pleo caught his attention. 

Read the full story.

Pleo Insights: What does the future of accountancy look like?

As we look towards the future of Pleo, let’s look towards the future of accounting. 

To find out more about what the future holds for accountancy, we surveyed our partners, a community of accountants using Pleo to manage their clients’ finances.

We asked for their thoughts from how bookkeeping and data collection will look ten years from now to the importance of consultancy and advisory work. 

Check out the results.

Looking for some answers to your spend management questions? We might be able to help with that.

• Ever wondered how Pleo uses Pleo? 🤔
• The era of the connected consumer has arrived – what does this mean for fintechs? 🤳
• Manually dealing with expenses is costly and it’s your team who carry the financial burden – discover how Pleo helps build a trusting work culture 🤝

After last month’s Reimbursements launch and our Series C raise, we'll be spending the summer downtime recollecting ourselves, enjoying the moment and building bigger and better things for you. 

See you next month! 👋 

In the meantime, see what we’re up to on social – follow us on LinkedIn and Instagram.