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 30,000+ 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.
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.
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.
Looking for some answers to your spend management questions? We might be able to help with that.
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! 👋
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