About Plastiq
Plastiq is a Financial Services company based in San Francisco (United States) founded in 2012 by Eliot Buchanan, and was acquired by Priority in August 2023. Mass payment solutions for businesses are enabled via credit cards. It operates on a API-as-a-Product, Commission-Based, and FinTech model. Plastiq has raised $150.2 million across 8 funding rounds from investors including Kleiner Perkins, Khosla Ventures and FJ Labs. The company has 109 employees. Its chief executive, as recorded, is Eliot Buchanan. Its website plastiq.com draws about 159 thousand monthly visits. Plastiq offers products and services including Plastiq Pay, Plastiq Accept, and Plastiq Connect. Its focus areas include Payment Processing and Digital Payments. Its competitors include Affirm, Upgrade and Petal; 3 of its 3 listed competitors have raised funding.
Company details
Plastiq is established as a business payment platform facilitating payments by credit card, even when not accepted by vendors. Payments are delivered through wire transfers, ACH, or checks, both domestically and internationally. Solutions are provided for sectors like e-commerce, construction, manufacturing, and logistics. Integration with accounting tools such as QuickBooks and Oracle NetSuite is supported. Embedded payment options and APIs are offered for B2B transactions, alongside mobile app access for financial management.
- Headquarters San Francisco, United States
- Employees 109
- Founders Eliot Buchanan
- Stage Acquired
- SectorsFinancial Services
- Website category Finance · Banking Credit and Lending
- Email••••••••
- Phone•••• ••••
- Website plastiq.com
- Social LinkedIn X Facebook
- Acquired by Priority (Aug 2023)
- Legal Name Plastiq
- Total Equity Funding$150.2M (USD)
in 8 rounds
- Latest Funding Round$75.82K (USD), Grant
Sep 2022
- InvestorsKleiner Perkins
& 13 more
- Employee Count109
- Acquired byPriority
(Aug 2023)
Products & Services of Plastiq
Plastiq offers a comprehensive portfolio of products and services, including Plastiq Pay, Plastiq Accept, and Plastiq Connect.
Payments are facilitated by card or bank transfer.
Card payments are accepted with zero merchant fees.
B2B payment options are embedded via robust APIs.
Funding Insights of Plastiq
Plastiq has successfully raised a total of $150.2M across 8 strategic funding rounds. The most recent funding activity was a Grant round of $75.82 thousand completed in September 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $150.2M
- Total Rounds 8
- Last Round Grant — $75,822
- First Round $2.35M
(May 2012)
- Investors Count 13
All 8 funding rounds of Plastiq with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2022 | $75,822 | Grant | – | – | |
| Mar 2020 | $75M | Series D | – | B Capital | |
| Nov 2018 | $27M | Series C | – | Kleiner Perkins | |
| May 2018 | $27M | Series C | – | Top Tier Capital Partners | |
| Apr 2016 | $2.85M | Series B | – | FJ Labs, Khosla Ventures | |
| Jul 2014 | $10M | Series B | – | Khosla Ventures | |
| Feb 2013 | $6M | Series A | – | Atlas Venture, Flybridge Capital Partners | |
| May 2012 | $2.35M | Seed | – | – |
14 investors in total: 13 institutional and 1 angel.
Investors in Plastiq
Plastiq has secured backing from 14 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Kleiner Perkins, Khosla Ventures and FJ Labs.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Accomplice is engaged in venture capital investments for startups. | accomplice.co | Boston, United States | ||
Early-stage startups are funded by this venture capital firm. | 2004 | khoslaventures.com | Menlo Park, United States | |
Venture capital firm investing in early-stage tech startups | 1972 | kleinerperkins.com | Menlo Park, United States | |
Multistage investments are directed toward technology, healthcare, and climate sectors. | b.capital | Manhattan Beach, United States | ||
Venture capital investment firm | dst-global.com | Menlo Park, United States | ||
Venture capital firm investing in life science and biotechnology sectors | 1980 | atlasventure.com | Cambridge, United States | |
Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors | 2007 | fjlabs.com | New York, United States | |
Early-stage tech startups are funded by Flybridge Capital Partners. | flybridge.com | New York, United States | ||
Seed-stage tech startups are invested in by NextView Ventures. | nextview.vc | Boston, United States | ||
Tech-enabled businesses are funded by Greenoaks venture capital firm. | greenoaks.com | San Francisco, United States |
Investor details for Plastiq
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Plastiq
22 people are tracked at Plastiq (9 in leadership, 1 in board & advisors, 12 in team); the tracked headcount is 109.
| Name | Role | Group |
|---|---|---|
Eliot Buchanan | Co-Founder & CEO | Leadership |
Eliot L. Buchanan | CEO & Co-Founder | Leadership |
Court Toomey | Head Of Commercial Payments & Product | Leadership |
Noah Goldberg | Head of Operations | Leadership |
Tram Dao | Director Of Engineering | Leadership |
Yi Sun | Chief Engineer & Architect | Leadership |
Taylor Teal | Director Of Engineering | Leadership |
Nalini Arulmozhi | Director, Quality Engineering | Leadership |
Lauren H. | Head Of Sales And Account Management | Leadership |
Kerry Hatch | Advisor | Board & advisors |
Craig C. | Principal Product Designer | Team |
Lillian Liang | Staff Software Engineer | Team |
Blair C. | Risk Project Manager | Team |
Tj Jesrai | Product Designer | Team |
Maria Neville | Risk Operations Associate Analyst | Team |
Alexander Cruz | Risk Manager | Team |
Thomas Choo | Principal Software Engineer | Team |
Anthony Anderson | Senior Customer Service Account Manager | Team |
Peter D. | Principal Software Engineer | Team |
John Vehikite | Senior Software Engineer | Team |
2 more people are available in the full profile.
Complete people profiles for Plastiq
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Plastiq
4 dated milestones of Plastiq across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Plastiq is founded.
- Funding First funding round of $2.3M.
- Funding Latest funding round, Grant, of $76K.
- Exit Acquired by Priority.
Competitors of Plastiq
Plastiq has 3 listed competitors in our database, 3 of them funded. They include Affirm, Upgrade and Petal.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| affirm.com | 2012 | San Francisco, United States | $1.23B | 2,171 | Point-of-sale financing is facilitated via an online installment payment platform. | |
| upgrade.com | 2016 | San Francisco, United States | $750M | 1,221 | Consumer credit and banking products are offered to individuals. | |
| petalcard.com | 2016 | West Sacramento, United States | $298.43M | 164 | Credit cards are issued to consumers via alternative credit evaluation. |
Detailed competitors of Plastiq
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Plastiq
The website of Plastiq (plastiq.com) receives about 159.1K visits a month and ranks #161,848 among all websites worldwide, #2,579 in Banking Credit and Lending.
- Monthly visits159.1K
▲ 5.6% vs previous month
- Unique visitors58.6K
per month
- Global rank#161,848
among all websites
- Category rank#2,579
Finance · Banking Credit and Lending
- Bounce rate41%
- Pages per visit9.0
- Average visit4 min 53 sec
- DevicesDesktop 60% · Mobile 40%
Websites whose visitors overlap most with Plastiq. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bankofamerica.com | 100% | 113.9M | #258 | View details | |
| wellsfargo.com | 99% | 104.9M | #241 | View details | |
| capitalone.com | 98% | 148.4M | #178 | View details | |
| citi.com | 98% | 138.9M | #349 | View details | |
| americanexpress.com | 97% | 107.4M | #276 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Plastiq
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- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Plastiq (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Related news about Plastiq
Complete news archive for Plastiq
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Frequently Asked Questions about Plastiq
Plastiq was founded in 2012.
Plastiq is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Eliot Buchanan is the CEO of Plastiq, as recorded in our data. They have also founded this company.
Plastiq is a funded company, having raised a total of $150.2M across 8 funding rounds to date. The company's 1st funding round was a Seed of $2.35M, raised on May 2012.
Plastiq has 109 employees.
Plastiq is established as a business payment platform facilitating payments by credit card, even when not accepted by vendors. Payments are delivered through wire transfers, ACH, or checks, both domestically and internationally. Solutions are provided for sectors like e-commerce, construction, manufacturing, and logistics. Integration with accounting tools such as QuickBooks and Oracle NetSuite is supported. Embedded payment options and APIs are offered for B2B transactions, alongside mobile app access for financial management.
Plastiq offers Plastiq Pay, Plastiq Accept, and Plastiq Connect.
Plastiq has 14 investors. Key investors include Kleiner Perkins, Khosla Ventures, FJ Labs, European Union, and Atlas Venture.
Plastiq operates through Plastiq.
Yes. Plastiq was acquired by Priority in August 2023.
The website of Plastiq receives about 159 thousand visits a month and ranks #161,848 among all websites worldwide.