About Plooto
Plooto is a company based in Toronto (Canada) founded in 2015 by Hamed Abbasi and Serguei Kloubkov. Plooto has raised $26.38 million across 4 funding rounds from investors including Centana Growth Partners, FINTOP and Luge Capital. Plooto offers products and services including Accounts Payable Software, Accounts Receivable Software, and International Payments. Plooto operates in a competitive market with competitors including Esker, Versapay, Notch, Gamut Infosystems Limited and Decision Engines, among others.
- Headquarter Toronto, Canada
- Founders Hamed Abbasi, Serguei Kloubkov
-
Sectors
TechnologyFinancial Services
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Plooto Inc
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$26.38 M (USD)
in 4 rounds
-
Latest Funding Round
$20 M (USD), Series B
Dec 13, 2022
-
Investors
Centana Growth Partners
& 5 more
-
Employee Count
Not available
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Plooto
Plooto offers a comprehensive portfolio of products and services, including Accounts Payable Software, Accounts Receivable Software, and International Payments.
Automates bill payments and workflows for businesses securely.
Facilitates invoice management and collections efficiently.
Enables cross-border transactions with secure processing.
Funding Insights of Plooto
Plooto has successfully raised a total of $26.38M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in December 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.
Investors in Plooto
Plooto has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Centana Growth Partners, FINTOP and Luge Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investments are made in growth-stage tech and offline US/Canada companies.
|
Locked | Locked | Locked | |
|
-
|
Locked | Locked | Locked | |
|
Luge Capital is focused on fintech venture capital investments.
|
Locked | Locked | Locked |
Investor details for Plooto
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Plooto
Investment portfolio details for Plooto
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Plooto
Detailed financials for Plooto
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Plooto Comparisons
Peer comparison for Plooto
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Plooto
Plooto operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Esker, Versapay, Notch, Gamut Infosystems Limited and Decision Engines, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
AI and cloud-enabled source-to-pay automation solutions are provided for businesses.
|
|
| Locked | Locked | Locked |
Cloud-based B2B accounts receivable solutions are offered.
|
|
| Locked | Locked | Locked |
Accounts receivable automation software is provided by Notch.
|
|
| Locked | Locked | Locked |
Accounting and ERP management solutions are provided for businesses.
|
|
| Locked | Locked | Locked |
An AI-based platform for end-to-end process automation is provided.
|
Detailed competitors of Plooto
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Plooto
Complete news archive for Plooto
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Plooto
Plooto was founded in 2015.
Plooto is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Hamed Abbasi is the current CEO of Plooto. They have also founded this company.
Plooto is a funded company, having raised a total of $26.38M across 4 funding rounds to date.
Plooto was founded in 2015 in Toronto, Canada, as a cloud-based platform in the fintech sector. Businesses are assisted in sending and receiving payments online through integration with accounting software. Invoices are imported, and payments are processed to vendors using email addresses. The solution is designed for financial controllers and bookkeepers in small and medium-sized enterprises, focusing on streamlined accounts payable and receivable operations.
Plooto offers Accounts Payable Software, Accounts Receivable Software, and International Payments.
Plooto has 6 investors. Key investors include Centana Growth Partners, FINTOP, Luge Capital, Inovia Capital, and Golden Ventures.