Plooto: Funding, Investors & Team (Aug 2026)
Plooto is a payment management platform for small and medium-sized businesses that want to automate and streamlines their payments. Plooto enables businesses to send payments to anyone with an active bank account within 2-3 business days and transactions are automatically reconciled with leading accounting software. The company was founded in 2015 and based in Toronto, Ontario, Canada.
Plooto has raised $6.4M across 1 funding round on record, the most recent a Series A of $6.4M announced in Apr 2021.
That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Plooto Company Profile and Key Stats
Latest funding round on record: Apr 2021.
Plooto Funding Rounds
Plooto Founders and Leadership Team
Contact details for the Plooto team: 1 of 1 has an email address on file.
Start 14-day free trial →Plooto Funding Compared to Other Financial Services Startups
Plooto's latest round of $6.4M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Plooto Funding FAQs
What does Plooto do?
Plooto is a payment management platform for small and medium-sized businesses that want to automate and streamlines their payments. Plooto enables businesses to send payments to anyone with an active bank account within 2-3 business days and transactions are automatically reconciled with leading accounting software. The company was founded in 2015 and based in Toronto, Ontario, Canada.
How much funding has Plooto raised?
Plooto has raised $6.4M across 1 round on record. The most recent is a Series A of $6.4M announced in Apr 2021.
When did Plooto last raise funding?
Plooto's most recent funding round on record is a Series A of $6.4M, announced in Apr 2021.
Who is the CEO of Plooto?
Hamed Abbasi is listed as CEO at Plooto.
Where is Plooto headquartered?
Plooto is based in Toronto, Ontario, Canada.
How many employees does Plooto have?
Plooto is in the 11-50 employee band.
How does Plooto's funding compare to other Financial Services startups?
Plooto's latest round of $6.4M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's Plooto Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Plooto is left off this page rather than filled in.
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