Plooto: Funding, Investors & Team (Aug 2026)
Plooto is the “Mission control for your AP and AR” Plooto is an all-in-one accounts payable (AP) and receivable (AR) platform; the only payments platform that you’ll ever need. Why? Because Plooto helps save time while strengthening your cash flow by automating complex workflows through unifying payments, processes, control, reconciliation, and reporting. When a [owner or founder] of business syncs with Plooto Plooto gives small and medium businesses (SMBs) greater financial control for better cash flow, saving time so you can focus on growing your business. When a [CFO or a member of finance team] syncs with Plooto Plooto allows more time for you to focus on coming up with strategies and financial forecasting. When an [accountant or bookkeeper] syncs with Plooto Plooto allows you to standardize your entire AP and AR process for your clients with a smooth workflow giving you time to bring on more clients. Plooto is continuously working to offer more AP and AR features for your business success. Additional features include international payments to 30+ countries for a flat fee with competitive exchange rate, pre-authorized debit agreements (PAD), CRA payment for Canadian companies, and integration with QuickBooks (QB) and Xero. You can start your free 30-day trial today by clicking “Sign Up” with no credit card required. For more information about Plooto, please visit our website below or follow Plooto for updates and relevant information.
Plooto has raised $19.8M across 1 funding round on record, the most recent a Series B of $19.8M announced in Dec 2022.
That round is above 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: Dec 2022.
Plooto Funding Rounds
Plooto Founders and Leadership Team
No contact details are on record for this team yet.
Plooto Funding Compared to Other Financial Services Startups
Plooto's latest round of $19.8M is above 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 the “Mission control for your AP and AR” Plooto is an all-in-one accounts payable (AP) and receivable (AR) platform; the only payments platform that you’ll ever need. Why? Because Plooto helps save time while strengthening your cash flow by automating complex workflows through unifying payments, processes, control, reconciliation, and reporting. When a [owner or founder] of business syncs with Plooto Plooto gives small and medium businesses (SMBs) greater financial control for better cash flow, saving time so you can focus on growing your business. When a [CFO or a member of finance team] syncs with Plooto Plooto allows more time for you to focus on coming up with strategies and financial forecasting. When an [accountant or bookkeeper] syncs with Plooto Plooto allows you to standardize your entire AP and AR process for your clients with a smooth workflow giving you time to bring on more clients. Plooto is continuously working to offer more AP and AR features for your business success. Additional features include international payments to 30+ countries for a flat fee with competitive exchange rate, pre-authorized debit agreements (PAD), CRA payment for Canadian companies, and integration with QuickBooks (QB) and Xero. You can start your free 30-day trial today by clicking “Sign Up” with no credit card required. For more information about Plooto, please visit our website below or follow Plooto for updates and relevant information.
How much funding has Plooto raised?
Plooto has raised $19.8M across 1 round on record. The most recent is a Series B of $19.8M announced in Dec 2022.
When did Plooto last raise funding?
Plooto's most recent funding round on record is a Series B of $19.8M, announced in Dec 2022.
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 51-100 employee band.
How does Plooto's funding compare to other Financial Services startups?
Plooto's latest round of $19.8M is above 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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