Sign Up Today and Learn More About Plaid Stock
Invest in or calculate the value of your shares in Plaid or other pre-IPO companies through EquityZen's platform.

Plaid Stock (PLAI)
Plaid claims to streamline financial data access for fintech developers. According to Plaid, their secure API empowers institutions and fintechs to enable user-authorized connections for seamless data sharing and innovative financial experiences.
API for developers of financial services applications
About Plaid Stock
Founded
2012
Headquarters
San Francisco, CA, US
Total Funding
822M
Industries
Financial Services, Lending and Investments
Plaid is an API to power developers of financial services applications and help them connect with user bank accounts. It allows developers to integrate and get transactional and account data from various financial institutions. Its products include Auth: a solution that authorizes ACH payments based on the information users know in their heads; and Connect: a solution that offers developers with access to user-permissioned financial data. Plaid was launched by William Hockey and Zach Perret in 2012 and is operated from San Francisco, California.
Plaid Press Mentions
Stay in the know about the latest news on Plaid
AI healthcare startup Heidi raises $65M in series B funding at $465M valuation
techstartups • Oct 07, 2025
Heidi Health raises $65M to expand global reach of its AI medical scribe platform
mobihealthnews • Oct 07, 2025
Heidi Secures $65 Million USD in Series B Funding to Accelerate Building an AI Care Partner for Every Clinician
morningstar • Oct 06, 2025
Healthcare AI firm Heidi valued at ÂŁ345m after Point72 backing
news • Oct 05, 2025
MoneyGram and Plaid Expand Open Banking Partnership to European Markets
crowdfundinsider • Oct 05, 2025
Investors in Plaid
Discover investors in Plaid stock and explore their portfolio companies
Plaid Management
Leadership team at Plaid
Co-founder
William Hockey
Co-Founder & CEO
Zach Perret

Join now and verify your accreditation status to gain access to:
- Plaid Current Valuation
- Plaid Stock Price
- Plaid Management
- Available deals in Plaid and all other companies with relevant Deal Offering documents
- EquityZen's proprietary data and insights, which may include
- Plaid Cap Table and Funding History by Share Class and Liquidity Preferences
- Plaid Revenue and Financials
- Plaid Highlights
- Plaid Business Model
- Plaid Risk Factors
- Plaid Research Report from SACRA Research
Plaid Key Facts
- Positive Financial Momentum and Revenue Growth: Despite facing valuation challenges, Plaid's core financial performance shows signs of strength. The company's trailing 12-month revenue was reported at $80.5 million as of March 2025, with an estimated full-year 2024 revenue of $390 million, representing a 27% year-over-year increase. Plaid projects its annual recurring revenue (ARR) to reach $430 million in 2025. This steady top-line growth and a significant reduction in losses from previous years underscore a trajectory towards profitability and a solid basis for future expansion.
- Proactive Product Innovation and Ecosystem Expansion: Plaid is proactively addressing market needs by launching new products and enhancing its platform to stay ahead of competitors. Recent product updates in 2025 include the introduction of Plaid Protect, a new fraud intelligence platform, and the expansion of its Instant Auth coverage to over 500 new financial institutions. The company is also integrating AI into its platform, with new tools for developers and an official API integration with Claude. These initiatives demonstrate Plaid's commitment to innovation and its strategy to solidify its role as a comprehensive infrastructure provider for the financial services industry, beyond simple account linking.
- Strong Brand Reputation and Market Leadership: Plaid continues to be recognized as a market leader, with a strong brand reputation in the fintech industry. Its commissioned reports, such as the "Fintech Effect 2025", are cited as authoritative sources on consumer financial trends, including the growing adoption of fintech tools like "pay-by-bank" and AI. The report highlights that a large majority of consumers (77% in the U.S.) consider it essential for their bank to integrate with apps and services they use, underscoring the critical need for Plaid's core connectivity service. This strong industry presence and thought leadership reinforce Plaid’s position as an indispensable partner for both fintechs and traditional financial institutions.
- Valuation Decline and Market Headwinds: Plaid's valuation has faced significant headwinds, with its value plummeting from $13.4 billion to $6.1 billion in a secondary share sale in April 2025. While the company stated that this decline reflects broader market conditions and that its revenue and profitability have improved, the drop is a major financial concern and signals a less favorable market perception. This financial reality has prompted the company to rule out an IPO in 2025, suggesting it is not yet ready for the public market and remains sensitive to market volatility.
- Intense Regulatory and Legal Scrutiny: Plaid is operating in an environment of significant regulatory and legal uncertainty. In September 2025, the company announced a new data access agreement with JPMorgan Chase that includes a fee structure, which the Financial Technology Association (FTA) called "anti-competitive."This agreement comes as the CFPB weighs new rules on open banking, including the right of banks to charge for data access. These developments highlight the ongoing risk of litigation and the potential for a new regulatory framework that could significantly alter Plaid's business model and cost structure.
- Growing Competition and Platform Commoditization: Plaid faces growing competition not only from existing fintech rivals like MX and Envestnet Yodlee but also from financial institutions themselves and a new wave of payroll API companies.The recent agreement with JPMorgan Chase and the bank's decision to charge for data access demonstrate that large financial institutions are gaining leverage in the ecosystem. Additionally, emerging competitors that focus on payroll APIs are providing alternative ways for fintechs to access consumer income data, potentially eroding Plaid's core business of bank account data aggregation.
Trading Plaid Stock
How to invest in Plaid stock?
Accredited investors can buy pre-IPO stock in companies like Plaid through EquityZen funds. These investments are made available by existing Plaid shareholders who sell their shares on our platform. Typically, these are early employees who need to fund a life event – house, education, etc. Accredited investors are then offered the opportunity to invest in this stock through a fund, like those used by hedge funds serving large investors. While not without risk, investing in private companies can help investors reach goals of portfolio diversification, access to potential growth and high potential return. Learn more about our Guided Investment process here.
How to sell Plaid stock?
Shareholders can sell their Plaid stock through EquityZen's private company marketplace. EquityZen's network includes over 390K accredited investors interested in buying private company stock. Learn more about the easy and guided Shareholder process here.
If I invest, how do I exit my investment?
There are two ways to exit your private company investment on EquityZen's marketplace. The first is if the company has an exit event like an IPO, merger or acquisition. In that case, we will distribute the shares and/or cash to you directly. The second way is through an Express Deal on EquityZen, if eligible. An Express Deal allows you to sell your allocation of private shares in a given private company to another investor on EquityZen's marketplace. More information on Express Deals can be found here and exit information can be found here.
Why choose EquityZen?
Since 2013, the EquityZen marketplace has made it easy to buy and sell shares in private companies. EquityZen brings together investors and shareholders, providing liquidity to early shareholders and private market access to accredited investors. With low investment minimums through our funds and with more than 48K private placements completed across 450+ companies, EquityZen leads the way in delivering "Private Markets for the Public."