Plaid Stock
API for developers of financial services applications
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About Plaid Stock
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. Plaid provides data such as cleaned merchant name, category, street address, geocode, date, and dollar value. 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.
Investors
New Enterprise Associates
Robinhood, Databricks, Jet, TAE Technologies, Scopely, Bloom Energy, Opendoor, Radiology Partners, DataRobot, Tempus
Spark Capital
Anduril Industries, Slack, Affirm, MessageBird, Discord, Rapyd, Plaid, Cybereason, Plume Design, Deel
Goldman Sachs
WeWork, Alibaba, Spotify, Compass, Pinterest, Bloom Energy, Oscar Health, Circle, Ramp, Automation Anywhere
Felicis Ventures
Wish, Scopely, Opendoor, Dollar Shave Club, Gusto, Zipline, Coalition, Plaid, Crusoe Energy Systems, Guild Education
BoxGroup
Scopely, Dataminr, Zipline, Plaid, Workrise, Bowery Farming, Blue Apron, Guideline, VTS, Boxed
Funding History
| July 2013 | $2.9M |
|---|---|
| January 2015 | $11.8M |
| June 2016 | $42.0M |
| December 2016 | $2.1M |
| December 2018 | $256M |
| April 2021 | $450M |
| July 2021 | $7.5M |
| July 2021 | $50.0M |
Management
Co-founder
William Hockey
Co-Founder & CEO
Zach Perret
Press
thepaypers - Apr, 12 2024
Multifi partners with Plaid to support UK SMEsthepaypers - Mar, 28 2024
Plaid announces new partnerships to combat fraudmorningstar - Mar, 27 2024
Sandbox Banking Partners with Plaid to Strengthen Identity Verification and Elevate Banking Solutionspymnts - Mar, 27 2024
RealPage and Plaid Team to Curb Rental Fraudprnewswire - Mar, 11 2024
PayToMe.co Elevates Fintech Ecosystem as Official Plaid PartnerEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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