Plastiq

Plastiq is a bill pay service for savvy consumers and businesses seeking an edge.

Plastiq is the intelligent payments solution enabling businesses to pay or accept payment via a credit card for virtually any expense.

Plastiq was founded in 2012 by Eliot Buchanan and Daniel Choi. The company is headquartered in San Francisco, California, with offices in Boston, Massachusetts and Mississauga, Ontario.

Plastiq is on a mission to empower individuals and businesses to pay for things in whatever way is best for you.

Plastiq's platform provides real-time insights into SMBs’ payments, cash flow and working capital. These insights inform SMBs how and when to pay business expenses, allowing them to efficiently manage resources across any industry supply chain.

 

Plastiq has revolutionized how its well over 1 million SMB and other customers optimize working capital and protect cash reserves by enabling them to pay or accept payment for anything with a credit card, even where credit cards are not accepted.

 

Plastiq is backed by Kleiner Perkins, B Capital Group, Khosla Ventures, Accomplice, Top Tier Capital Partners and others. The company raised $75M in a Series D round on Mar 25, 2020. This brings Plastiq's total funding to $141.1M to date.

 

Plastiq was named a recipient of the 2020 Forbes FinTech 50. The platform works with all major credit card providers, including Mastercard, Visa and American Express, and its automated payment platform has signed up more than one million clients, processing billions in payments for a wide range of expenses, from business supplier payments to contractors, taxes and rent.

 

 

  • Year founded: 2012
  • Funding Info: $141.1M over 7 Rounds (Latest Funding Type: Series D)
  • Yearly Revenue: $20M-$50M (2019)
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: San Francisco
  • State: California
  • Country: United States
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