Plaid funding rounds & valuation history
Plaid, the San Francisco company that connects bank accounts to financial apps, from its 2018 Series C through the 2021 peak, the 2025 down round and the 2026 employee share sale.
Round history
Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.
| Date | Status | Round | Amount | Lead / buyer | Valuation | Val. ÷ run-rate | Source |
|---|---|---|---|---|---|---|---|
IPO talk |
IPO talks with banks (reported)No filing found. Plaid’s CFO said preparations were ongoing but an IPO was “not imminent” (WSJ, Mar 2026, via PYMNTS). |
Not reported |
—Not disclosed |
Not reportedPreliminary discussions with banks, citing unnamed sources (Bloomberg, via PYMNTS) |
—Not disclosedTalks-stage or discussed figure; no multiple |
||
Tender |
Employee share saleEmployee liquidity; 31% above the April 2025 valuation and 40% below the 2021 peak (TechCrunch). Crunchbase News and WSJ describe it as a fundraise used to buy employee shares; Plaid disclosed no amount or new-share issue, so GNF treats it as a tender. |
—Not disclosed |
—Not disclosed |
$8BConfirmed by Plaid (TechCrunch); “reflects momentum from the past year” (Plaid, via Crunchbase News) |
—Not disclosedTender price, not a new round; no multiple |
||
Closed round |
Common stock sale (“not a Series E”)Down round. Proceeds to cover employee tax withholding on expiring RSUs and to offer some team liquidity (Plaid). New shares issued by Plaid (TechCrunch). |
~$575M |
Franklin TempletonAlso: Fidelity (FMR), BlackRock (new); NEA, Ribbit Capital (existing) |
$6.1BPost-money, confirmed by Plaid (TechCrunch)0.46× vs prior closed |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series DPeak valuation. Raised after Visa’s $5.3B acquisition fell through in January 2021 (TechCrunch). |
$425M |
Altimeter CapitalAlso: Silver Lake, Ribbit Capital (new) |
~$13.4B“TechCrunch understands”; not stated by Plaid. Basis not stated5.06× vs prior closed |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series CUp from “just over $200 million” at the 2016 Series B (TechCrunch). Total raised $310M. |
$250M |
Mary Meeker (Kleiner Perkins growth fund)Also: a16z, Index, Norwest, Coatue (new); Goldman Sachs, NEA, Spark (existing) |
$2.65BSources close to the company (TechCrunch); basis not stated |
—Not disclosedNo run-rate stated in the announcement |
Valuation at each closed round
Valuations at closed rounds; only the 2025 figure is stated as post-money. The 2026 employee sale is not plotted.
Sources: Plaid; TechCrunch. US$ billions, linear scale.
Timeline
Rounds, share sales and IPO reports, oldest first.
- 11 Dec 2018 · Closed
Series C: $250M at $2.65B.
- 7 Apr 2021 · Closed
Series D: $425M at ~$13.4B.
- 3 Apr 2025 · Closed
~$575M common stock at $6.1B post-money.
- 26 Feb 2026 · Tender
Employee share sale at $8B.
- 1 Jul 2026 · IPO talk
Reported preliminary talks with banks.
Cite this dataset
Free to quote with a link back. Copy this citation:
Plaid Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/plaid/
Download the data
The same 5 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.
- File
plaid-rounds.csv(UTF-8, comma-separated)- Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/plaid-rounds.csv- Columns
id,date,date_precision,status,transaction_type,round,amount_usd_low,amount_usd_high,lead_or_buyer,co_leads,valuation_usd_low,valuation_usd_high,valuation_basis,valuation_to_run_rate_multiple,multiple_bound,multiple_basis,step_up_vs_prior_closed,price_per_share_usd_low,price_per_share_usd_high,shares,source,source_url,other_source_urls,notes,last_updated- Updated
- (IST)
Methodology & status definitions
How each row is labelled and calculated.
Closed round
A primary sale of new shares announced by Plaid or confirmed to the press.
Tender
A sale of existing shares, such as an employee sale. No new money to Plaid; no step-up and no multiple.
IPO talk
A reported IPO step without a filing. Not charted.
Valuation ÷ run-rate
Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Plaid has not stated a run-rate with a round, so no multiple is shown.
What is not a separate row
Seed, Series A and the 2016 Series B ($44M, month not given), the cancelled Visa acquisition, debt, and secondary-market prices.
Updates & corrections
This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.
Changelog
- : Dataset first compiled: 2018 Series C to the July 2026 IPO report.
Sources
- PYMNTS: Plaid talks with banks about potential IPO, 1 Jul 2026
- TechCrunch: Plaid valued at $8B in employee share sale, 26 Feb 2026
- Crunchbase News: Fintech Plaid completes tender offer at $8B valuation, Feb 2026
- Plaid: Plaid’s latest fundraise, Apr 2025
- TechCrunch: Fintech Plaid raises $575M at a $6.1B valuation, 3 Apr 2025
- Plaid: Digital finance is everywhere, but it’s just getting started, 7 Apr 2021
- TechCrunch: Plaid raises $425M Series D from Altimeter, 7 Apr 2021
- TechCrunch: Fintech startup Plaid raises $250M at a $2.65B valuation, 11 Dec 2018