Denmark based provider of expense management software and smart company cards raised $200m in extended Series C funding led by Coatue.
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Pleo raises $200m in extended Series C funding
“The relevance of tooling to allow workforces to work in smooth ways while being distributed is very high right now,” Rindom said in an interview. “You may not be going out as much, but distributed workers need access to funds for a piece of software, or a subscription, or something else. Previously it’s been easy to, say, borrow a card from manager or the finance team to handle this. But you can’t do that anymore. Our product has become increasingly relevant for that reason.”
