Pleo is a Danish financial technology company founded in 2015 by Jeppe Rindom and Niccolo Perra, specializing in business spend management solutions. The company offers smart company cards and an integrated platform to manage expenses, reimbursements, invoices, and budgets, aiming to streamline The company offers smart company cards and an integrated platform to manage expenses, reimbursements, invoices, and budgets, aiming to streamline financial processes for businesses.
As of 2024, Pleo serves over 37,000 companies across 16 European countries, providing tools that empower employees with purchasing capabilities while granting finance teams control and oversight. The company's solutions include physical and virtual company cards, automated invoice processing, and real-time spending insights. The company's solutions include physical and virtual company cards, automated invoice processing, and real-time spending insights.
Pleo has experienced significant growth since its inception, expanding from its Copenhagen headquarters to offices in London, Berlin, Stockholm, Madrid, Lisbon, Paris, Amsterdam, and Chennai. Madrid, Lisbon, Paris, Amsterdam, and Chennai. The company has attracted substantial investment, raising a total of $471 million to date.
The company's mission is to make spend management surprisingly effective and empowering, automating traditional expense processes to provide freedom for employees and control for finance teams.
Pleo's headquarters are located at Ravnsborg Tværgade 5C, 2200 Copenhagen N, Denmark.
The company has a diverse team of over 1,000 employees representing more than 55 nationalities. Pleo's leadership includes co-founders Jeppe Rindom (CEO) and Niccolo Perra (Co-Chief Technology Officer), along with executives such as Søren Lonning (Chief Financial Officer) and Thorbjørn Fink (Co-Founder & Chief Operating Officer). rn Fink (Co-Founder & Chief Operating Officer).
Pleo's investors include notable venture capital firms such as Alkeon Capital Management, Bain Capital Ventures, and Coatue Management.
Pleo's platform integrates with various accounting software providers, enabling businesses to access complete visibility over company spending. The company emphasizes security and bank-level protection, ensuring that client data and transactions are safeguarded.
In addition to its core services, Pleo offers features such as multi-entity management, spend controls, automation of expense reports, and detailed analytics to help businesses optimize their financial operations. analytics to help businesses optimize their financial operations.
Pleo's commitment to innovation and customer satisfaction has positioned it as a leading spend management platform in Europe, trusted by thousands of businesses to streamline their financial processes. Pleo's commitment to innovation and customer satisfaction has positioned it as a leading spend management platform in Europe, trusted by thousands of businesses to streamline their financial processes.
