Altimeter Capital has led a round for the Alphabet, Amex, Citi, Mastercard and Visa-backed financial data sharing service, valuing it at $13.4bn.

Plaid, a US-based financial data software provider backed by corporate investors Alphabet, American Express (Amex), Citi, Mastercard and Visa, raised $425m in series D funding yesterday.

Growth equity firm Altimeter Capital led the round, investing together with Andreessen Horowitz (A16Z), Index Ventures, Kleiner Perkins, New Enterprise Associates (NEA), Ribbit Capital and Silver Lake. It valued the company at $13.4bn, according to CNBC, citing a source privy to the matter.

Founded in 2013, Plaid has created a software tool that helps…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
Email LinkedIn