Visa’s proposed approximately $5.3 billion acquisition of Plaid was abandoned in January 2021 after regulatory/antitrust scrutiny.
SourcePublic company, workplace, funding, and market signals
Updated Aug 5, 2026
Plaid is a private financial-technology infrastructure company that provides a developer-friendly data network and APIs connecting consumers’ financial accounts to fintech applications, banks, lenders and payment services. Its network supports more than 12,000 financial institutions and over 9,000 digital financial services.
Primary product
Plaid’s open-finance/API platform: account linking and financial-data connectivity, expanded into payments, identity verification, income/assets, lending, fraud prevention, investments and monitoring.
Founded
2013
Headquarters
San Francisco, California, United States
Team size
1,100–1,300 (reported 1,200 in April 2025; third-party estimates around 1,130–1,318 in 2026)
Work style
Flexible
Industry
Financial technology / software development
Sub-industry
Open banking, financial-data connectivity and fintech infrastructure
Offices
Business model
Stage
Late-stage private / pre-IPO
Total raised
$1.3B
Latest round
Employee liquidity/common-stock sale (tender financing) · Apr 2025
Latest amount
$575M
Common-stock sale / employee liquidity financing
Apr 2025 · Franklin Templeton
Leadership
Co-founder & Chief Executive Officer
William Hockey
Co-founder; former Chief Technology Officer
Jen Taylor
President
Will Robinson
Chief Technology Officer
Eric Hart
Chief Financial Officer
John Pitts
Head of Policy
Meredith Fuchs
Chief Legal Officer, General Counsel and Corporate Secretary
Jason Pate
Chief Strategy Officer
Investors
Plaid describes a high-autonomy, impact-oriented, bottoms-up culture with fast shipping, technical craft, growth mindset and empowered individual contributors. Engineering emphasizes focused execution, long-term ownership and IC-driven roadmaps.
Work style
Flexible
Compensation
Public signals indicate competitive pay, equity and comprehensive benefits; third-party employer data reports compensation ratings around 4.1/5, but a complete verified company-wide salary table was not established.
Benefits
Pricing
Primarily usage-based/API and enterprise pricing; some developer products offer self-serve plans, while pricing for larger data, payments, identity and fraud deployments is generally tailored.
Differentiators
Technology
Estimated revenue
Approximately $100M–$500M annually; one third-party company profile estimates about $170M, while other market estimates cite approximately $500M+ ARR. Treat as directional, not company-reported.
Estimated monthly visits
25.1M
Traffic estimate as of Jun 2026
Visa’s proposed approximately $5.3 billion acquisition of Plaid was abandoned in January 2021 after regulatory/antitrust scrutiny.
SourceA $575 million common-stock/tender financing valued Plaid at $6.1 billion, below its 2021 peak of $13.4 billion; management said it was not ready for an IPO in 2025.
SourceA later employee tender/share-liquidity event valued Plaid at $8 billion, still below its 2021 peak, while the company increased its focus on AI and intelligent finance.
TechCrunch · Feb 2026
Plaid completed an employee share-liquidity transaction at an $8 billion valuation, up from $6.1 billion in 2025 but below its $13.4 billion 2021 peak.
Crunchbase News · Feb 2026
Coverage of the $8 billion tender offer and Plaid’s newer AI/intelligent-finance strategy.
TechCrunch · Apr 2025
Plaid raised $575 million led by Franklin Templeton, primarily supporting employee RSU taxes and liquidity; it reported over 25% 2024 revenue growth.
CNBC · Apr 2025
The round reflected lower private-market multiples, while CEO Zach Perret said an IPO remained a longer-term path.
108 jobs at Plaid
Customers
Competitors
Plaid · Feb 2024
Plaid announced Jen Taylor, formerly Cloudflare’s Chief Product Officer, as its first President.
Series D extension / strategic financing
Aug 2021 · J.P. Morgan Private Capital
Apr 2021 · Altimeter Capital
Dec 2018 · Mary Meeker / Kleiner Perkins
Jun 2016 · Goldman Sachs Investment Partners
Nov 2014 · New Enterprise Associates
Sep 2013 · Spark Capital