Plaid

Company research

Public company, workplace, funding, and market signals

Updated Aug 5, 2026

Overview

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

San Francisco, California (HQ)

New York City, New York

Seattle, Washington

Raleigh-Durham, North Carolina

Salt Lake City, Utah

London, United Kingdom

Business model

B2B API/platform SaaS

Usage-based payments and data/API fees

Enterprise financial-data, identity and fraud products

Developer platform serving fintechs, banks and lenders

Funding

Stage

Late-stage private / pre-IPO

Total raised

$1.3B

Latest round

Employee liquidity/common-stock sale (tender financing) · Apr 2025

Latest amount

$575M

Employee share sale / tender offer

Feb 2026

Common-stock sale / employee liquidity financing

Apr 2025 · Franklin Templeton

$575M

Series D extension / strategic financing

Aug 2021 · J.P. Morgan Private Capital

Series D

Apr 2021 · Altimeter Capital

$425M

Series C

Dec 2018 · Mary Meeker / Kleiner Perkins

$250M

Series B

Jun 2016 · Goldman Sachs Investment Partners

$44M

Series A

Nov 2014 · New Enterprise Associates

$12.5M

Seed

Sep 2013 · Spark Capital

$2.8M

People & investors

Leadership

Zach Perret

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

Altimeter Capital

Andreessen Horowitz

BlackRock

Fidelity Management and Research

Franklin Templeton

Goldman Sachs Investment Partners

Index Ventures

J.P. Morgan Private Capital

Kleiner Perkins

New Enterprise Associates

Work & culture

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

Competitive pay and company equity

Health, dental and flexible-spending benefits

Fertility, mental-health and parental-leave support

Home-office stipend

Daycare/childcare support

Commuting benefits including CitiBike and Lyft

Catered office meals, snacks, clubs and happy hours

Internship and professional-development support

Product & market

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

—Large multi-market financial-institution connectivity network
—Developer-friendly APIs and Link account-connection experience
—Broad product suite spanning data, payments, identity, lending and fraud
—Strong fintech adoption and consumer reach
—Data normalization and risk/identity capabilities built on a large transaction network
—Coverage across the US, Canada, UK and Europe

Technology

AWS

Kubernetes

Amazon Aurora MySQL

TiDB

Node.js

Java

Ruby

Python

Apache Kafka

PostgreSQL

Redis

TensorFlow

PyTorch

dbt

GitHub Enterprise

React

Customers

Venmo

Robinhood

SoFi

Betterment

Citi

H&R Block

GoFundMe

Zillow

Rocket

Affirm

Chime

Carvana

Expensify

Microsoft

PayPal

Competitors

Envestnet Yodlee

Finicity / Mastercard

Tink / Visa

Akoya

TrueLayer

Trustly

Galileo

Codat

Synapse

Scale & contact

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

Signals & risks

Other

Visa’s proposed approximately $5.3 billion acquisition of Plaid was abandoned in January 2021 after regulatory/antitrust scrutiny.

Source

Other

Apr 2025

A $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.

Source

Other

Feb 2026

A 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.

Source

Latest news

Plaid valued at $8B in employee share sale

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.

Fintech Plaid Completes Tender Offer At $8B Valuation

Crunchbase News · Feb 2026

Coverage of the $8 billion tender offer and Plaid’s newer AI/intelligent-finance strategy.

Fintech Plaid raises $575M at a $6.1B valuation, says it will not go public in 2025

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.

Plaid raises $575 million funding round at $6 billion valuation

CNBC · Apr 2025

The round reflected lower private-market multiples, while CEO Zach Perret said an IPO remained a longer-term path.

Welcoming Plaid’s New President, Jen Taylor

Plaid · Feb 2024

Plaid announced Jen Taylor, formerly Cloudflare’s Chief Product Officer, as its first President.

Jobs and careers at Plaid

114 jobs at Plaid

Security Engineer - Platform Security

Remote

All Departments

Seattle Office; Seattle, Washington, United States

1d ago

Remote

Full-time