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Plaid

1098 Harrison St, San Francisco, CA, 94103, United States

Overview

Plaid develops financial technology infrastructure that enables applications to connect with users' bank accounts and financial data. The company provides APIs that facilitate secure access to consumer-permissioned banking, investment, and credit information across various financial institutions. Plaid’s platform supports services such as personal finance management, payments, lending, and identity verification. It is commonly used by fintech applications to streamline onboarding, verify account ownership, and aggregate financial data in real-time. By bridging financial institutions and digital tools, Plaid plays a role in enabling the development of consumer-facing financial services and tools.

Total investments
2
Lead investments
0
Investments · 12mo
0
Active investors
8

Sector focus

  • Banking
  • Financial Services
  • FinTech
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Investment portfolio

  • Tetrix

    Participated · Seed · Sep 2024

    Tetrix provides an AI-powered platform that automates data collection from fund reports, extracts key financial and qualitative information, and delivers clear, actionable analytics for alternative-investment portfolios. The platform reduces time to actionable investment data from 45 days to 1 day and claims to save capital allocators 4,000+ hours annually while providing 10x deeper insights. Tetrix’s product targets capital allocators managing private-market assets and focuses on proprietary data collection, extraction, and analysis capabilities. The company is led by CEO Olivier Babin alongside Naunidh Singh Bhalla and is based in New York City. Tetrix says it will use the new funding to expand its proprietary data collection, extraction, and analysis platform. The description and metrics come directly from the company’s statements in the article.

  • Knot

    Participated · Series A · Aug 2023

    Knot provides an API that lets card issuers instantly update card-on-file information at nearly any merchant with minimal code, simplifying onboarding for consumers and boosting issuer revenue and retention. The platform automates switching saved payment methods when users request it, aiming to increase user spend and reduce churn. Knot plans to scale its services and accelerate expansion of merchant support to widen coverage. The company is also developing additional products, including the Knot Subscription Canceller and an Account Creator, to deepen integration into customers' digital lives. Rory O’Reilly leads the company as CEO and the business is based in New York City.

Team