Plaid, Inc.

San Francisco, California

Classification

Private

Financials

Revenue & Profit

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

Funding

About

About

Plaid Technologies, Inc. is a prominent fintech company that specializes in the development and provision of a cutting-edge platform designed to securely connect financial applications with users' bank accounts. Since its founding in 2012, the San Francisco-based firm has been transforming consumer and business interactions with financial services providers by delivering unparalleled access to financial data through streamlined, user-friendly solutions. The company's flagship offering, the Plaid API, serves as a robust intermediator between financial applications and banking institutions. By stimulating smooth transactions and enriching user experiences, the API empowers developers to access, authenticate, and dissect financial data. This, in turn, enables the creation of innovative applications spanning various segments, including personal finance, lending, investment management, and payment processing. Plaid provides a diverse array of critical features, such as account authentication, transaction and balance monitoring, identity validation, and income verification. These capabilities cater to a wide spectrum of business clients ranging from agile start-ups to established financial institutions and address an ever-expanding array of industry requirements. In addition to the core API product, Plaid also offers bespoke solutions tailored to accommodate the specialized demands of businesses operating within specific sectors, such as banking, lending, investment management, and payments. The company's team of seasoned professionals works in close collaboration with clients to devise custom solutions that propel digital transformation and fuel growth.

Keywords

Keywords

Classified

Private