Plastiq

San Francisco, CA Fintech Acquired

Plastiq is a B2B payments platform that allows small and medium-sized businesses to pay suppliers by credit card even when vendors don't accept them, and enables vendors to receive payments via ACH, wire transfer, or check. The platform decouples funding methods from disbursement methods, providing flexible payment and receivables automation solutions.

Acquired

Plastiq has been acquired

Acquired by Priority Technology Holdings August 1, 2023 $37M

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2012

Employees

51–200

Total Funding

$120.35M

7 rounds

Funding

Total raised $120.35M across 7 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series E

Date

November 21, 2021

Amount

Not disclosed

Valuation

Lead Investors

Not disclosed
DateRoundAmount RaisedValuationLead Investors
November 21, 2021 Series E Not disclosed Not disclosed
March 26, 2020 Series D $75M B Capital Group
November 19, 2018 Series C $27M Kleiner Perkins

Leadership

  • Eliot Buchanan

    CEO & Co-Founder

    LinkedIn
  • Daniel Choi

    Co-Founder

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Bill.com

    Cloud-based accounting and payments software for businesses

  • Tipalti

    Global payment automation platform for vendor payments and payables

  • Stripe

    Online payment processing platform

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