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B2B payments & receivable platform
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More information about location
21-100 employees
Plooto's mission is to develop financial tools for small to medium-sized businesses to help them run smoothly and efficiently.
Plooto was formed to solve a really big problem. 82% of all businesses fail due to poor management of finances and cashflow. Traditional solutions for small businesses are expensive or faulty, leaving many owners to rely on consumer products or send checks.
Plooto offers cash flow management tools that enable businesses to automate accounts payable and receivable functions under a single platform. To find a solution that does both is rare.
The company's 2022 funding will aid customer, hiring, and product expansion. Plooto's success will rely on its ability to address the challenges of as many entities as possible, which is why its funding is also being used to further customize its product.
Freddie
Company Specialist at Welcome to the Jungle
Some candidates hear
back within 2 weeks
48% employee growth in 12 months
Dec 2022
$20m
SERIES B
Apr 2021
$5.8m
SERIES A
CityPlace, Toronto, ON
Serguei Kloubkov
(CTO)Sergui earned their stripes as a developer at DataLink before starting Vast, a successful Casual Games company where they single handedly wrote the entire game engine for Hard Hitting Hockey.
Hamed Abbasi
(CEO)They were the Sales and Marketing Manager for Wayspa, which they transitioned from a small 2 person team to a company with over $4 million in annual sales. Prior to Plooto, they were also CEO of Vast, a successful casual games company they co-founded.
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