Plaid revenue and valuation
Specter estimates Plaid's annual revenue at $480M to $1.24B and its valuation at $8.18B to $11.4B. The company last reported $500M revenue in December 2025 and was priced at $6.1B in April 2025.
- Estimated revenue
- $480M–$1.24B
- Estimated valuation
- $8.18B–$11.4B
- Reported revenue
- $500M
- Total funding
- $1.31B
- Founded
- 2013
- Headquarters
- San Francisco, United States
- Employees
- 1,888
Plaid revenue
Plaid grew from $308M revenue in December 2023 to $500M in December 2025. Specter's model puts current revenue between $480M and $1.24B, anchored to three reported figures.
Monthly data
| Month | Specter estimate | Low | High | Reported revenue |
|---|---|---|---|---|
| $770M | $480M | $1.24B | ||
| $790M | $670M | $930M | ||
| $690M | $470M | $1.01B | ||
| $630M | $460M | $870M | ||
| $510M | $400M | $660M | ||
| $500M | $400M | $640M | ||
| $500M | $410M | $630M | ||
| $500M | $410M | $620M | ||
| $500M | $410M | $610M | ||
| $500M | $410M | $600M | ||
| $500M | $420M | $600M | $500M | |
| $480M | $320M | $730M | ||
| $470M | $330M | $670M | ||
| $450M | $280M | $730M | ||
| $440M | $280M | $700M | ||
| $420M | $270M | $660M | ||
| $410M | $300M | $560M | ||
| $400M | $310M | $520M | ||
| $390M | $300M | $490M | ||
| $370M | $290M | $480M | ||
| $360M | $290M | $450M | ||
| $350M | $280M | $430M | ||
| $340M | $280M | $410M | $338M | |
| $340M | $200M | $550M | ||
| $330M | $200M | $550M | ||
| $330M | $200M | $540M | ||
| $330M | $198M | $540M | ||
| $330M | $210M | $500M | ||
| $320M | $210M | $500M |
| Date | Reported revenue | Source |
|---|---|---|
| $500M | ||
| $338M | ||
| $308M |
Plaid valuation
Plaid was valued at $6.1B at its venture round in April 2025, down from $13.4B in April 2021. Specter's live estimate sits between $8.18B and $11.4B.
Monthly data
| Month | Specter estimate | Low | High | Reported valuation |
|---|---|---|---|---|
| $9.65B | $8.18B | $11.4B | ||
| $7.98B | $6.45B | $9.86B | ||
| $7.95B | $6.57B | $9.63B | ||
| $8B | $6.65B | $9.62B | $8B (press) | |
| $8B | $6.48B | $9.88B | ||
| $8B | $6.58B | $9.73B | ||
| $8B | $6.6B | $9.69B | ||
| $8B | $6.65B | $9.62B | $8B (press) | |
| $8B | $6.65B | $9.62B | $8B (press) | |
| $7.79B | $5.72B | $10.6B | ||
| $7.58B | $5.7B | $10.1B | ||
| $7.37B | $5.73B | $9.5B | ||
| $7.18B | $5.6B | $9.19B | ||
| $6.99B | $5.57B | $8.75B | ||
| $6.8B | $5.47B | $8.44B | ||
| $6.62B | $5.26B | $8.33B | ||
| $6.44B | $5.26B | $7.89B | ||
| $6.27B | $5.16B | $7.61B | ||
| $6.1B | $5.07B | $7.33B | $6.1B (round) | |
| $2.92B | $2.74B | $5.04B | ||
| $2.93B | $2.69B | $5.09B | ||
| $2.85B | $2.41B | $4.64B | ||
| $2.87B | $2.18B | $4.55B | ||
| $2.86B | $2.19B | $4.62B | ||
| $2.86B | $2.17B | $4.64B | ||
| $2.84B | $1.98B | $4.44B | ||
| $2.73B | $1.97B | $4.4B | ||
| $5.18B | $4.68B | $6.08B | ||
| $4.8B | $4.46B | $4.87B |
Plaid funding rounds
| Date | Round | Raised | Post-money valuation | Lead investors |
|---|---|---|---|---|
| Secondary | Undisclosed | Undisclosed | Undisclosed | |
| Venture round | $575M | $6.1B | Franklin Templeton | |
| Secondary | Undisclosed | Undisclosed | Undisclosed | |
| Series D | Undisclosed | Undisclosed | The Players Impact | |
| Series D | $425M | $13.4B | Altimeter Capital | |
| Series C | $250M | $2.65B | Kleiner Perkins, Index Ventures | |
| Series B | $44M | Undisclosed | Goldman Sachs Investment Partners | |
| Series A | $12.5M | Undisclosed | New Enterprise Associates, Spark Capital | |
| Seed | $2.8M | Undisclosed | Spark Capital |
Plaid competitors
The financial connectivity market splits between raw data aggregation and high-value analytical payment platforms.
| Company | Revenue | Valuation |
|---|---|---|
| $480M–$1.24B | $8.18B–$11.4B | |
| $75M–$199M | $1.11B–$2.35B | |
| $24M–$163M | No estimate | |
| $53M–$165M | No estimate | |
| $23M–$62M | $600M–$1.42B |
Plaid revenue and valuation FAQ
What is Plaid's revenue?
Specter estimates Plaid's annual revenue at $480M to $1.24B as of October 2026. Plaid last reported $500M revenue in December 2025, up from $308M in December 2023.
What is Plaid's valuation?
Plaid's latest post-money valuation is $6.1B, from an April 2025 venture round. Specter's live estimate is $8.18B to $11.4B.
What is Plaid's revenue multiple?
Plaid is valued at about 12.2× revenue, based on its $6.1B April 2025 valuation and $500M last reported revenue. That works out to roughly $265K of revenue per employee.
How much funding has Plaid raised?
$1.31B across nine rounds, from a $2.8M Seed in September 2013 to a Secondary in February 2026.
Who invested in Plaid?
32 investors, including Altimeter Capital, Franklin Templeton, Goldman Sachs Investment Partners, Index Ventures, Kleiner Perkins and The Players Impact.
Who are Plaid's competitors?
MX Technologies, Tink, Finicity, a Mastercard Company and TrueLayer. Specter ranks 30 competitors for Plaid.