---
title: "Plaid revenue and valuation"
description: "Plaid's revenue is estimated at $480M–$1.24B, last reported at $500M. Valued at $6.1B after raising $1.31B. Funding rounds and competitors."
url: https://www.tryspecter.com/revenue-valuation/plaid.md
canonical_url: https://www.tryspecter.com/revenue-valuation/plaid
publisher: Specter
last_updated: 2026-11-01
---

# 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.

Plaid provides APIs that connect apps to users' bank, credit, and investment accounts.

- Estimated revenue: $480M to $1.24B (October 2026)
- Estimated valuation: $8.18B to $11.4B (October 2026)
- Last reported revenue: $500M (December 2025)
- Total funding: $1.31B
- Founded: 2013
- Headquarters: San Francisco, United States
- Employees: 1,888
- Sector: Fintech
- Specter Rank: #55,981

## 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.

| Reported figure | Date | Source |
| --- | --- | --- |
| $500M revenue | December 2025 | [Plaid CFO Says IPO Can Wait as Revenues Jump 40%](https://www.pymnts.com/news/ipo/2026/plaid-cfo-says-ipo-can-wait-as-revenues-jump-40percent/) (pymnts.com) |
| $338M revenue | December 2024 | [Plaid's numbers for the $575M round at $6B](https://x.com/ArfurRock/status/1912567560291115397) (x.com) |
| $308M revenue | December 2023 | [Plaid CEO Zach Perret: Triple Growth Plan for the Return to the Top Position](https://www.forbes.at/artikel/plaid-chef-zach-perret-dreifacher-wachstumsplan-fuer-die-rueckkehr-zur-spitzenposition) (forbes.at) |

| Month | Specter estimate | Low | High |
| --- | --- | --- | --- |
| October 2026 | $770M | $480M | $1.24B |
| September 2026 | $790M | $670M | $930M |
| August 2026 | $690M | $470M | $1.01B |
| July 2026 | $630M | $460M | $870M |
| June 2026 | $510M | $400M | $660M |
| May 2026 | $500M | $400M | $640M |
| April 2026 | $500M | $410M | $630M |
| March 2026 | $500M | $410M | $620M |
| February 2026 | $500M | $410M | $610M |
| January 2026 | $500M | $410M | $600M |
| December 2025 | $500M | $420M | $600M |
| November 2025 | $480M | $320M | $730M |
| October 2025 | $470M | $330M | $670M |
| September 2025 | $450M | $280M | $730M |
| August 2025 | $440M | $280M | $700M |
| July 2025 | $420M | $270M | $660M |
| June 2025 | $410M | $300M | $560M |
| May 2025 | $400M | $310M | $520M |
| April 2025 | $390M | $300M | $490M |
| March 2025 | $370M | $290M | $480M |
| February 2025 | $360M | $290M | $450M |
| January 2025 | $350M | $280M | $430M |
| December 2024 | $340M | $280M | $410M |
| November 2024 | $340M | $200M | $550M |
| October 2024 | $330M | $200M | $550M |
| September 2024 | $330M | $200M | $540M |
| August 2024 | $330M | $198M | $540M |
| July 2024 | $330M | $210M | $500M |
| June 2024 | $320M | $210M | $500M |

## 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.

| Month | Specter estimate | Low | High |
| --- | --- | --- | --- |
| October 2026 | $9.65B | $8.18B | $11.4B |
| September 2026 | $7.98B | $6.45B | $9.86B |
| August 2026 | $7.95B | $6.57B | $9.63B |
| July 2026 | $8B | $6.65B | $9.62B |
| June 2026 | $8B | $6.48B | $9.88B |
| May 2026 | $8B | $6.58B | $9.73B |
| April 2026 | $8B | $6.6B | $9.69B |
| March 2026 | $8B | $6.65B | $9.62B |
| February 2026 | $8B | $6.65B | $9.62B |
| January 2026 | $7.79B | $5.72B | $10.6B |
| December 2025 | $7.58B | $5.7B | $10.1B |
| November 2025 | $7.37B | $5.73B | $9.5B |
| October 2025 | $7.18B | $5.6B | $9.19B |
| September 2025 | $6.99B | $5.57B | $8.75B |
| August 2025 | $6.8B | $5.47B | $8.44B |
| July 2025 | $6.62B | $5.26B | $8.33B |
| June 2025 | $6.44B | $5.26B | $7.89B |
| May 2025 | $6.27B | $5.16B | $7.61B |
| April 2025 | $6.1B | $5.07B | $7.33B |
| March 2025 | $2.92B | $2.74B | $5.04B |
| February 2025 | $2.93B | $2.69B | $5.09B |
| January 2025 | $2.85B | $2.41B | $4.64B |
| December 2024 | $2.87B | $2.18B | $4.55B |
| November 2024 | $2.86B | $2.19B | $4.62B |
| October 2024 | $2.86B | $2.17B | $4.64B |
| September 2024 | $2.84B | $1.98B | $4.44B |
| August 2024 | $2.73B | $1.97B | $4.4B |
| July 2024 | $5.18B | $4.68B | $6.08B |
| June 2024 | $4.8B | $4.46B | $4.87B |

| Reported valuation | Month | Source |
| --- | --- | --- |
| $8B | July 2026 | [investing.com](https://www.investing.com/news/stock-market-news/plaid-said-to-mull-us-ipo-after-reaching-8-billion-valuation-93CH-4771208) |
| $8B | March 2026 | [fintechnews.ch](https://fintechnews.ch/funding/plaid-8-billion-valuation-funding/82288/) |
| $8B | February 2026 | [techfundingnews.com](https://techfundingnews.com/plaid-hits-8b-valuation-in-secondary-round-eyes-ipo-path-as-fraud-tools-explode-400/) |
| $6.1B | April 2025 | Funding round |
| $13.4B | April 2021 | Funding round |
| $2.65B | December 2018 | Funding round |

## Plaid funding rounds

| Date | Round | Raised | Post-money | Lead investors |
| --- | --- | --- | --- | --- |
| 26 Feb 2026 | Secondary | Undisclosed | Undisclosed | Undisclosed |
| 3 Apr 2025 | Venture round | $575M | $6.1B | Franklin Templeton |
| 3 Apr 2025 | Secondary | Undisclosed | Undisclosed | Undisclosed |
| 17 Aug 2021 | Series D | Undisclosed | Undisclosed | The Players Impact |
| 7 Apr 2021 | Series D | $425M | $13.4B | Altimeter Capital |
| 11 Dec 2018 | Series C | $250M | $2.65B | Kleiner Perkins, Index Ventures |
| 19 Jun 2016 | Series B | $44M | Undisclosed | Goldman Sachs Investment Partners |
| 15 Nov 2014 | Series A | $12.5M | Undisclosed | New Enterprise Associates, Spark Capital |
| 19 Sep 2013 | Seed | $2.8M | Undisclosed | Spark Capital |

## Plaid vs competitors

The financial connectivity market splits between raw data aggregation and high-value analytical payment platforms.

| Company | Estimated revenue | Estimated valuation |
| --- | --- | --- |
| Plaid | $480M–$1.24B | $8.18B–$11.4B |
| MX Technologies (mx.com) | $75M–$199M | $1.11B–$2.35B |
| Tink (tink.com) | $24M–$163M | No estimate |
| Finicity, a Mastercard Company (finicity.com) | $53M–$165M | No estimate |
| TrueLayer (truelayer.com) | $23M–$62M | $600M–$1.42B |

## Questions

### 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.

## About this data

Specter models revenue and valuation monthly and anchors each estimate to reported figures and priced rounds. Method: https://www.tryspecter.com/revenue-valuation

Cite as: Specter. "Plaid revenue and valuation." tryspecter.com/revenue-valuation/plaid. Updated November 2026.