Plooto

Plooto in its $8 million Series A financing

Client

Plooto

Value

$8 million

Service

Emerging and High Growth Companies

Date Closed

April 2021

Industry

Fintech

Lead Office

Toronto

 

On April 21, 2021, Plooto, an all-in-one automated accounts payable & receivable software, announced it had completed a $8 million Series A financing round, led by FINTOP Capital. The recent financing round brings Plooto’s capital to $15 million. The new funds raised will go toward product development and scaling the business.

Osler, Hoskin & Harcourt LLP advised Plooto with a team consisting of Chad Bayne, Gary Marshall and Sahil Chopra (Emerging High Growth & Companies).