The Latest News from Plastiq – More Money to Build Better Bill Pay For You

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I am thrilled and humbled to announce that Plastiq has raised $27 Million in Series C funding. This comes on the heels of the other recent funding we also announced this past spring. Both of these milestones could not have been reached without the continued support of all of you – our customers and partners.

At Plastiq our vision is to make it easy to pay for virtually any expense via credit card. As growing business owners and savvy consumers Plastiq empowers you to unlock the flexibility of credit you’ve already earned and realize the rewards you deserve – whether paying for key suppliers, taxes, rent, or more.

This additional funding will not only allow us to expand and transform our business, but to ensure the benefits of Plastiq are available to you whenever and wherever is most convenient to you.

Ilya Fushman, General Partner at Kleiner Perkins, who led this investment, says, “Plastiq holds a unique value proposition that not only empowers small business owners to continue growing their operations, but also offers an advanced platform that makes it possible to pay for their most important expenses and obtain the capital they need, anytime and anywhere.”

And that’s exactly what we are setting out to do even better than before.

Our launch of expedited check delivery as a new part of Plastiq’s Accelerated Payment Suite in October is just a small taste of what’s to come. As our company grows and we develop new products to make your payments seamless, faster, and easier, we would love to hear what you would like to see from Plastiq – please vote using our poll on the blog homepage!

For more detail on the new round of financing, please read the full press release here and thoughts from our leading investor, Kleiner Perkins, here.

Thank you again for being a part of Plastiq and if you have any questions or comments you can reach me personally at elb@plastiq.com.

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