Pleo Technologies ApS announced it has received $150 million in its its series C round of funding co-led by new investors, Bain Capital Venture Partners, LLC and Thrive Capital. on July 5, 2021. The transaction also included participation from existing investors, Creandum AB, Kinnevik AB, Founders A/S, Stripes Group LLC and Seedcamp. As part of the transaction, Keri Gohman of Bain Capital Venture Partners, LLC has joined the company's board of directors. The round was raised at a post-money valuation of $1,700 million.