Pluto
Financials
Estimates*
USD | 2022 | 2023 |
---|---|---|
Revenues | 2.2m | 3.8m |
% growth | - | 73 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
* | $6.0m | Seed | |
N/A | Early VC | ||
Total Funding | CAD8.2m |
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Recent News about Pluto
EditPlutoCard is a financial technology startup that offers a comprehensive spend management platform. The company primarily serves truck and fleet companies, e-commerce and retail businesses, manufacturing businesses, and agencies and tech companies. PlutoCard operates in the financial technology market, providing solutions to help businesses manage their expenses more efficiently.
The company's platform addresses common financial management issues such as lack of visibility into spending, difficulty in identifying cost reduction areas, and challenges in enforcing budget controls. It also eliminates the need for chasing employees to submit expense reports. PlutoCard's platform offers features such as accounts payable automation, ERP integration, budget-controlled purchasing cards, global payments, procurement and payables automation.
PlutoCard's business model revolves around providing its clients with a platform that streamlines their financial management processes. The platform allows businesses to manage the entire lifecycle of procurement, from purchase requests to generating purchase orders, bill and invoice matching, and more. It also provides real-time insights, petty cash management, and a centralized place for all bills, approvals, and payments.
The company generates revenue by charging its clients for using its platform. PlutoCard's customers reportedly save an average of 26% per month in finance team's time, making it a cost-effective solution for businesses looking to optimize their financial management processes.
Keywords: Spend Management, Financial Technology, Procurement, Payables Automation, Accounts Payable, ERP Integration, Budget Control, Global Payments, Petty Cash Management, Vendor Relationships.