| Founded | 2015 |
|---|---|
| Closed | 2023 |
| Country | Denmark |
| Sector | Fintech |
| Total raised | $200M (Bain Capital, Thrive Capital, 2015–2021) |
| Collapse type | Mass Layoff Spiral |
| Founder | Jeppe Rindom |
Pleo (restructuring)
"Denmark's $4.7B spend management unicorn cut 15% of staff as the SMB fintech winter hit hard"
Cascading layoffs that accelerated the decline
Key Events Timeline
Pleo raised $200M at a $4.
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