Plooto: Raises $20M USD in Series B Funding
- Plooto is a cloud-based, end-to-end payment automation software company that helps small to mid-size businesses (SMBs)
- Centana Growth Partners is a specialized growth equity firm that invests in the future of finance
- Announced the closing of $20M USD ($27M CAD) in Series B funding
- The all-equity round was led by Centana Growth Partners, a specialized growth equity firm that invests in the future of finance
- The funding will be used to drive customer expansion, introduce new product lines, ramp up hiring
- Enable the advancement of entrepreneurs to reach their full potential without being bogged down by cumbersome
