With 27 unicorns from 26 million people, the Nordics have generated the highest number of unicorns per capita in the world outside Silicon Valley. Danish tech ecosystem has produced eight unicorns, including Zendesk, Unity, Tradeshift, Just Eat, Sitecore, Trustpilot, Net Company, and Chainalysis.
Now, Copenhagen-based B2B fintech startup Pleo, an employee credit card and expense solution provider has joined the European’ unicorn’ club after raising Denmark’s biggest ever Series C at $150 million.
The investment round was co-led by California-based Bain Capital Ventures and New York-based Thrive Capital, with contributions from investors who continue to support Pleo, including Creandum, Kinnevik, Founders, Stripes and Seedcamp. With this, Keri Gohman, Bain Capital Ventures’ partner, will be joining Pleo’s board of directors. Further, the round also brings Pleo’s valuation to approximately USD $1.7 billion....