Series B · Fintech · London, United Kingdom · Founded 2014 · 200–220 employees
Plate IQ develops accounts payable automation software for restaurants and hospitality operators, digitizing and extracting line‑item invoice data and automating approvals and bill payments. It has processed over US$10 billion in invoices and serves more than 10,000 businesses across all 50 states, reflecting strong adoption in its core U.S. market. The company raised US$160 million in a Series B round led by FTV Capital in November 2021, underscoring investor confidence in its growth trajectory. It integrates with major accounting systems such as QuickBooks, NetSuite, and Xero, positioning itself as a comprehensive back‑office automation layer.
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