Funding round
Plata Series A
Plata, which works in personal unsecured loan services in Southampton, raised $160M in a Series A round announced on 11 Mar 2025, led by Kora, at a $1.50B post-money valuation. 2 firms took part. It is Plata's first venture round on record.
$160M
Amount raised
$1.50B
Post-money valuation
$1.34B pre-money
2
Investors
1 lead
11%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Plata at $1.50B after the new money. The $160M bought investors about 11% of the company. It is 39% of the $410M Plata has raised in the venture rounds on record. Plata raised again 7 months later: a Series B round of $250M in Oct 2025, at $3.10B post-money.
Plata's funding rounds
Plata has 2 venture rounds on record and 2 other deals. This one is highlighted.
- Debt not a venture round 1 Apr 2024 $100M
- Series A this round 11 Mar 2025, led by Kora $160M$1.50B post-money
- Series B 1 Oct 2025, led by Kora, Moore Strategic Ventures and TelevisaUnivision $250M$3.10B post-money
- Debt not a venture round 15 Dec 2025 $500M
Investors
Who put money in
Kora led the round with 1 other firm.
Lead investor
- backs 8 venture-backed companies new investor
Also in the round
- Moore Strategic Ventures new investor
Comparable rounds
How it compares
50 Series A rounds in Loans & Financing within a year either side disclosed an amount; the median was $13M, and this round was 13 times the median. The closest in time, other companies' Series A rounds in Loans & Financing:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Loans & Financing | 4 Mar 2025 | $49M | not disclosed | a US private credit fund focussed on supporting lenders internationally |
| Loans & Financing | 5 Mar 2025 | $34M | not disclosed | not named |
| Loans & Financing | 21 Mar 2025 | $5.0M | not disclosed | not named |
| Loans & Financing | 21 Mar 2025 | $1.5M | not disclosed | not named |
| Loans & Financing | 25 Feb 2025 | $69M | not disclosed | Breega |
| Loans & Financing | 30 Apr 2025 | $16M | not disclosed | not named |
| Loans & Financing | 4 Apr 2025 | $13M | not disclosed | Alpha Edison and TTV Capital |
| Loans & Financing | 22 Apr 2025 | $12M | not disclosed | Lance East Office |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Plata raise in its Series A round?
Plata raised $160M in its Series A round, announced in Mar 2025.
Who led Plata's Series A round?
Kora led it, with Moore Strategic Ventures.
What was Plata's valuation at the Series A round?
$1.50B post-money ($1.34B pre-money).
How does it compare with other Series A rounds in Loans & Financing?
50 Series A rounds in Loans & Financing within a year either side disclosed an amount; the median was $13M, and this round was 13 times the median.
Did Plata raise again after this round?
Yes: a Series B round in Oct 2025 of $250M at $3.10B post-money.