Coatue Management led a $200m funding round in Pleo.

Coatue Management, a private equity firm, led a $200m funding round in Pleo, a spending solutions provider. Additional investors include Alkeon Capital Management, Bain Capital Ventures, Kinnevik and Stripes "Our vision is certainly big enough to create a massive standalone company. An IPO is certainly a way forward, but the way the financial markets have developed the past five years, it doesn’t have to be the only option," Jeppe Rindom, Pleo CEO.