Plug and Play Tech Center

2006

Founded

1378

Investments

United States

Offices

Accelerator

Investor Type

About

Plug and Play Tech Center is a global innovation platform headquartered in Sunnyvale, California, dedicated to catalyzing technological advancement by connecting startups, corporations, and investors worldwide. Founded in 2006 by Saeed Amidi, the firm has established itself as a leading accelerator and venture capital firm, operating over 60 industry-focused accelerator programs across more than 35 cities globally. These programs support startups at various stages, from seed to Series C, and cover a wide range of industries, including Fintech, Insurtech, Internet of Things, Brand & Retail, Mobility, New Materials & Packaging, Sustainability, Food & Beverage, Travel & Hospitality, Health & Wellness, and Supply Chain & Logistics.

Plug and Play collaborates with over 500 industry-leading corporations and partners with more than 300 venture capital firms to invest in over 250 companies annually. Notable companies in its portfolio include PayPal, LendingClub, Dropbox, NatureBox, SoundHound, Zoosk, Matcha (acquired by Apple), VentureBeat, FiscalNote, CreditSesame, Api.ai (acquired by Google), Milo (acquired by eBay), AddThis (acquired by Oracle), Baarzo (acquired by Google), ChangeTip (acquired by Airbnb), Danger (acquired by Microsoft), Ellie Mae (acquired by Ellie Mae), and Vudu (acquired by Walmart). The firm's mission is to make innovation open to anyone, anywhere, fostering collaboration and accelerating the development of cutting-edge technologies.

Portfolio Companies

PayPal, LendingClub, Dropbox, NatureBox, SoundHound, Zoosk, Matcha (acquired by Apple), VentureBeat, FiscalNote, CreditSesame

Gepgraphic Focus

United States, China, France, Germany, South Africa, Singapore, Indonesia, Brazil, and more

Key Differentiators

Global presence with over 60 accelerator programs across more than 35 cities, Collaboration with over 500 industry-leading corporations, Partnerships with more than 300 venture capital firms, Invests in over 250 companies annually, Diverse portfolio across multiple industries

Thypical Investment Size

Not specified

Total Funds Raised

US$500 million (2023)

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FinTech

InsurTech

IoT (Internet of Things)

PropTech

Pre-Seed

Seed

Series A

United States