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Xero's competitors and similar companies include Pleo.

	Xero Xero is a company that develops cloud-based accounting software for businesses.	Pleo Pleo Holdings is a company providing a business spending solution.
Founding Date	Founding Date 2006	Founding Date 2015
Type	Type Public	Type Private
Tags	Tags Technology accounting enterprise software fintech payments	Tags Technology accounting enterprise software financial management fintech payments
Locations	Locations Wellington, NZ HQ Brisbane City, AU Canberra, AU Melbourne, AU Perth, AU Sydney, AU Toronto, CA see more	Locations Copenhagen, DK HQ Paris, FR Berlin, DE Berlin, DE Lisbon, PT Madrid, ES Stockholm, SE see more
Employees	Employees 4,610	Employees 1,0713% increase
Valuation ($)	Valuation ($) 15.2 b	Valuation ($) 1.7 b
Financial
Gross profit	Gross profit $2.8b (FY, 2026)	Gross profit kr3m (FY, 2021)
Net income	Net income $167.4m (FY, 2026)	Net income (kr189.9m) (FY, 2021)
Funding
Total funding raised	Total funding raised $ 681.4m	Total funding raised $ 228.8m

For sources of this data, please see the company profile

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HQ

Copenhagen, DK

Employees

1,071↑ 3% increase

Pleo Holdings is a company providing a business spending solution.