Plaid has not announced an official IPO date, IPO stock price, or filed a registration statement Form S-1 with the SEC.
The company hired a CFO in October 2023, which suggests the company may be preparing to exit in the next few years. Plaid CEO, Zach Perret, has said the company is well funded with a long runway. The company is not yet profitable but is burning capital efficiently.
The Plaid IPO timeline is unknown. An IPO for Plaid will likely need to clear the internal qualified public offering criteria in order receive shareholder approval.
When Plaid is ready to go public, they can IPO, SPAC or Direct List.