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Pennylane
company
About
Pennylane develops a full-stack financial management platform designed for small and medium-sized businesses.
- 101 - 250
Highlights
Details
- Last Funding Type
- Series B
- Last Funding Money Raised
- €50M
- Industries
- Accounting,Finance,Financial Services,FinTech,Software
- Founded date
- Jan 1, 2020
- Number Of Employee
- 101 - 250
- Operating Status
- Active
Pennylane is a developer of a full-stack financial management platform used to deal with financial data. Centralizing all the data that was fragmented in the past, this platform enables business managers to get a real-time view of their financial data and make the right decisions. The company enables business leaders to access their complete, and up-to-date financial data at any time.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
€65M
Pennylane has raised a total of
€65M
in funding over 2 rounds. Their latest funding was raised on
Jan 31, 2022 from a Series B round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jan 31, 2022 | Series B | €50M | 1 |
Sequoia Capital
|
— | Detail |
| Jan 7, 2021 | Series A | €15M | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
1
1
Pennylane is funded by 1 investors.
Sequoia Capital
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Sequoia Capital
|
Yes | Series B |
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