Penta

company

About

Penta is a digital business bank platform designed to help startups and SMEs save time and money on banking.

  • 101 - 250

Details

Last Funding Type
Seed
Last Funding Money Raised
€2.20M
Industries
Accounting,Banking,Financial Services,FinTech,Small and Medium Businesses,Software
Founded date
May 1, 2016
Number Of Employee
101 - 250
Operating Status
Active

Penta is a digital business bank platform designed to help startups and SMEs save time and money on banking. It automates bank accounts and invoices, offers online cashless banking services, and helps to open an online banking account in minutes, enabling consumers to manage their cashflows easily.

Penta's mission is to disrupt business banking in Europe and worldwide. It was founded in 2016 and is headquartered in Berlin, Germany.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
€28.70M
Penta has raised a total of €28.70M in funding over 2 rounds. Their latest funding was raised on Aug 17, 2021 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 17, 2021 Series B €15M 1 Detail
Feb 23, 2021 Series B €7.50M 1 Detail
Jul 7, 2020 Series B €4M 1 Decart Ventures Detail
Feb 5, 2018 Seed €2.20M 1 Inception Venture Capital Investments Detail

Investors

Number of Lead Investors
Number of Investors
2
2
Penta is funded by 2 investors. Inception Venture Capital Investments and Decart Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Inception Venture Capital Investments Yes Seed
Decart Ventures Series B