Pennylane logo

Pennylane

The full-stack financial management and accounting platform to centralise all financial data in one place Beyond banking player that aggregates all purchasing, sales and banking data sources to simplify business admin, including cash flow, invoicing and supplier payment tracking Pennylane Compta integrates an accounting service that provides daily support and takes care of all accounting tasks Went from 0 to €2M of ARR in eleven months

9

Funding Rounds

$241.0m

Money raised

Overview

The full-stack financial management and accounting platform to centralise all financial data in one place Beyond banking player that aggregates all purchasing, sales and banking data sources to simplify business admin, including cash flow, invoicing and supplier payment tracking Pennylane Compta integrates an accounting service that provides daily support and takes care of all accounting tasks Went from 0 to €2M of ARR in eleven months

Funding

Funding series

Funding Series Analysis

The company Pennylane has raised a total of $108.1m in funding over 9 rounds.

Key Insights:

  • Pennylane May 2023 Series C Funding Round: $32m
  • Pennylane May 2023 Series C Funding Round: $32m
  • Pennylane , June 2021: $18.3m
  • Pennylane January 2021 Series A Funding Round: $17m
  • Pennylane May 2020 Seed Funding Round: $4.4m
  • Pennylane May 2020 Seed Funding Round: $4.4m
  • Pennylane Seed Round, May 2020: $4.8m
  • Pennylane Series A round, January 2021: $18m
  • Pennylane Series B round, January 31, 2022: $55.09m
Pennylane logo
Pennylane May 2023 Series C Funding Round $32m
Pennylane logo
Pennylane May 2023 Series C Funding Round $32m
Pennylane logo
Pennylane , June 2021 $18.3m
Pennylane logo
Pennylane January 2021 Series A Funding Round $17m
Pennylane logo
Pennylane May 2020 Seed Funding Round $4.4m
Pennylane logo
Pennylane May 2020 Seed Funding Round $4.4m
Pennylane logo
Pennylane Seed Round, May 2020 $4.8m
Pennylane logo
Pennylane Series A round, January 2021 $18m
Pennylane logo
Pennylane Series B round, January 31, 2022 $55.09m