Logo
P

Pennylane

650 employees

Pennylane is building the financial OS (Operating System) for European SMEs. A single source of truth for financial and accounting data, used on one side by entrepreneurs to run their business (invoicing and getting paid, paying suppliers and expense management, piloting cash and profitability) and on the other side by their accountant for bookkeeping and tax filings. Saving time to all entrepreneurs and accountants, helping them to make the right decisions and enabling 3rd parties to offer added-value personalized financial services. We’ve launched in France and will expand to other markets in Continental Europe in 2024. Our commercial website is thus in French only but the code is obviously documented in English and our tech team speaks English. We’re product-led, growing fast, backed by strong investors and are hiring software engineers anywhere in Europe to join our experienced remote-first engineering team.

Investor insights

Funding rounds participated in

$43M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Accounting

Sectors

Accounting

Date founded

2020

Funding rounds raised

Total raised

$43M

from 2 investors over 1 rounds

P

Pennylane raised $43M on March 7, 2024

Investors: Sequoia Capital and DST Global

FAQ