Company profile

Pennylane

Pennylane has raised $237 million across Seed, Series A, Series B, Series C, and Series D funding rounds. The company secured $4.3M in Seed, $18.4M in Series A, $57M in Series B, $75.5M across Series C rounds, and $82.2M in Series D, reaching a $2.16 billion valuation. Backed by global investors such as CapitalG, Meritech, Sequoia Capital, and DST Global, Pennylane has emerged as one of Europe’s fastest-growing accounting and financial management platforms.

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Quick facts

Total funding: $237 million
Valuation: $2.16 billion

Notable investors

Meritech
Sequoia Capital
DST Global

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