Pennylane

Pennylane is a developer of a full-stack financial management platform used to deal with financial data.

Pennylane centralizing all the data that was fragmented in the past, enabling business managers to get a real-time view of their financial data and make the right decisions.

Pennylane was founded in 2019 by Felix Blossier, Quentin de Metz, Edouard Mascré, and Alexandre Roquoplo. The company is headquartered in Paris, France.

 

Pennylane is the management platform that synchronizes all the financial data of companies to help managers make the right decisions. Manage your cash flow in real time, manage your purchases and simplify your sales on Pennylane.

 

Pennylane allows you to connect your account with third-party services that already hold valuable information, such as Stripe, Payfit, Qonto, Zoho, Sellsy, etc. This way, information is always up to date, and not just when you manually export data from all your services.

 

Pennylane has already attracted hundreds of clients, 1,000 executives are currently using Pennylane. Pennylane works with 300 accounting firms that could handle accounting tasks for you.

 

Pennylane is backed by Sequoia Capital, Global Founders Capital, Partech, Kima Ventures, and others. The company raised $57M (€50 million) in a Series B round on Jan 31, 2022. This brings Pennylane's total funding to $98M to date.

 

 

  • Year founded: 2019
  • Funding Info: $98M over 4 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Paris
  • State: Île-de-France
  • Country: France
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