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How PencilPay grew PencilPay to $770K revenue with a 7 person team in 2025.

Take control of wholesale trade relationships. Eliminate payment delays, bad debt and manual, paper-based practices and grow with confidence. Your future self will thank you. Traditional credit providers identify and verify the borrower, get a signed credit agreement, perform a risk assessment, capture security and store a repayment method, each of which happen at the point of origination. Unfortunately small and medium B2B suppliers don't take the same care when dishing out goods on credit. PencilPay is B2B origination and payment software that helps small and medium suppliers act like credit providers. We are proud to have signed up over 2000 Australian SME's who pay and get paid on-time through Pencil.

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PencilPay Revenue

In 2025, PencilPay's revenue reached $770K. Since its launch in 2017, PencilPay has shown consistent revenue growth.

PencilPay Revenue GrowthReported revenue / ARR by year$0$200K$400K$600K$800K$1M201720182019202020212022202320242025$0$770KSource: GetLatka.com
YearMilestone
2025PencilPay Hit $770k revenue in September 2025
2017Launched with $0 revenue

PencilPay Valuation, Funding Rounds

PencilPay's most recent disclosed valuation is $2.3M.

PencilPay is a bootstrapped Other Vertical Industry Software startup. Founded in 2017, PencilPay has grown to $770K in revenue without raising any venture capital or outside funding.

As a self-funded Other Vertical Industry Software SaaS company, PencilPay has built its business with no outside investment.

PencilPay Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120172017 cumulative: $0 • 2017 Founded: $02017 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

PencilPay Employees & Team Size

PencilPay employs approximately 7 people as of 2026.

PencilPay has 7 total employees in different roles and functions.

PencilPay Team GrowthReported headcount over time0235682017201820192020202120222023202420250077Source: GetLatka.com
YearMilestone
2025Reached 7 employees (September 2025)

Customers

We do not have customer count information for PencilPay yet.

Frequently Asked Questions about PencilPay

What is PencilPay's revenue?

PencilPay generates $770K in revenue.

How much funding does PencilPay have?

PencilPay raised $0.

How many employees does PencilPay have?

PencilPay has 7 employees.

Where is PencilPay headquarters?

PencilPay is headquartered in Prahran, VIC, Australia.

Compare PencilPay to the industry

PencilPay operates across multiple industries. Browse revenue, funding, and growth data for PencilPay in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .