How Pendo hit $200M revenue and 3K customers in 2024.
Pendo is a software company that provides a platform for product teams to understand and guide their users. The company's software helps product teams understand user behavior and gather feedback, which can then be used to inform product decisions and improve user experience. Additionally, Pendo's platform allows product teams to create in-app guides and walkthroughs to help users navigate and use their products more effectively. Pendo was founded in 2013 and is headquartered in Raleigh, North Carolina.
2013
Founded
$200M
2024 Revenue
19.23%
YOY
$469.6M
Funding
Pendo Revenue
In 2024, Pendo revenue run rate hit $200M in revenue.
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2024
Pendo hit $200M in revenue in 2024
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2022
Pendo hit $144.4M in revenue in 2022
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2021
Pendo hit $100M in revenue in 2021
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2021
Pendo hit $100M in revenue in 2021
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2020
Pendo hit $62M in revenue in 2020
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2019
Pendo hit $31M in revenue in 2019
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2018
Pendo hit $15M in revenue in 2018
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2016
Pendo hit $3.8M in revenue in 2016
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2013
Pendo launched in 2013 with $0 revenue
Pendo Funding History
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2021 Secondary
Pendo raised a Secondary of in November, 2021
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2021 Series F,IPO Soon
Pendo raised a Series F,IPO Soon of in July, 2021
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2019 Series E
Pendo raised a Series E of in October, 2019
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2018 Series D
Pendo raised a Series D of in September, 2018
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2017 Series C
Pendo raised a Series C of in July, 2017
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2016 Series B
Pendo raised a Series B of in December, 2016
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2015 Series A
Pendo raised a Series A of in October, 2015
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2015 Convertible Note
Pendo raised a Convertible Note of in March, 2015
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2015 Debt Financing
Pendo raised a Debt Financing of in March, 2015
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2014 Seed Round
Pendo raised a Seed Round of in November, 2014
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| November, 11 2021 | Secondary | ||
| July, 28 2021 | Series F,IPO Soon | ||
| October, 17 2019 | Series E | ||
| September, 12 2018 | Series D | ||
| July, 13 2017 | Series C | ||
| December, 12 2016 | Series B | ||
| October, 28 2015 | Series A | ||
| March, 20 2015 | Convertible Note | ||
| March, 16 2015 | Debt Financing | ||
| November, 04 2014 | Seed Round |
Team
Pendo has 840 total employees and 276 sales reps that carry a quota. They have 3,000 customers an engineering team of 217 and a marketing team of 51.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 840 |
| Engineer | 217 (26%) |
| Sales | 276 (33%) |
| Marketing | 51 (6%) |
Founder / CEO
Todd Olson
Todd Olson is CEO and Co-Founder of Pendo, a product experience platform that helps product managers deliver successful products. Before Pendo, Todd served as VP of Products at Rally Software Development which he led through its public offering. Todd joined Rally via its acquisition of 6th Sense, a company he founded and served as President and CTO.
Q&A
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Customers
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Pendo Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Todd Olson | CEO | [email protected] | - |
Pendo Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Todd Olson | CEO | [email protected] | - |
| Ashvin Bachireddy | Investor | - | [email protected] |
Pendo Board of Directors
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Lister Delgado | Board Member | - | - |
| Neeraj Agrawal | Board Member | - | - |
| Megan Quinn | Board Member | - | - |
| Rob Ward | Board Member | - | - |
| Rajeev Dham | Board Member | [email protected] | [email protected] |
Frequently Asked Questions about Pendo
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When was Pendo founded?
Pendo was founded in 2013.
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How much revenue does Pendo generate?
Pendo generates $200M in revenue.
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Who is the CEO of Pendo
The CEO of Pendo is Todd Olson.
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How much funding does Pendo have?
Pendo raised $469.6M.
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How many employees does Pendo have?
Pendo has 840 employees.
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Where is Pendo headquarters?
Pendo is headquartered at 150 Fayetteville St, Raleigh, North Carolina, 27601, United States
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