Penneorevenue & funding
Other Collaboration SoftwareCopenhagen, DenmarkFounded 2013CEO Christian Stendevad
Penneo is an Other Collaboration Software company based in Copenhagen, founded in 2013.
- Customers
- 2K
Penneo revenue & ARR
Penneo's annual recurring revenue was $19.1M in November 2024 (news.cision.com), the most recent figure on record.
All 4 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $7.3M | – |
| Oct 2023 | $12.3MEST. | GetLatka estimate |
| Oct 2024 | $20.2MEST. | GetLatka estimate |
| Nov 2024 | $19.1M | news.cision.com |
– source not recorded
Penneo funding rounds & investors
Penneo has raised $3.3M across two rounds since 2013. The latest was a $2.8M funding round in January 2016.
| Date | Round | Raised |
|---|---|---|
| Jan 2016 | Funding round | $2.8M |
| Dec 2013 | Funding round | $539K |
| Total raised | $3.3M |
Penneo competitors
Penneo competes most directly with Adobe and DocuSign. It is the smallest of the three by revenue.
Adobe
DocuSignPenneo CEO, founders & employees
Christian Stendevad founded Penneo in 2013 and runs it as CEO. Penneo had 114 employees (December 2024, LinkedIn), down from 128 a year earlier.
- Christian StendevadFounder & CEO
All 6 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2024 | 114 | |
| Oct 2024 | 128 | |
| Oct 2023 | 128 | |
| Oct 2022 | 120 | |
| Dec 2021 | 91 | |
| Apr 2021 | 88 | – |
Penneo FAQ
What is Penneo's revenue?
Penneo's annual recurring revenue was $19.1M in November 2024, according to news.cision.com. No later figure is on record.
How much funding has Penneo raised?
Penneo has raised $3.3M across two funding rounds. The latest was a $2.8M funding round in January 2016.
How many employees does Penneo have?
Penneo had 114 employees in December 2024, according to LinkedIn.
Who is the CEO of Penneo?
Christian Stendevad is the CEO of Penneo and founded the company in 2013.
Who founded Penneo?
Christian Stendevad founded Penneo in 2013.
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How this page is sourced
6 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Dec 20, 2024Data disclaimerReport a correctionClaim this profileRun Penneo? Join the podcast