How Penny Software hit $1.3M revenue and 70 customers in 2022.
Procure to Pay & Spend Management Software. procurement software and B2B marketplace
2020
Founded
$1.3M
2022 Revenue
-----
YOY
$6.4M
Funding
Penny Software Revenue
In 2022, Penny Software revenue run rate hit $1.3M in revenue.
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2022
Penny Software hit $1.3M in revenue in 2022
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2020
Penny Software launched in 2020 with $0 revenue
Penny Software Funding History
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2022 Seed Round
Penny Software raised a Seed Round of in January, 2022
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2020 Seed Round
Penny Software raised a Seed Round of in September, 2020
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| January, 16 2022 | Seed Round | ||
| September, 21 2020 | Seed Round |
Team
Penny Software has 25 total employees. They have 70 customers an engineering team of 13
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 25 |
| Engineer | 13 (52%) |
Founder / CEO
Iyad Aldalooj
Distinguished engineer with a demonstrated history of driving technology transformation in high-scale and high-growth organizations.
Q&A
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What's your age?
33
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Favorite online tool?
Jira
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Favorite book?
Zero to One
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Favorite CEO?
Elon Musk
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Advice for 20 year old self
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Customers
Churn
Penny Software Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Iyad Aldalooj | CEO | [email protected] | - |
Penny Software Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Iyad Aldalooj | CEO | [email protected] | - |
Frequently Asked Questions about Penny Software
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When was Penny Software founded?
Penny Software was founded in 2020.
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How much revenue does Penny Software generate?
Penny Software generates $1.3M in revenue.
-
Who is the CEO of Penny Software
The CEO of Penny Software is Iyad Aldalooj.
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How much funding does Penny Software have?
Penny Software raised $6.4M.
-
How many employees does Penny Software have?
Penny Software has 25 employees.
-
Where is Penny Software headquarters?
Penny Software is headquartered at Saudi Arabia
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