Each Tuesday, we reverse-engineer a real SaaS company's revenue, profit, CAC, funnels, and its top growth tactic.
Sign up to access all features
Sign up with GoogleSign up with LinkedInAlready have an account? Log in
GetLatka is trusted by 200k+ founders, researchers, and marketers.
No contracts, cancel at any time
Pennylane is building the financial OS (Operating System) for European SMEs. A single source of truth for financial and accounting data, used on one side by entrepreneurs to run their business (invoicing and getting paid, paying suppliers and expense management, piloting cash and profitability) and on the other side by their accountant for bookkeeping and tax filings.
Last updated
In 2025, Pennylane's revenue reached $68M. The company previously reported $42M in 2024. Since its launch in 2020, Pennylane has shown consistent revenue growth.
Pennylane reached a $2.2B valuation in 2025, set during its Series D round.
Pennylane has raised $224.6M in total funding across 6 rounds, most recently a $75M Series D round in 2025.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | Series D | $75M | $2.2B | 3% | |
| 2024 | Series C | $43.2M | - | - | |
| 2023 | Series C | $31.9M |
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
We do not have customer count information for Pennylane yet.
Pennylane employs approximately 899 people as of 2026, up from 505 in 2024.
Pennylane generates $68M in revenue.
Pennylane was founded by Arthur Waller.
The CEO of Pennylane is Arthur Waller.
Pennylane raised $224.6M across 6 rounds.
Pennylane has 899 employees.
Pennylane is headquartered in Paris, France.
Pennylane operates across multiple industries. Browse revenue, funding, and growth data for Pennylane in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
Claim this profile
Woltair is a climate tech company based in Prague, Czech Republic, focused on accelerating the...
Marketing, media and digital media professionals who care, running successful digital media...
Provider of a Pen Testing as a Service (PTaaS) platform intended to transform traditional broken...
Excellent quality of Global Application Managed Services, exceptional 48-72 hours’ time of IT...
Valuation
$2.2B
2025 Revenue
$68M
Funding
$224.6M
YOY
61.9%
Team
899
Founded
2020
| Year | Milestone | Source |
|---|---|---|
| 2025 | Pennylane Hit $68m revenue in June 2025 | |
| 2024 | Pennylane Hit $42m revenue in June 2024 | Estimated |
| 2020 | Launched with $0 revenue |
| - |
| - |
| 2022 | Series B | $54M | - | - |
| 2021 | Series A | $16.2M | - | - |
| 2020 | Seed Round | $4.3M | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 899 employees (November 2025) | |
| 2024 | Reached 505 employees (August 2024) |
If you're the CEO and would like to join the podcast, please DM Nathan Latka on LinkedIn.
