Valuation
$2.2B
2025 Revenue
$68M
Funding
$224.6M
YOY
61.9%
Team
899
Founded
2020
Pennylane Revenue, Valuation & Funding (2025)
Pennylane generated $68M in revenue in 2025.
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
Pennylane Revenue
In 2025, Pennylane's revenue reached $68M. The company previously reported $42M in 2024.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Pennylane Hit $68m revenue in June 2025 | Not recorded |
| 2024 | Pennylane Hit $42m revenue in June 2024 | Estimated |
| 2020 | Launched with $0 revenue |
Pennylane Valuation, Funding Rounds
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% | Not recorded |
| 2024 | Series C | $43.2M | - | - | Not recorded |
| 2023 | Series C | $31.9M | - | - | Not recorded |
| 2022 | Series B | $54M | - | - | Not recorded |
| 2021 | Series A | $16.2M | - | - | Not recorded |
| 2020 | Seed | $4.3M | - | - | Not recorded |
Founder / CEO
Pennylane Employees & Team Size
Pennylane employs approximately 899 people as of 2026, up from 505 in 2024.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 899 employees (November 2025) | Not recorded |
| 2024 | Reached 505 employees (August 2024) | Not recorded |
Frequently Asked Questions about Pennylane
What is Pennylane's revenue?
As of 2025, Pennylane generated $68M in revenue.
What is Pennylane's valuation?
As of 2025, Pennylane was valued at $2.2B.
Who founded Pennylane?
Pennylane was founded by Arthur Waller.
When was Pennylane founded?
Pennylane was founded in 2020.
Who is the CEO of Pennylane?
The CEO of Pennylane is Arthur Waller.
How much funding does Pennylane have?
Pennylane raised $224.6M across 6 rounds.
How many employees does Pennylane have?
As of 2025, Pennylane had 899 employees.
Where is Pennylane headquartered?
Pennylane is headquartered in Paris, France.
Compare Pennylane to the industry
Pennylane operates across multiple industries. Browse revenue, funding, and growth data for Pennylane in each sector below.
Data and Sources
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 profilePeople Also Viewed
WOLTAIR
Woltair is a climate tech company based in Prague, Czech Republic, focused on accelerating the...
Brkthru
Marketing, media and digital media professionals who care, running successful digital media...
Cobalt
Provider of a Pen Testing as a Service (PTaaS) platform intended to transform traditional broken...
Seargin
Excellent quality of Global Application Managed Services, exceptional 48-72 hours’ time of IT...
reMarkable Paper Pro Move
Featuring an 11.8-inch color display, adjustable reading light, and unmatched paper-like writing...
Fairmatic
Fairmatic is an AI-based insurance company that provides commercial auto insurance services...
