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2024 Revenue

$10.8M

Funding

$8M

YOY

73.5%

Team

59

Founded

2010

How Penrod CEO Chris Widmayer grew Penrod to $10.8M revenue with a 59 person team in 2024.

Penrod is a Cloud Consulting Agency and premier Salesforce Partner. We help businesses develop and implement cloud solutions that create customer success. Through the use of products like Sales Cloud, Service Cloud, Community Cloud, Marketing Cloud, Pardot and Salesforce Quote-to-Cash, we help our clients engage more with their customers.

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Penrod Revenue

In 2024, Penrod's revenue reached $10.8M. The company previously reported $6.2M in 2023. Since its launch in 2010, Penrod has shown consistent revenue growth.

Penrod Revenue GrowthReported revenue / ARR by year$0$3M$5M$8M$10M$13M20102012201420162018202020222024$0$6M$6M$11MSource: GetLatka.com
YearMilestone
2024Penrod Hit $10.8m revenue in October 2024
2023Penrod Hit $6.2m revenue in October 2023
2021Penrod Hit $6m revenue in April 2021
2010Launched with $0 revenue

Penrod Valuation, Funding Rounds

Penrod has not publicly disclosed its valuation. The company has raised $8M in total funding to date.

Penrod has raised $8M in total funding across 1 round, most recently a $8M Venture Round round in 2022.

Penrod Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$2M$4M$6M$8M$10M20102012201420162018202020222010 cumulative: $0 • 2010 Founded: $02022 cumulative: $8M • 2010 Founded: $0 • 2022 Venture Round: $8M$8M2010 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2022Venture Round$8M--

Penrod Employees & Team Size

Penrod employs approximately 59 people as of 2026, down from 60 in 2023.

Penrod has 59 total employees in different roles and functions and 5 sales reps that carry a quota.

Penrod Team GrowthReported headcount over time02040608010020102012201420162018202020222024005959Source: GetLatka.com
YearMilestone
2024Reached 59 employees (December 2024)
2024Reached 60 employees (October 2024)
2023Reached 60 employees (October 2023)
2022Reached 79 employees (October 2022)
2022Reached 76 employees (February 2022)
2021Reached 70 employees (December 2021)
2021Reached 72 employees (April 2021)

Founder / CEO

Chris Widmayer

As Chief Technology Officer of Penrod, my responsibilities are focused on our product offerings and implementation processes. Our product focuses include:

Q&A

QuestionAnswer
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Customers

We do not have customer count information for Penrod yet.

Frequently Asked Questions about Penrod

What is Penrod's revenue?

Penrod generates $10.8M in revenue.

Who founded Penrod?

Penrod was founded by Chris Widmayer.

Who is the CEO of Penrod?

The CEO of Penrod is Chris Widmayer.

How much funding does Penrod have?

Penrod raised $8M.

How many employees does Penrod have?

Penrod has 59 employees.

Where is Penrod headquarters?

Penrod is headquartered in Milwaukee, Wisconsin, United States.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .