2024 Revenue
$10.8M(Est.)
Funding
$8M
Team
59
Founded
2010
Penrod Revenue & Funding (2024)
Penrod generated an estimated $10.8M in annual revenue in 2024. Source: GetLatka estimate
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.
Last updated
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.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Penrod Hit $10.8m revenue in October 2024 | Estimated |
| 2023 | Penrod Hit $6.2m revenue in October 2023 | Estimated |
| 2021 | Penrod Hit $6m revenue in April 2021 | Not recorded |
| 2010 | Launched 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 in 2022.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2022 | Venture | $8M | - | - | Not recorded |
Founder / CEO
Chris Widmayer
CEO
As Chief Technology Officer of Penrod, my responsibilities are focused on our product offerings and implementation processes. Our product focuses include:
Penrod Employees & Team Size
Penrod employs approximately 59 people as of 2026, down from 60 in 2023, including 5 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 59 employees (December 2024) | Not recorded |
| 2024 | Reached 60 employees (October 2024) | Not recorded |
| 2023 | Reached 60 employees (October 2023) | Not recorded |
| 2022 | Reached 79 employees (October 2022) | Not recorded |
| 2022 | Reached 76 employees (February 2022) | Not recorded |
| 2021 | Reached 70 employees (December 2021) | Not recorded |
| 2021 | Reached 72 employees (April 2021) | Not recorded |
Frequently Asked Questions about Penrod
What is Penrod's revenue?
As of 2024, Penrod generated an estimated $10.8M in annual revenue.
Who founded Penrod?
Penrod was founded by Chris Widmayer.
When was Penrod founded?
Penrod was founded in 2010.
Who is the CEO of Penrod?
The CEO of Penrod is Chris Widmayer.
How much funding does Penrod have?
Penrod raised $8M across 1 round.
How many employees does Penrod have?
As of 2024, Penrod had 59 employees.
Where is Penrod headquartered?
Penrod is headquartered in Milwaukee, Wisconsin, United States.
Compare Penrod to the industry
See how Penrod ranks against the best Consulting companies by revenue and funding.
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
Buildforce
Buildforce is a SaaS and tech-enabled services business enabling construction firms to scale their...
YouDo.com
Provider of task outsourcing services. The company's services are rendered in different domains...
HealthPlix
Developer of a software application intended to provide clinical decision support through AI...
Windfall Data
Developer of an enterprise platform designed determine the net worth of global households. The...
SellersCommerce
At SellersCommerce, our mission is to enable businesses with the best technology solutions so they...
Wavity Inc.
Wavity offers a suite of AI-powered business software, including helpdesk, service desk, workflow...
