Tech Company Financing Transactions
Pennylane Funding Round
Pennylane, based in Paris, Île-de-France, secured $50 million from DST Global.
Transaction Overview
Company Name
Announced On
3/2/2023
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
DST Global (Lead Investor)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
5, Rue des Italiens
Paris, Île-de-France, 75009
FR
Paris, Île-de-France, 75009
FR
Phone
Undisclosed
Website
Email Address
Overview
Pennylane is building the financial OS (Operating System) for European SMEs. A single source of truth for financial 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 fiscal declarations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Arthur Waller
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