Turnover: 1.5 million EUR (2022)
Country: France
- French fintech publisher of accounting software
- Pennylane brings together all the tools and integrations needed to manage a company's expenses, invoicing and cash flow
- The platform boasts over 50,000 customers
News
DST Global acquires a stake in accounting specialist Pennylane | DST Global invests in Pennylane 02/05/2023
- Pennylane capital raising: 29.5 million euros in the first quarter of 2023
- Capital from DST Global: 26.5 million euros and Sequoia Capital: 2 million euros
- Previous fundraising by Pennylane: 50 million euros in early 2022
- Total amount raised by Pennylane: over 80 million euros
- Post-raising valuation: 487 million euros
- Total number of customers: 50,000 VSE/SMEs (including 12,000 files provided by the partnership with Keobiz)
- Sales in 2021: 1.5 million euros
- Start-up date: 2020
Studies mentioning this company
The accounting software market - France
Other companies mentioned:
- SAP
- Sage
- Intuit
- Sopra Steria
- CEGID
- EBP
- Divalto
- Pennylane
- Axonaut
- Flowie
- Alticap
- Indy
- Sellsy
- Freebe
- Keobiz
- Mapap
- Regate
- Freshbooks
- Tiime
- Fulll
- My unisoft
- ACD Groupe
- Agiris
- Quickbooks (Intuit France)
- Teogest
- Exact
- RevisAudit Premium
- Inqom (Visma Group)
- Limpeed
- Bleez
- Memsoft