Penelope
PrivateLast Round
Pre Seed
Mar 16, 2022
Total Funding Raised
$2.1M
Company Overview
Penelope is a fintech company that provides a cloud-native, API-first retirement savings platform offering 401(k) plans for small and micro-businesses.
Sector
FinTech
Verticals
Wealth Management, Vertical SaaS, Investment Platforms, Compliance & Risk
Business Model
B2B
Customer Profile
Subscription SaaS, Usage-Based SaaS
AI Layer
Application
Keywords
401(k) administrationretirement recordkeepingembedded fintechAPI-first platformretirement-as-a-servicethird-party administratorTPAwhite-label retirementpooled employer planPEPsmall business benefitsretirement SaaSautomated compliancesolo 401(k)wealthtech
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Penelope Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Penelope Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Pre Seed | Mar 16, 2022 |
Penelope Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Black Jays | Pre Seed |
| Amplify.LA | Pre Seed |
| Slauson & Co. | Pre Seed |
Penelope Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Penelope's valuation, stock price, and market status.
Firmographic Details
HeadquartersNew York City, New York
Employee Range30
Year Founded2021
Last FundingMar 16, 2022