Penny Software
PrivateLast Round
VC Round
Apr 15, 2024
Total Funding Raised
$6.35M
Momentum Score
75 /100
Company Overview
Penny Software is a procurement software company that provides a cloud-based source-to-pay system to digitize and manage the full procurement cycle from request to payment.
Sector
Enterprise Software
Verticals
Vertical SaaS, Workflow Automation, Supply Chain, Accounting & Expense, E-commerce
Business Model
B2B
Customer Profile
Subscription SaaS, Marketplace Commission, Services & Consulting
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Penny Software Comps
Public and private peers based on sector, stage, and business model.
Penny Software Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| VC Round | Apr 15, 2024 | ||||
| Seed | Jan 17, 2022 | ||||
| Seed | Sep 21, 2020 |
Penny Software Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Class 5 Global | Seed, VC Round |
| Shorooq Partners | Seed, VC Round |
| Plug & Play Ventures | Seed |
| Knollwood Investment Advisory | VC Round |
| Outliers Venture Capital | VC Round, Seed |
| Wamda | Seed, VC Round |
| Iliad Partners | VC Round |
Market signals
Structured signals derived from secondary market and firmographic data.
- Feb 17, 2026
Opened a new office in Derby, United Kingdom for global expansion.
- Nov 1, 2025
Added Bazaar Technologies Pvt Ltd., an e-commerce/fintech company.
Penny Software 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 Penny Software's valuation, stock price, and market status.