Penny Software
PrivateLast Round
VC Round
Apr 15, 2024
Total Funding Raised
$6.35M
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
Supply Chain, Workflow Automation, Accounting & Expense, Enterprise Resource Planning, Vertical SaaS
Business Model
B2B
Customer Profile
Subscription SaaS, 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.
| 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 |
Penny Software Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| VC Round | Apr 15, 2024 | ||||
| Seed | Jan 16, 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 |
| Wamda Capital | Seed |
| Plug and Play Tech Center | Seed |
| GSI Ventures | VC Round |
| Salica Investments | Seed, VC Round |
| Knollwood Investment Advisory | 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.