# Pennylane

**Source:** https://www.startuphub.ai/startups/pennylane
**Profile type:** Startup

> A financial management platform for businesses.

## About

Pennylane offers an all-in-one financial management and accounting platform that integrates finances, accounting, and business accounts. It serves independent professionals, VSEs, SMEs, and ETIs by simplifying invoicing, expense management, real-time treasury, and providing a business account with professional cards. The platform also facilitates collaboration with accounting firms and offers robust security standards.

## Key facts

- **Slug:** pennylane
- **Website:** https://www.pennylane.com/
- **Location:** Paris, Île-de-France, France
- **Founded:** 2019-01-01T00:00:00
- **Operating status:** Active
- **Total funding:** $63M
- **Sectors / tags:** Fintech, SaaS, Enterprise Software, Financial Software
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/pennylane-app/
  - Twitter: https://twitter.com/pennylane_app
  - Facebook: https://www.facebook.com/pennylane.com

## Frequently asked

### What does Pennylane do?

Pennylane offers an all-in-one financial management and accounting platform that integrates finances, accounting, and business accounts. It serves independent professionals, VSEs, SMEs, and ETIs by simplifying invoicing, expense management, real-time treasury, and providing a business account with professional cards. The platform also facilitates collaboration with accounting firms and offers robust security standards.

### What is Pennylane's revenue?

StartupHub estimates Pennylane's annual revenue at $101.9M (range $66.3M to $386.0M, 42% confidence), based on comparable companies in the sector.

### What is Pennylane's valuation?

StartupHub estimates Pennylane's effective valuation at $595.8M (range $417.0M to $774.5M, 27% confidence), based on comparable companies in the sector.

### How much funding has Pennylane raised?

Pennylane has raised a total of $63M in funding. The most recent round on record is Series B.

### Where is Pennylane headquartered?

Pennylane is headquartered in Paris, Île-de-France, France.

### When was Pennylane founded?

Pennylane was founded in 2019.

### What industry does Pennylane operate in?

Pennylane operates in Fintech, SaaS, Enterprise Software, Financial Software.

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