Penfold
Workplace Auto-Enrolment Pensions Made Easy
London, United Kingdom · Founded 2018 · $10.3M raised
- Headquarters
- London
- Founded
- 2018
- Business Model
- B2B2C
- Website
- getpenfold.com
- Total Funding
- $10.3M
- Last Round
- $5.3M Venture RoundMay 2025
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Penfold is a UK-based digital pension provider that modernizes workplace and personal pensions, replacing the outdated, jargon-heavy experience of legacy providers with an intuitive app. It serves over 10,000 businesses plus their employees, along with self-employed savers and financial advisers, simplifying auto-enrolment administration while helping people actually engage with retirement savings. The company operates from offices in London and Tallinn, Estonia, and has been recognized in the Sifted 100 and Deloitte Technology Fast 50.
Summary
Penfold is an Insurtech company based in London, United Kingdom, founded in 2018. It has raised $10.3M in total across 2 rounds, most recently a $5.3M Venture Round in May 2025. Investors include Gresham House Ventures.
Tech & App Stack
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Funding History
May 2025
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Funding: Series A through Venture Round. Amounts, valuations, and investors where available.
Investors
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