penny.

Customizable & AI-Driven Procurement Solution for Modern Enterprises

Abu Dhabi, Saudi Arabia · Founded 2020 · $1.4M raised

Headquarters
Abu Dhabi
Employees
11–50
Founded
2020
Business Model
B2B
Website
penny.co
Total Funding
$1.4M
Last Round
$1.4M SeedJan 2022
Rounds
1

About

Penny is an AI-driven Source-to-Pay procurement platform helping enterprises digitize and automate their full procurement cycle from request to payment. The platform offers e-sourcing, RFQ management, purchase orders, vendor portals, and budget management, used in more than 75 countries.

Summary

penny. is a Fintech company based in Abu Dhabi, Saudi Arabia, founded in 2020. It has raised $1.4M in total across 1 round, most recently a $1.4M Seed round in Jan 2022.

Tech & App Stack

1 technologies & apps tracked

Create a free account — 10 credits a month to unlock the full tech & app stack, funding history, and valuations.

Sign up to view the funding chart

Create a free account — you'll get 10 credits a month to unlock funding history, valuations, and tech stacks.

Funding History

SeedSeed RoundJan 2022
$1.4M

Similar Companies