- 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
2 technologies & apps tracked
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Funding History
Jan 2022
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