Pennylane

The financial OS for European SMEs.

Paris, France · Founded 2020 · $442.4M raised

Headquarters
Paris
Employees
201–500
Founded
2020
Business Model
B2B
Total Funding
$442.4M
Last Round
$205.0M Series EJan 2026
Rounds
7

About

Pennylane is an all-in-one financial and accounting platform designed for European SMEs, business owners, and accountants. It combines accounting production, spend management, payments, and financial operations into a single OS, enabling automation, real-time insights, and collaboration between companies and CPAs. Backed by top VCs, Pennylane supports rapid growth and expansion across Europe with AI-driven tools.

Summary

Pennylane is a Fintech company based in Paris, France, founded in 2020. It has raised $442.4M in total across 7 rounds, most recently a $205.0M Series E round in Jan 2026. Investors include Sequoia Capital, DST Global and CapitalG.

Tech & App Stack

10 technologies & apps tracked

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Funding History

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Series ESeries EJan 2026
$205.0M

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Seed through Series E — per-round amounts, valuations, and who invested in each round.

Investors

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