Pennylane raised $189M | Accounting & Expense Mgmt

Website https://www.pennylane.com

HQ Country 🇫🇷 France

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Overview

Pennylane has raised €175 million in a funding round led by TCV and Blackstone Growth, aiming to enhance its financial operating system for European businesses, with a valuation of $4.25 billion.

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Pennylane Raises €175 Million To Expand AI And E-Invoicing Push Across Europe

$189M

Investors: TCV, Blackstone Growth

Pennylane has raised €175 million in a funding round led by TCV and Blackstone Growth, aiming to enhance its financial operating system for European businesses, with a valuation of $4.25 billion.

Pennylane Raises €175 Million To Expand AI And E-Invoicing Push Across Europe (Pulse2)

Fintech unicorn Pennylane raises €175m round at €3.6bn valuation (Sifted)

Sequoia-backed French accounting unicorn Pennylane secures €175 million as it approaches profitability (EU Startups)

French unicorn Pennylane secures $200M. Can it win Europe’s AI accounting race? (Tech Funding News)

View All Deals in Accounting & Expense Mgmt →

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