Pennylane
Paris, France · Accounting, Finance, Financial Services
Pennylane is building the financial OS (Operating System) for European SMEs. A single source of truth for financial and accounting data, used on one side by entrepreneurs to run their business (invoicing and getting paid, paying suppliers and expense management, piloting cash and profitability) and on the other side by their accountant for bookkeeping and tax filings. Saving time to all entrepr
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Key facts
- Headquarters
- Paris, France
- Employees
- 977
- Industries
- Accounting, Finance, Financial Services
- Status
- Private
- Website
- pennylane.com
- Company page
Recent activity at Pennylane
- : French accounting unicorn Pennylane raises €175 million in funding to enhance AI capabilities and support growth. TCV leads the round with participation from Blackstone and existing shareholders.
- : Pennylane has raised $82 million in a funding round led by Sequoia Capital. The new funds will be used to expand across Europe, starting with Germany.
- : France’s newest unicorn: Pennylane raises €40M from Sequoia Capital and DST Global
About Pennylane: questions and answers
What does Pennylane do?
Pennylane is building the financial OS (Operating System) for European SMEs. A single source of truth for financial and accounting data, used on one side by entrepreneurs to run their business (invoicing and getting paid, paying suppliers and expense management, piloting cash and profitability) and on the other side by their accountant for bookkeeping and tax filings. Saving time to all entrepr
Where is Pennylane headquartered?
Pennylane is headquartered in Paris, France.
How many employees does Pennylane have?
Pennylane has about 977 employees.
What is the latest news on Pennylane?
On Jan 20, 2026, French accounting unicorn Pennylane raises €175 million in funding to enhance AI capabilities and support growth. TCV leads the round with participation from Blackstone and existing shareholders.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy