Pento Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 55

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $40M

Pento General Information

Description

Developer of an online payroll platform designed to optimize people and workflow services. The company's platform automates the payroll system that offers complementary features to employees, such as user-friendly access to pay history and personal pay-related data, enabling small and medium-sized companies to find a digital way to streamline salary processing and taxes.

Contact Information

Website
www.pento.io
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 1 Chapel Street
  • Warwick CV34 4HL
  • England, United Kingdom
Primary Industry
Financial Software
Other Industries
Business/Productivity Software
Other Financial Services
Other Commercial Services
Parent Company
HiBob
Vertical(s)
SaaS, FinTech
Corporate Office
  • 1 Chapel Street
  • Warwick CV34 4HL
  • England, United Kingdom

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Pento Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 13-Feb-2024 $40M Completed Generating Revenue
4. Later Stage VC Completed Generating Revenue
3. Later Stage VC (Series A) 07-Dec-2021 Completed Generating Revenue
2. Seed Round 10-Sep-2019 $2.75M $3.45M Completed Startup
1. Seed Round 17-Apr-2018 $700K $700K Completed Startup
To view Pento’s complete valuation and funding history, request access »

Pento Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Ordinary
Ordinary
Ordinary 1,171 $58.69 $58.69 1x $58.69 0.73%
To view Pento’s complete cap table history, request access »

Pento Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an online payroll platform designed to optimize people and workflow services. The company's platform automa
Financial Software
Warwick, United Kingdom
55 As of 2024

Toronto, Canada
 

San Francisco, CA
 
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Pento Competitors (42)

One of Pento’s 42 competitors is FreshBooks, a Venture Capital-Backed company based in Toronto, Canada.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
FreshBooks Venture Capital-Backed Toronto, Canada
Plaid Venture Capital-Backed San Francisco, CA
PayFit Venture Capital-Backed Paris, France
Expensify Formerly VC-backed Portland, OR
Lumity Private Equity-Backed San Francisco, CA
You’re viewing 5 of 42 competitors. Get the full list »

Pento Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Pento Former Investors (19)

Investor Name Investor Type Holding Investor Since Participating Rounds
Alex Bouaziz Angel (individual) Minority
Avid Ventures Venture Capital Minority
Eric Yuan Angel (individual) Minority
Frederick Macnamara Angel (individual) Minority
Futuristic VC Venture Capital Minority
You’re viewing 5 of 19 investors. Get the full list »

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Pento FAQs

  • When was Pento founded?

    Pento was founded in 2016.

  • Where is Pento headquartered?

    Pento is headquartered in Warwick, United Kingdom.

  • What is the size of Pento?

    Pento has 55 total employees.

  • What industry is Pento in?

    Pento’s primary industry is Financial Software.

  • Is Pento a private or public company?

    Pento is a Private company.

  • What is the current valuation of Pento?

    The current valuation of Pento is .

  • What is Pento’s current revenue?

    The current revenue for Pento is .

  • How much funding has Pento raised over time?

    Pento has raised $53.7M.

  • Who are Pento’s investors?

    Alex Bouaziz, Avid Ventures, Eric Yuan, Frederick Macnamara, and Futuristic VC are 5 of 19 investors who have invested in Pento.

  • Who are Pento’s competitors?

    FreshBooks, Plaid, PayFit, Expensify, and Lumity are some of the 42 competitors of Pento.

  • When was Pento acquired?

    Pento was acquired on 13-Feb-2024.

  • Who acquired Pento?

    Pento was acquired by HiBob.

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