Pendulum Systems Overview
- Year Founded
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2013
- Status
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Private
- Employees
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40
- Latest Deal Type
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Series 1
- Latest Deal Amount
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$3.73M
- Investors
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13
Pendulum Systems General Information
Description
Developer of an artificial intelligence model for the supply chain designed to predict demand, optimize supply, and map assets and personnel, continuously improving its performance. The company's technology generates benchmark-beating results in weeks and is used by businesses and governments around the globe to counter increasing volatility, rigorous research and development, enhancing supply chain efficiency and reliability through advanced predictive analytics and optimization tools, enabling customers to increase impact and reduce waste.
Contact Information
Website
www.pendulum.globalPendulum Systems Timeline
Pendulum Systems Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
6. Later Stage VC (Series 1) | 26-May-2022 | $3.73M | Completed | Generating Revenue | ||
5. Later Stage VC (Series I) | 23-Oct-2021 | Completed | Generating Revenue | |||
4. Grant | 06-Feb-2020 | Completed | Generating Revenue | |||
3. Accelerator/Incubator | 06-May-2018 | Completed | Generating Revenue | |||
2. Accelerator/Incubator | 01-Jan-2018 | $150K | $200K | Completed | Generating Revenue | |
1. Accelerator/Incubator | 31-Oct-2017 | $50K | $50K | Completed | Generating Revenue |
Pendulum Systems Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series 1 | ||||||||
Series I-3 | ||||||||
Series I-2 | 91,030 | $0.000100 | $0.82 | $0.82 | 1x | $0.82 | 1.29% | |
Series I-1 | 1,080,089 | $0.000100 | $0.33 | $0.33 | 1x | $0.33 | 15.34% |
Pendulum Systems Comparisons
Industry
Financing
Details
Pendulum Systems Competitors (7)
One of Pendulum Systems’s 7 competitors is project44, a Venture Capital-Backed company based in Chicago, IL.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
project44 | Venture Capital-Backed | Chicago, IL | ||||
o9 Solutions | Private Equity-Backed | Dallas, TX | ||||
Noodle.ai | Venture Capital-Backed | San Francisco, CA | ||||
Ikigai (Business/Productivity Software) | Venture Capital-Backed | San Francisco, CA | ||||
Blue Yonder (Scottsdale) | Formerly PE-Backed | Scottsdale, AZ |
Pendulum Systems Signals
Pendulum Systems Investors (13)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Collaborative Fund | Venture Capital | Minority | ||
Cristhian Dick | Angel (individual) | Minority | ||
Cross Border Impact Ventures | Impact Investing | Minority | ||
Impact Assets | Impact Investing | Minority | ||
Massachusetts Institute of Technology | University | Minority |
Pendulum Systems FAQs
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When was Pendulum Systems founded?
Pendulum Systems was founded in 2013.
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What is the size of Pendulum Systems?
Pendulum Systems has 40 total employees.
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What industry is Pendulum Systems in?
Pendulum Systems’s primary industry is Building Products.
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Is Pendulum Systems a private or public company?
Pendulum Systems is a Private company.
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What is the current valuation of Pendulum Systems?
The current valuation of Pendulum Systems is
. -
What is Pendulum Systems’s current revenue?
The current revenue for Pendulum Systems is
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How much funding has Pendulum Systems raised over time?
Pendulum Systems has raised $10.1M.
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Who are Pendulum Systems’s investors?
Collaborative Fund, Cristhian Dick, Cross Border Impact Ventures, Impact Assets, and Massachusetts Institute of Technology are 5 of 13 investors who have invested in Pendulum Systems.
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Who are Pendulum Systems’s competitors?
project44, o9 Solutions, Noodle.ai, Ikigai (Business/Productivity Software), and Blue Yonder (Scottsdale) are some of the 7 competitors of Pendulum Systems.
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