Penny Finance Overview
- Year Founded
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2020
- Status
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Acquired/Merged
- Employees
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9
- Latest Deal Type
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M&A
Penny Finance General Information
Description
Developer of an online financial mentorship platform designed for women to get their money, debt, and investing questions answered through a tool. The company's platform provides real-world financial education and know-how to women from the basics, enabling users to feel financially confident and change the course of their financial well-being.
Contact Information
Website
www.penny-finance.com(Operating Subsidiary)
Corporate Office
- 28 Pier Market Place
- Narragansett, RI 02882
- United States
Corporate Office
- 28 Pier Market Place
- Narragansett, RI 02882
- United States
Penny Finance Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Merger/Acquisition | 23-Feb-2026 | Completed | Generating Revenue | |||
| 6. Later Stage VC | 17-Nov-2025 | Completed | Generating Revenue | |||
| 5. Accelerator/Incubator | 01-Oct-2024 | Completed | Generating Revenue | |||
| 4. Early Stage VC | 10-May-2024 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 01-Mar-2023 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 01-Jan-2023 | $100K | $100K | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | Completed | Generating Revenue |
Penny Finance Signals
Penny Finance Former Investors (7)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| AgeTech Collaborative from AARP | Accelerator/Incubator | |||
| Curql | Venture Capital | Minority | ||
| Kapor Capital | Venture Capital | Minority | ||
| One Washington Financial | Venture Capital | Minority | ||
| Pivotal Ventures | Impact Investing | Minority |
Penny Finance FAQs
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When was Penny Finance founded?
Penny Finance was founded in 2020.
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Where is Penny Finance headquartered?
Penny Finance is headquartered in Narragansett, RI.
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What is the size of Penny Finance?
Penny Finance has 9 total employees.
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What industry is Penny Finance in?
Penny Finance’s primary industry is Financial Software.
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Is Penny Finance a private or public company?
Penny Finance is a Private company.
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What is Penny Finance’s current revenue?
The current revenue for Penny Finance is .
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How much funding has Penny Finance raised over time?
Penny Finance has raised $1.6M.
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Who are Penny Finance’s investors?
AgeTech Collaborative from AARP, Curql, Kapor Capital, One Washington Financial, and Pivotal Ventures are 5 of 7 investors who have invested in Penny Finance.
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When was Penny Finance acquired?
Penny Finance was acquired on 23-Feb-2026.
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Who acquired Penny Finance?
Penny Finance was acquired by Array (Boca Raton).
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