Pendo Overview
- Year Founded
-
2013
- Status
-
Private
- Employees
-
992
- Latest Deal Type
-
2ndary - Private
- Latest Deal Amount
-
$110M
- Investors
-
22
Pendo General Information
Description
Developer of a customer engagement analytics platform designed to optimize trial conversions and user onboarding in-product. The company's platform offers integrated technology for digital product teams by combining product usage analytics with user guidance, communication, feedback, and planning tools, enabling product teams to make informed decisions about what features to build, which to sunset, and how to accelerate product adoption.
Contact Information
Website
www.pendo.ioCorporate Office
- 301 Hillsborough Street
- Suite 1900
- Raleigh, NC 27603
- United States
Corporate Office
- 301 Hillsborough Street
- Suite 1900
- Raleigh, NC 27603
- United States
Pendo Timeline
Pendo Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
9. Secondary Transaction - Private | 11-Nov-2021 | $110M | Completed | Generating Revenue | ||
8. Later Stage VC (Series F) | 27-Jul-2021 | Completed | Generating Revenue | |||
7. Later Stage VC (Series E) | 17-Oct-2019 | Completed | Generating Revenue | |||
6. Later Stage VC (Series D) | 12-Sep-2018 | Completed | Generating Revenue | |||
5. Later Stage VC (Series C) | 19-Jul-2017 | Completed | Generating Revenue | |||
4. Early Stage VC (Series B) | 07-Dec-2016 | Completed | Generating Revenue | |||
3. Early Stage VC (Series A) | 01-Nov-2015 | Completed | Generating Revenue | |||
2. Seed Round | 04-Nov-2014 | $1.02M | $1.02M | Completed | Startup | |
1. Angel (individual) | 01-Dec-2013 | Completed | Startup |
Pendo Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series F | ||||||||
Series E | ||||||||
Series D | ||||||||
Series C | ||||||||
Series B | 22,947,825 | $0.001000 | 8% | $0.87 | $0.87 | 1x | $0.87 | 10.7% |
Series A | 50,900,845 | $0.001000 | 8% | $0.28 | $0.28 | 1x | $0.28 | 23.74% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Pendo Comparisons
Industry
Financing
Details
Pendo Competitors (77)
One of Pendo’s 77 competitors is UserIQ, a Private Equity-Backed company based in Dunwoody, GA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
UserIQ | Private Equity-Backed | Dunwoody, GA | ||||
Fospha | Venture Capital-Backed | London, United Kingdom | ||||
Appcues | Venture Capital-Backed | Boston, MA | ||||
Dynamic Yield | Formerly VC-backed | New York, NY | ||||
Totango | Venture Capital-Backed | Redwood City, CA |
Pendo Patents
Pendo Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20240346252-A1 | Automated analysis of computer systems using machine learning | Pending | 17-Apr-2023 |
Pendo Signals
Pendo Investors (22)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Thoma Bravo | PE/Buyout | Minority | ||
B Capital Group | Venture Capital | Minority | ||
Bonfire Ventures | Venture Capital | Minority | ||
Silver Lake | PE/Buyout | Minority | ||
General Atlantic | Growth/Expansion | Minority |
Pendo Investments & Acquisitions (4)
Pendo’s most recent deal was a Merger/Acquisition with Zelta for . The deal was made on 31-Jul-2024.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Zelta | 31-Jul-2024 | Merger/Acquisition | Business/Productivity Software | ||
Mind The Product | 01-Feb-2022 | Buyout/LBO | Media and Information Services (B2B) | ||
Receptive | 30-Apr-2019 | Merger/Acquisition | Business/Productivity Software | ||
Insert (Application Software) | 07-Sep-2017 | Merger/Acquisition | Business/Productivity Software |
Affiliates
Subsidiaries (2)
Name | Industry | Location | Year Founded |
---|---|---|---|
Zelta | 2022 | ||
Mind The Product | London, United Kingdom | 2010 |
Pendo FAQs
-
When was Pendo founded?
Pendo was founded in 2013.
-
Where is Pendo headquartered?
Pendo is headquartered in Raleigh, NC.
-
What is the size of Pendo?
Pendo has 992 total employees.
-
What industry is Pendo in?
Pendo’s primary industry is Business/Productivity Software.
-
Is Pendo a private or public company?
Pendo is a Private company.
-
What is the current valuation of Pendo?
The current valuation of Pendo is
. -
What is Pendo’s current revenue?
The current revenue for Pendo is
. -
How much funding has Pendo raised over time?
Pendo has raised $359M.
-
Who are Pendo’s investors?
Thoma Bravo, B Capital Group, Bonfire Ventures, Silver Lake, and General Atlantic are 5 of 22 investors who have invested in Pendo.
-
Who are Pendo’s competitors?
UserIQ, Fospha, Appcues, Dynamic Yield, and Totango are some of the 77 competitors of Pendo.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »