Passendo

Marketing/AdvertisingSeedCopenhagen, Denmarkpassendo.com

Latest round

Seed

Last raised

Dec 2021

Total raised

$2.6M

Investors

3

About Passendo

Passendo ApS, founded in 2016 in Copenhagen, Denmark, specializes in email advertising solutions. The company has undergone no noted pivots and operates independently without any subsidiaries. The founders are Anders Rasmussen and Andreas Jürgensen, with Andreas Jürgensen also serving as CEO.Passendo offers a specialized email advertising platform that focuses on enhancing newsletter monetization and optimizing ad performance. Their technology includes an ad server that enables both direct-sold campaigns and programmatic ad delivery, allowing publishers to maximize revenue through hyper-targeted advertising. The platform serves B2B and B2C publishers, sales houses, and data-rich organizations across Europe, North America, and Australia.40, deriving its revenue primarily from monetizing email ad spaces through subscription services and partnerships with publishers.3 million to recruit talent and develop its products further. The company aims to expand its offerings with new product designs and enhancements, although specific release dates are not yet disclosed. Additionally, plans for entering new markets or geographical regions have not been detailed in the available information.

Who invested in Passendo

3 investors across 2 rounds

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Funding rounds

  1. Seed

    Dec 13, 2021

    Amount

    $2.6M

    Investors

    Locked

  2. Seed

    Jun 24, 2019

    Amount

    Undisclosed

    Investors

    Locked

Questions about Passendo

Who invested in Passendo?

Passendo has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Passendo raised?

Passendo has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Passendo last raise money?

Passendo's most recent round on record is a Seed, in Dec 2021.

What does Passendo do?

Passendo ApS, founded in 2016 in Copenhagen, Denmark, specializes in email advertising solutions.

Where is Passendo headquartered?

Passendo is headquartered in Copenhagen, Denmark.

Which VCs invest in companies like Passendo?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back marketing/advertising companies at Passendo's stage. Their profiles are linked below.

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