Pencil Technologies Pte.
Latest round
- Series A
Last raised
- Apr 2020
Total raised
- $3.9M
Investors
- 4
About Pencil Technologies Pte.
Pencil Technologies Pte. Ltd.Founded in 2018, Pencil Technologies Pte. Ltd. focuses on providing generative AI solutions for advertising. The company is headquartered in Singapore and has completed a total of 5 deals. The founders include James Chadwick, Sumukh Avadhani, and Will Hanschell, who currently serves as the CEO.Pencil offers a suite of generative AI tools designed to improve advertising productivity. Its platform allows users to create ad copy and visuals via a chat function, automating 90% of the creative workload. Serving brands and agencies, the platform supports over 5,000 clients across various industries, including consumer goods, food and beverage, and healthcare.70. The company's revenue model is subscription-based, granting clients access to its generative AI tools for ad creation and management, further enhanced by enterprise offerings that include bespoke training models.Pencil Technologies aims to expand its product offerings with new generative AI tools scheduled for release in the upcoming year. The company plans to enter new markets, particularly in Europe and North America, by the end of 2024.
Who invested in Pencil Technologies Pte.
4 investors across 2 rounds
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Questions about Pencil Technologies Pte.
Who invested in Pencil Technologies Pte.?
Pencil Technologies Pte. has 4 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 Pencil Technologies Pte. raised?
Pencil Technologies Pte. has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Pencil Technologies Pte. last raise money?
Pencil Technologies Pte.'s most recent round on record is a Series A, in Apr 2020.
What does Pencil Technologies Pte. do?
Pencil Technologies Pte. is a software company.
Where is Pencil Technologies Pte. headquartered?
Pencil Technologies Pte. is headquartered in Singapore, Singapore.
Which VCs invest in companies like Pencil Technologies Pte.?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Pencil Technologies Pte.'s stage. Their profiles are linked below.
VCs backing software startups at Series A
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