# Pennylane

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pennylane

- Industry: Software
- Headquarters: Paris, France
- Website: www.pennylane.com
- Total disclosed funding: $379M
- Latest round: Series E (Jan 2, 2026)
- Investors on record: 10

## About

Pennylane SAS is a French technology company that provides an integrated financial management and accounting platform, aimed at simplifying the financial operations of businesses across Europe. Founded in 2020 and headquartered in Paris, France, Pennylane SAS focuses on delivering an all-in-one financial management solution. Co-founded by Alexandre Roquoplo, Arthur Waller, Edouard Mascré, Tancrède Besnard, and Thierry Deo, the company has successfully completed a total of 7 deals. In January 2026, Pennylane SAS raised EUR 175 million in series E funding co-led by TCV and Blackstone, with participation Sequoia Capital, DST Global, CapitalG, and Meritech Capital Partners. Pennylane offers an all-in-one financial management and accounting platform designed to streamline financial operations for businesses. The platform integrates functionalities such as expense management, invoicing, cash flow management, and comprehensive accounting capabilities. By providing a centralized dashboard for real-time access to financial data, Pennylane allows users to focus on their core business activities while simplifying their financial processes. The service primarily targets over 600,000 business leaders, independent professionals, and financial directors across Europe, particularly effective in markets like France, Germany, and the broader European Union.In the most recent fiscal year, 2022, Pennylane generated revenue of EUR 4,128,834.70 with an EBITDA of EUR -20,204,623.20. The company employs subscription-based pricing plans tailored to various business sizes, allowing clients to select tiers based on their number of employees. This model facilitates seamless transactions, positioning Pennylane as a comprehensive solution for financial management in the digital economy.In April 2025, Pennylane SAS raised EUR 75.00 mn in venture funding to support its expansion plans across Europe. In January 2026, Pennylane SAS raised EUR 175 million in series E funding co-led by new investors TCV and Blackstone, with participation from returning investors Sequoia Capital, DST Global, CapitalG, and Meritech Capital Partners. The company will use the January 2026 funding to support its research and development and expansion plans initiatives.

## Funding rounds

- Series E, Jan 2, 2026, $206M — Blackstone Group, Meritech Capital Partners, Hong Shan, TCV, DST Global, CapitalG
- Series C, Feb 8, 2024, $43M — Hong Shan, DST Global
- Series C, May 2, 2023, $33M — Hong Shan, DST Global
- Series C, Jan 31, 2022, $57M — Hong Shan, Partech Partners, Rocket Internet SE, Global Founders Capital
- Series B, Jun 7, 2021, $19M — Hong Shan, Partech Partners, Rocket Internet SE, Global Founders Capital
- Series A, Jan 26, 2021, $18M — Partech Partners, Rocket Internet SE, Global Founders Capital
- Seed, May 15, 2020, $3.3M — Partech Partners, Kima Ventures, Rocket Internet SE, Global Founders Capital

## Investors

- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Seed, Series A, Series B, Series C
- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Seed
- Rocket Internet SE (https://capitalatlas.ai/funds/rocket-internet-se) — Seed, Series A, Series B, Series C
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed, Series A, Series B, Series C
- Hong Shan — Series B, Series C, Series E
- DST Global (https://capitalatlas.ai/funds/dst-global) — Series C, Series E
- Blackstone Group (https://capitalatlas.ai/funds/blackstone-group) — Series E
- Meritech Capital Partners (https://capitalatlas.ai/funds/meritech-capital-partners) — Series E
- TCV (https://capitalatlas.ai/funds/tcv) — Series E
- CapitalG (https://capitalatlas.ai/funds/capitalg) — Series E