Pennylane
Paris, France · Accounting, Finance, Financial Services
Pennylane is building the financial OS (Operating System) for European SMEs. A single source of truth for financial and accounting data, used on one side by entrepreneurs to run their business (invoicing and getting paid, paying suppliers and expense management, piloting cash and profitability) and on the other side by their accountant for bookkeeping and tax filings. Saving time to all entrepr
Key facts
- Headquarters
- Paris, France
- Employees
- 977
- Industries
- Accounting, Finance, Financial Services
- Status
- Private
- Website
- pennylane.com
- Company page
Recent activity at Pennylane
- : French accounting unicorn Pennylane raises €175 million in funding to enhance AI capabilities and support growth. TCV leads the round with participation from Blackstone and existing shareholders.
- : Pennylane has raised $82 million in a funding round led by Sequoia Capital. The new funds will be used to expand across Europe, starting with Germany.
- : France’s newest unicorn: Pennylane raises €40M from Sequoia Capital and DST Global
Pennylane funding history
| Date | Round | Amount |
|---|---|---|
| Jan 2026 | Funding Round | $175.0M |
| Apr 2025 | Funding Round | $82.0M |
| Feb 2024 | Funding Round | $40.0M |
Leadership
- Edouard Mascré, Founder
- Arthur Waller, Chief Executive Officer
Verified email and direct lines for Pennylane’s decision-makers are on Fundz. See plans
Pennylane in the news
- Qonto and Pennylane: French fintech friends and foes - Tech.eu (Jul 01, 2026)
- Penny Lane 2026: Botswana - swimsuit.si.com (May 12, 2026)
- 31yo dubbed ‘most beautiful woman alive’ - News.com.au (Jun 02, 2026)
- Accounting software startup Pennylane becomes France’s latest unicorn - TechCrunch (Feb 07, 2024)
- Xanadu awarded DARPA grant to develop novel quantum compiler for NISQ-based machines - Xanadu AI (Jul 20, 2021)
- The Quantum Platforms Briefing — Day 5: Open‑Source Ecosystem - Medium (Oct 20, 2025)
- Introducing the Next Version of λambeq - Quantinuum (Sep 10, 2024)
- The Beatles: Penny Lane sign stolen by students returned after 47 years - BBC (Nov 28, 2023)
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About Pennylane: questions and answers
What does Pennylane do?
Pennylane is building the financial OS (Operating System) for European SMEs. A single source of truth for financial and accounting data, used on one side by entrepreneurs to run their business (invoicing and getting paid, paying suppliers and expense management, piloting cash and profitability) and on the other side by their accountant for bookkeeping and tax filings. Saving time to all entrepr
Where is Pennylane headquartered?
Pennylane is headquartered in Paris, France.
How many employees does Pennylane have?
Pennylane has about 977 employees.
Has Pennylane raised funding?
Yes. Fundz has recorded 3 funding events for Pennylane. The most recent, Funding Round of $175.0M, was in Jan 2026.
Who leads Pennylane?
Edouard Mascré is a Founder at Pennylane.
What is the latest news on Pennylane?
On Jan 20, 2026, French accounting unicorn Pennylane raises €175 million in funding to enhance AI capabilities and support growth. TCV leads the round with participation from Blackstone and existing shareholders.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy