Amount Raised
$110 Million
Round Type
Secondary Market
Description
Pendo, a company that provides software that makes software better, today announced a $110 million secondary investment led by Thoma Bravo, a leading software investment firm. The investment was carried out through the purchase of secondary shares from Pendo employees and early-stage investors at the company's most recent valuation of $2.6 billion. As one of the largest and most experienced software investors in the world, Thoma Bravo can provide Pendo with significant operational and financial resources to support the company's growth plans, strategic acquisition efforts, and continued product innovation.
Quick answer
Pendo raised $110 Million in a Secondary Market round, dated November 11, 2021. Pendo is based in Raleigh, North Carolina, United States.
- How much did Pendo raise?
- Pendo raised $110 Million in a Secondary Market round on November 11, 2021.
- What does Pendo do?
- Pendo's mission is to elevate the world's experience with software.
- Where is Pendo based and how big is it?
- Pendo is based in Raleigh, North Carolina, United States.
- Who are the decision-makers at Pendo?
- Fundz holds 1 contact at Pendo. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Software around the same time
Companies in the same sectors as Pendo that raised within 45 days of this round, from Fundz verified event records.
- Anchorage Digital raised $350M (Series D) on December 15, 2021.
- Anchorage Digital raised $350M (Funding Round) on December 15, 2021.
- Teesas raised $1.6M (Pre-Seed) on December 24, 2021.
- I Capital raised an undisclosed amount (Funding Round) on December 24, 2021.
- Ambar raised $36M (Series C) on December 23, 2021.
- Vingroup raised $1.5B (Funding Round) on December 23, 2021.
Who to call at Pendo, and when
A new round usually means Pendo is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Pendo raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Pendo, from your own LinkedIn network
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Fundz sees it the moment Pendo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Pendo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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