Fundz

Investment And Advisory Platform For Founders And Leaders Of Color Pendulum® Secures Strategic Investment From Bdt & Company

PRIVATEMay 24, 2022

Round Type

Corporate Round

San FranciscoBiotechnologySoftware

Description

Pendulum Holdings, LLC (“Pendulum”), a strategic investment and advisory platform for founders and leaders of color, today announced that BDT & Company, LLC (“BDT”) has made a strategic minority investment in the company. BDT’s investment in Pendulum follows an investment made by Bank of America in 2021.

Quick answer

Pendulum raised an undisclosed amount in a Corporate Round round, dated May 24, 2022. Pendulum is based in San Francisco, California, United States.

How much did Pendulum raise?
Pendulum raised an undisclosed amount in a Corporate Round round on May 24, 2022.
What does Pendulum do?
The company today announced that it has raised a $5.9 million seed round led by Madrona Venture Group, with participation from Cercano Management and others.
Where is Pendulum based and how big is it?
Pendulum is based in San Francisco, California, United States.
Who are the decision-makers at Pendulum?
Fundz holds 1 contact at Pendulum. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology and Software around the same time

Companies in the same sectors as Pendulum that raised within 45 days of this round, from Fundz verified event records.

  • CardiaTec raised $1.8M (Seed) on July 6, 2022.
  • SonALAsense raised an undisclosed amount (Funding Round) on June 28, 2022.
  • My Ome raised $23M (Series B) on June 21, 2022.
  • Massive Bio and Foundation Medicine raised $9M (Funding Round) on June 2, 2022.
  • Endpoint Health raised $52M (Funding Round) on June 2, 2022.
  • Axe Compute Inc. raised $2.3M on June 2, 2022.

Who to call at Pendulum, and when

A new round usually means Pendulum is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Pendulum raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Pendulum, from your own LinkedIn network

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Company Information

Company

Pendulum

Location

San Francisco, California, United States

About

The company today announced that it has raised a $5.9 million seed round led by Madrona Venture Group, with participation from Cercano Management and others. With support for YouTube, BitChute, Rumble and Podcasts currently available, the platform will grow to encompass all social platforms of importance over the coming months.”The team behind Pendulum Listes stressed that for a platform like Pendulum to work, it has to cover as many platforms as possible. ” That means the company can work with corporations, for example, which may want to track narratives around a company’s executives and assets, for communications but also security reasons.Because it doesn’t want to decide whether something is true or not, Pendulum opens itself up for use by nefarious actors as well. Listes argues that the company doesn’t track any personal identifiable information, though, and that the team is quite cognizant of this possibility. ”Yet while Pendulum can be used by government agencies to track online narratives, it’s a commercial service first. But Listes also noted that Pendulum isn’t in the business of adjudicating truth.

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Related People

1 contact
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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.