Pendo
Financials
Estimates*
USD | 2018 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | 20.5m | 101m | 127m | 200m |
% growth | - | - | 26 % | 57 % |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Angel | ||
$1.0m | Seed | ||
$1.3m | Convertible | ||
$11.0m | Series A | ||
$20.0m | Series B | ||
* | $25.0m | Series C | |
* | $50.0m | Series D | |
* | $100m Valuation: $1.0b 48.8x EV/LTM Revenues | Series E | |
$150m Valuation: $2.6b | Series F | ||
* | $110m | Growth Equity VC | |
Total Funding | $468m |
Related Content
Recent News about Pendo
EditPendo.io is a startup that specializes in product experience and digital adoption solutions. Essentially, Pendo helps companies enhance their digital products to ensure users have a positive and valuable experience. This is particularly important in today's market, where user expectations are higher than ever.
Pendo serves a wide range of clients, primarily focusing on businesses that develop digital products. This includes software companies, tech startups, and enterprises looking to improve their digital interfaces and user engagement. The market Pendo operates in is the software-as-a-service (SaaS) sector, which involves providing software solutions over the internet.
The company's business model revolves around offering a platform that integrates seamlessly with clients' existing products. This platform provides tools and insights that help product teams understand user behavior, gather feedback, and make data-driven decisions to improve their products. Pendo makes money by charging subscription fees for access to its platform and services. These fees can vary based on the level of service and the size of the client.
Pendo's platform includes various features such as in-app messaging, user analytics, and feedback collection. These tools help clients to not only understand how users interact with their products but also to guide users through new features and updates, ensuring a smooth and engaging experience.
In summary, Pendo.io is a key player in the SaaS market, providing essential tools for businesses to enhance their digital products and meet the high expectations of today's users. By focusing on user experience and product improvement, Pendo helps its clients achieve growth and success in a competitive market.
Keywords: product experience, digital adoption, SaaS, user engagement, analytics, feedback, in-app messaging, software integration, user behavior, product improvement.