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PENDO
Pendo
Product experience / digital adoption software · Raleigh, North Carolina · United States · Founded · 2013 · ≈ · 750 · employees

Pendo — Valuation, Funding & Investors

Private

Pendo, headquartered in United States, remains privately held in the product experience / digital adoption software space. Investors last valued the company at $2.6B. No public ticker exists for the company.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Pendo at a glance
Last valuation
$2.6B
POST-MONEY · JUL 2021
Raised across rounds
$100M
2 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
MSFT—
MSFT-PERP · live
Valuation history

Pendo valuation history

2 valuations. The latest, $2.6B post-money, was set by the Growth round in Jul 2021.

$2.6B
Oct 2019
$1B
Series E · post-money
Jul 2021
$2.6BLATEST
Growth round · post-money
+160% vs prior valuation
Latest valuation
$2.6Bpost-money
Set by the Growth round · 27 Jul 2021
×2.6since the $1B Series E in Oct 2019
Valuations
2
Priced rounds with a valuation
Event type
Primary round
The Growth round
Funding history

Pendo funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Series E
Oct 2019
$100M
$1B
—
—
Growth round
Jul 2021
—
$2.6B
Tiger Global
+160.0%
Pendo · investors

Investors

Tiger GlobalLEAD
Will Pendo IPO?
Founded
2013
Oct 2019
Series E · $1B
Jul 2021
Growth round · $2.6B
IPO
Not announced
No filing has been made.
Pendo — the private market
Last valuation$2.6B · post-money · Jul 2021
Total raised$100M
Lead investors
Tiger Global
IPO statusNot announced
Founded · HQ2013 · Raleigh, North Carolina · United States
Employees≈ 750
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About Pendo

Pendo builds a product experience platform that combines product analytics, session replay, customer feedback, and in-app guidance so software companies can see how users and, increasingly, AI agents interact with their product. It calls itself the largest product context graph in the world, feeding data to AI agents through an MCP server so those agents can act with context on onboarding, churn prevention, and roadmap decisions.

Headquartered in Raleigh, North Carolina, Pendo serves product managers, marketers, and sales teams at companies ranging from early-stage SaaS startups to regulated enterprises such as ADP, giving investors exposure to its valuation as a private company.

The money screen · ranked by accessibility

How to get Pendo exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Pendo.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. Pendo availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Pendo included.

No account needed

Pendo stock — frequently asked questions

Who has invested in Pendo?›

Lead investors for each round are in the funding timeline.

Who are Pendo's competitors?›

The closest product experience / digital adoption software peers are on the competitors page.

How can I get exposure to Pendo?›

The routes section explains what is realistically available for a company at this stage.

Is Pendo publicly traded?›

No. Pendo is a private company; its shares do not trade on a public exchange.

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