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

Pendo Valuation: $2.6B After the Jul 2021 Growth round

Private

Pendo was last valued at $2.6B (post-money). It comes from the Growth round of Jul 2021. The company is private, so there is no listed share price.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Pendo valuation · at a glance
Last valuation
$2.6B
POST-MONEY · JUL 2021
Lead investors
1
across 2 rounds
Raised across rounds
$100M
2 rounds
Date of last round
Jul 2021
closed 27 Jul 2021
Valuation history

How the Pendo valuation has moved

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 rounds

Pendo rounds and the valuation each one set

2 rounds
Round
Date
Amount
Valuation
Basis
Growth round LATEST
27 Jul 2021
—
$2.6B
POST-MONEY
Series E
17 Oct 2019
$100M
$1B
POST-MONEY
Lead investors
Leads: Tiger Global.
Full funding history — Pendo profile ›
What the valuation means

What the $2.6B actually measures

A private valuation is the price agreed in one transaction. The Pendo valuation of $2.6B is a post-money figure from the Growth round dated 27 Jul 2021 .

The valuation holds until the next priced round or secondary sale. A private company founded in 2013 with roughly 750 people has no daily price and no order book between rounds.

Where the $2.6B comes from
EventGrowth round, dated 27 Jul 2021
Basispost-money
LeadTiger Global

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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