About Pemo
Pemo is a Technology company based in Dubai (United Arab Emirates) founded in 2022 by Ayham Gorani and Alessandro Duri. It operates as a cloud-based accounting and spend management solutions are provided for businesses. Pemo has raised $19 million across 2 funding rounds from investors including Speedinvest, Shorooq Partners and Augmentum Fintech. Its chief executive is Ayham Gorani. Its website pemo.io draws about 76 thousand monthly visits. Pemo offers products and services including Corporate Cards, Expense Management, and Accounting Automation. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Procure to Pay. Its legal entity is Pemo Payments Service Provider L.L.C. Its competitors include Coupa, Sage Group, Tipalti, Emburse and Airbase and 5 more; 9 of its 10 listed competitors have raised funding.
Company details
Pemo was founded in 2022 and is based in Dubai, United Arab Emirates. Cloud-based tools for accounting and spend management are offered to businesses. Services encompass invoice payment, expense management, accounting automation, real-time reporting, and payment reconciliations. Operations focus on streamlining financial processes in the fintech sector for various enterprises.
- Total Equity Funding$19M (USD)
in 2 rounds
- Latest Funding Round$7M (USD), Seed
Nov 2024
- InvestorsSpeedinvest
& 9 more
Products & Services of Pemo
Pemo offers a comprehensive portfolio of products and services, including Corporate Cards, Expense Management, and Accounting Automation.
Physical and virtual cards for controlling business spending
Automates tracking and reporting of business expenses
Syncs transactions and categorizes expenses for easy reconciliation
Apps and channels of Pemo
Pemo publishes 2 mobile apps with over 10K+ downloads.
Funding Insights of Pemo
Pemo has successfully raised a total of $19M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $7 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $19M
- Total Rounds 2
- Last Round Seed — $7M
- First Round $12M
(May 2022)
- Investors Count 10
All 2 funding rounds of Pemo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2024 | $7M | Seed | – | Augmentum Fintech, Shorooq Partners | |
| May 2022 | $12M | Seed | – | Cherry Ventures, Shorooq Partners |
10 investors in total: 7 institutional and 3 angel.
Investors in Pemo
Pemo has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Speedinvest, Shorooq Partners and Augmentum Fintech.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund investing in fintech startups | 2009 | augmentum.vc | London, United Kingdom | |
Early-stage investments in tech companies are made by Shorooq Partners. | 2016 | shorooq.com | Abu Dhabi, United Arab Emirates | |
Provider of early-stage venture capital funding for European technology companies | – | cherry.vc | Berlin, Germany | |
Early-stage venture capital and startup acceleration are provided. | 2011 | speedinvest.com | Vienna, Austria | |
Investments in FinTech startups are managed by the firm. | – | fintech.io | - | |
Global tech firms are funded at seed and growth stages. | – | byvp.com | Beirut, Lebanon | |
Early-stage investing and founder support services are offered globally by Antler. | 2018 | antler.co | - | |
MF Mahmoud Fouz | Angel investor and entrepreneur, co-founder of Eat Mubarak, focused on tech startups. | – | unknown_c721934bbe2f4961a | - |
AE Abdulla Elyas | Co-founder of Loyal, active angel investor in Indian startups | – | unknown_6fcb24c1e1c74c13b | - |
TR Tomaso Rodriguez | Angel investor and CEO of Carbon Health, focusing on healthcare innovation | – | unknown_f9cf6d415d7243cfb | - |
Investor details for Pemo
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People of Pemo
20 people are tracked at Pemo (8 in leadership, 12 in team).
| Name | Role | Group |
|---|---|---|
Ayham Gorani | Co-Founder & CEO | Leadership |
Alessandro Duri | Co-Founder | Leadership |
Ginevra V. | Head Of Business Development | Leadership |
Alessandro Durì | Co-Founder | Leadership |
Emil Shemtov | Head Of Performance Marketing | Leadership |
Saed Ghorani | CTO Pemo.io | Leadership |
Mujahed Sebai | VP of Engineering | Leadership |
Tasneem Merchant | Head of People and Culture | Leadership |
Kinza Sarrokh | Sales business developper | Team |
Moustafa I. | Sales & Growth - MENA | Team |
Louay al-Osh | Frontend Developer | Team |
Shobhit Sharma | Account Executive | Team |
Judi Tarek | Account Executive | Team |
Gagan V Gupta | Sr. Digital Account Manager | Team |
Hnein Ashkar | Development Team Lead | Team |
Mhd Alaa Shaghlil | Lead Product Manager | Team |
Youssef Khattab | Account Executive | Team |
Mohamed Heddaya | Senior Product Manager | Team |
Ali Pakravan | Senior Account Executive | Team |
Anas Masri | Technical Product Manager | Team |
Complete people profiles for Pemo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Pemo
3 dated milestones of Pemo across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Pemo is founded.
- Funding First funding round of $12.0M.
- Funding Latest funding round, Seed, of $7.0M.
Competitors of Pemo
Pemo has 10 listed competitors in our database, 9 of them funded. They include Coupa, Sage Group, Tipalti, Emburse and Airbase, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| coupa.com | 2006 | San Mateo, United States | $169M | 643 | Cloud-based end-to-end spend management software is delivered for businesses. | |
| sage.com | 1981 | United States | – | 1,877 | Cloud-based accounting and payroll solutions for small and medium businesses | |
| tipalti.com | 2010 | Foster, United States | $553M | 360 | Cloud-based procurement and invoice management solutions are offered to businesses. | |
| emburse.com | 2002 | San Francisco, United States | $7.25M | 9 | Corporate cards and expense management are offered to businesses. | |
| airbase.com | 2017 | San Francisco, United States | $90.5M | 77 | Procure-to-pay management software is offered for business operations. | |
| bizongo.com | 2015 | Mumbai, India | $257.08M | 94 | Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions | |
| procurify.com | 2012 | Vancouver, Canada | $82.49M | – | SaaS spend management software is used to automate procure-to-pay operations. | |
| ivalua.com | 2000 | Redwood, United States | $134.45M | 236 | Procurement management solutions are delivered for business operations. | |
| corcentric.com | 1998 | Mclean, United States | $81.2M | – | Cloud-based procurement automation solutions are delivered to businesses worldwide. | |
| mineraltree.com | 2010 | Cambridge, United States | $123.38M | 26 | Cloud-based accounts payable automation is delivered for businesses. |
Detailed competitors of Pemo
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Web traffic of Pemo
The website of Pemo (pemo.io) receives about 76K visits a month.
- Monthly visits76K
▲ 13.2% vs previous month
Websites whose visitors overlap most with Pemo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| getpluto.com | 100% | 16K | #1,557,550 | View details | |
| insurancemarket.ae | 82% | 193.3K | #205,144 | View details | |
| xpence.com | 82% | 26.7K | #765,063 | View details | |
| soulwallet.com | 60% | – | #4,083,389 | View details | |
rakbankonline.ae | rakbankonline.ae | 57% | – | #53,125 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for Pemo
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- 10 similar websites
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Top companies in Finance & Accounting Applications
10 companies that operate in the same segment as Pemo (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, Ile de France, France | USD 717.15 M | USD 171.7 M | 2,457 | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | 8,159 |
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Related news about Pemo
Complete news archive for Pemo
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Frequently Asked Questions about Pemo
Pemo was founded in 2022.
Pemo is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Ayham Gorani is the current CEO of Pemo. They have also founded this company.
Pemo is a funded company, having raised a total of $19M across 2 funding rounds to date. The company's 1st funding round was a Seed of $12M, raised on May 2022.
Pemo was founded in 2022 and is based in Dubai, United Arab Emirates. Cloud-based tools for accounting and spend management are offered to businesses. Services encompass invoice payment, expense management, accounting automation, real-time reporting, and payment reconciliations. Operations focus on streamlining financial processes in the fintech sector for various enterprises.
Pemo's top competitors include Coupa, Sage Group and Airbase.
Pemo offers Corporate Cards, Expense Management, and Accounting Automation.
Pemo has 10 investors. Key investors include Speedinvest, Shorooq Partners, Augmentum Fintech, Cherry Ventures, and FinTech Collective.
Pemo operates through Pemo Payments Service Provider L.L.C..
Yes. Pemo publishes Pemo and 1 more app, with over 10,000 downloads.