Pencil

Singapore, Singapore Founded: 2018 • Age: 8 yrs Acquired By Brandtech Group
AI-based tool for managing and generating ad creatives is provided.
Annual revenue - Latest available
Total funding $4.1M 2 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Pencil

Pencil is a company based in Singapore (Singapore) founded in 2018 by James Chadwick, Will Hanschell, and Sumukh Avadhani was acquired by Brandtech Group in June 2023. It operates as a SaaS (Software-as-a-Service) and Subscription Services. Pencil has raised $4.1 million across 2 funding rounds from investors including Brandtech Group, Wavemaker Partners and Surge. Pencil offers products and services including Pencil Pro and Pencil Core. Pencil operates in a competitive market with competitors including Adobe, LoopMe, CreativeX, Apester and Runway, among others.

  • Headquarter Singapore, Singapore
  • Founders James Chadwick, Will Hanschell, Sumukh Avadhani
  • Sectors
    Technology
    Media & Entertainment
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Pencil Ai Limited
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Media & Entertainment → Marketing, Advertising & Adtech Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $4.1 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3 M (USD), Seed

    Apr 27, 2020

  • Investors
  • Employee Count
    Not available
  • Acquired by
    Brandtech Group

    (Jun 15, 2023)

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Products & Services of Pencil

Pencil offers a comprehensive portfolio of products and services, including Pencil Pro and Pencil Core.

Product name locked
Category locked
Primary

A platform for creating AI-generated marketing ads.

Product name locked
Category locked
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A tool for generating AI-driven ad creatives.

People of Pencil

Headcount 50-200
Employee Profiles 15
Employee Profiles
People
Ali Shepherd
Head Of People & Talent
People
Sumukh Avadhani
CTO And Co-founder
People
Georgina Sudderick Acca
Financial Controller
People
Matt Jones
Head Of Customer Success

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Funding Insights of Pencil

Pencil has successfully raised a total of $4.1M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in April 2020. 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.

Investors in Pencil

Pencil has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Brandtech Group, Wavemaker Partners and Surge.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Acceleration is provided to startups across multiple sectors by Surge.
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Investments in early-stage technology companies are made by Wavemaker Partners.
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Early-stage deep tech startups are funded by SGInnovate in Singapore.
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Investor details for Pencil

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  • Investor domains
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Investments & Acquisitions by Pencil

Investments
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Investment portfolio details for Pencil

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  • Transaction dates
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Financial Statements - Pencil

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Detailed financials for Pencil

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  • Profit trends
  • Statement rows
  • Financial ratios

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Pencil Comparisons

Pencil Primary company
Description
AI-based tool for managing and generating ad creatives is pr...
Location
Singapore, Singapore
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Pencil

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Pencil

Pencil operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Adobe, LoopMe, CreativeX, Apester and Runway, among others.

Company Name Domain Founded year HQ Location Description
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AI-powered platform manages marketing creatives and customer journeys.
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Mobile ad campaigns are optimized using AI and big data.
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Ad creative analytics are delivered via an automated measurement platform.
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A content engagement platform is provided for interactive media creation.
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AI tools for multimodal world simulations are developed.
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A cloud-based platform for personalized advertising is provided by Jivox.
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Detailed competitors of Pencil

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Latest news on Pencil

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Complete news archive for Pencil

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Frequently Asked Questions about Pencil

Pencil was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Pencil is headquartered in Singapore, Singapore.

Will Hanschell is the current CEO of Pencil. They have also founded this company.

Pencil is a funded company, having raised a total of $4.1M across 2 funding rounds to date.

A Generative AI marketing platform is offered by Pencil, targeting businesses and enterprises. Solutions for ad creation using advanced AI models are provided, streamlining processes from brainstorming to large-scale production. Sectors such as digital advertising and creative marketing are served, with integrations like Google Cloud, Adobe Firefly, and OpenAI. Features including performance analytics and creative insights are included to optimize ad spend and enhance return on investment.

Pencil's top competitors include Adobe, CreativeX and Runway.

Pencil offers Pencil Pro and Pencil Core.

Pencil has 5 investors. Key investors include Brandtech Group, Wavemaker Partners, Surge, SGInnovate, and Entrepreneur First.

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