About Pendo
Pendo is a company based in Raleigh (United States) founded in 2013 by Rahul Jain, Eric Boduch, Todd Olson, and Erik Troan. It operates as a SaaS (Software-as-a-Service) and AI-as-a-Service. Pendo has raised $468.19 million across 10 funding rounds from investors including General Atlantic, FirstMark and Thoma Bravo. Pendo has completed 6 acquisitions, including Chisel, Forwrd and Insert. Pendo offers products and services including Pendo SXM Platform, Pendo AI, and Pendo Analytics. Pendo operates in a competitive market with competitors including Qualtrics, Sprinklr, Amplitude, ActiveCampaign and Heap, among others.
- Headquarter Raleigh, United States
- Founders Rahul Jain, Eric Boduch, Todd Olson, Erik Troan
- Stage Unicorn
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Sectors
Technology
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Phone
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Website
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Social
Locked
- Legal Name Pendo.Io, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$468.19 M (USD)
in 10 rounds
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Latest Funding Round
$110 M (USD), Series F
Nov 11, 2021
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Investors
General Atlantic
& 15 more
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Employee Count
Not available
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Investments & Acquisitions
Chisel
& 5 more
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Products & Services of Pendo
Pendo offers a comprehensive portfolio of products and services, including Pendo SXM Platform, Pendo AI, and Pendo Analytics.
Software experiences are optimized through analytics and guidance.
AI-driven insights are provided for software optimization tasks.
User behavior trends are analyzed for software improvement.
People of Pendo
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Leadership Team
79 people
Sales and Marketing
69 people
Software Development Team
35 people
Product Management Team
23 people
Human Resources and Administration
16 people
Senior Team
13 people
Finance and Accounting
9 people
Sr. Team
9 people
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Funding Insights of Pendo
Pendo has successfully raised a total of $468.19M across 10 strategic funding rounds. The most recent funding activity was a Series F round of $110 million completed in November 2021. 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 Pendo
Pendo has secured backing from 16 investors, including venture fund investors. Prominent investors backing the company include General Atlantic, FirstMark and Thoma Bravo.
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Software and technology-enabled services companies are targeted for investment.
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Technology investing and private equity firm focused on partnerships.
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Investments in technology companies are conducted globally by Battery Ventures.
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Investor details for Pendo
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Pendo
Pendo has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Chisel, Forwrd and Insert.
Investment portfolio details for Pendo
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Employee engagement platform is provided for workplace productivity enhancement.
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No-code predictive analytics solutions are offered via an AI platform.
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Chisel is recognized as a dedicated product management assistant.
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Complete acquisition details for Pendo
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- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Pendo
Detailed financials for Pendo
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- Historical revenue
- Profit trends
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Pendo Comparisons
Peer comparison for Pendo
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Pendo
Pendo 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 Qualtrics, Sprinklr, Amplitude, ActiveCampaign and Heap, among others.
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Surveys are created and feedback is collected through the platform.
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Cloud-based customer experience management software is provided for brands.
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Amplitude is recognized as a leading digital analytics platform.
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Sales, CRM, and email marketing automation software is provided.
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Cloud based product analytics software
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Detailed competitors of Pendo
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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- Full company profiles
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- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Pendo
Complete news archive for Pendo
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Pendo
Pendo was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Pendo is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.
Todd Olson is the current CEO of Pendo. They have also founded this company.
Pendo is a funded company, having raised a total of $468.19M across 10 funding rounds to date.
Software experiences are enhanced by Pendo through its Software Experience Management (SXM) platform. Issues are identified, workflows are streamlined, and usability is improved for web, mobile, SaaS, and AI-driven applications. Solutions are provided for various departments including product, sales, IT, and marketing. Global businesses across 163 countries are supported, with tools like analytics, in-app guides, and AI-driven insights being utilized to boost revenue, reduce costs, and mitigate risks. Sectors such as enterprise, financial services, and startups are served with tailored offerings.
Pendo offers Pendo SXM Platform, Pendo AI, and Pendo Analytics.
Pendo has 16 investors. Key investors include General Atlantic, FirstMark, Thoma Bravo, Silver Lake, and Battery Ventures.
The valuation of Pendo is $2.6B as of Jul 2021.