Investors in Pengu
Pengu has secured backing from 1 investor. Prominent investors backing the company include Sastrify.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AI-powered platform is used by IT teams for software management. | 2020 | sastrify.com | Cologne, Germany |
Investor details for Pengu
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Timeline of Pengu
2 dated milestones of Pengu across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Pengu is founded.
- Exit Acquired by Sastrify.
Competitors of Pengu
Pengu 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 Coupa, Sage Group, Airbase, Ivalua and Procurify, 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 | |
| airbase.com | 2017 | San Francisco, United States | $90.5M | 77 | Procure-to-pay management software is offered for business operations. | |
| ivalua.com | 2000 | Redwood, United States | $134.45M | 236 | Procurement management solutions are delivered for business operations. | |
| procurify.com | 2012 | Vancouver, Canada | $82.49M | – | SaaS spend management software is used to automate procure-to-pay operations. | |
| bizongo.com | 2015 | Mumbai, India | $257.08M | 94 | Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions | |
| logicsource.com | 2009 | Norwalk, United States | $205.68M | 196 | Cloud-based sourcing and procurement solutions are provided for multiple industries. | |
| esker.com | 1985 | Middleton, United States | – | 223 | AI and cloud-enabled source-to-pay automation solutions are provided for businesses. | |
| jaggaer.com | 1995 | Durham, United States | $37.5M | 363 | Web-based source-to-pay solutions are provided for key industries. | |
| tradeshift.com | 2010 | San Francisco, United States | $1.24B | – | Cloud-based source-to-pay management solutions are provided for businesses. |
Detailed competitors of Pengu
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Latest news on Pengu
Complete news archive for Pengu
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Similar companies to Pengu
10 companies that operate in the same segment as Pengu (Procurement & Supply Chain IT), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based end-to-end spend management software is delivered for businesses. | 2006 | San Mateo, California, United States | USD 169 M | USD 39.68 M | 648 | |
Cloud-based positioning solutions are offered for industrial sectors. | 1978 | Sunnyvale, California, United States | – | USD 3.59 B | 12,100 | |
Zebra Technologies is recognized for providing intelligent operation solutions globally. | 1969 | Lincolnshire, Illinois, United States | – | USD 5.43 B | 9,900 | |
AI and cloud-based supply chain management solutions are provided. | 1985 | Scottsdale, Arizona, United States | USD 800 M | – | – | |
AI and SaaS-based robots for warehouse automation are provided. | 2012 | Roswell, United States | USD 545.23 M | USD 39.76 M | 553 | |
Provider of supply chain financing solutions for small and medium enterprises | 2017 | Mumbai, Maharashtra, India | USD 269.95 M | USD 48.5 M | 1,506 | |
AI-based electronic invoicing and supply chain management solution for businesses | 2009 | San Francisco, California, United States | USD 220.46 M | – | 185 | |
Contract lifecycle management software is developed using AI-powered intelligence. | 2016 | San Carlos, California, United States | USD 154.69 M | – | – | |
AI-powered software for legal contract management is utilized. | 2012 | Lehi, Utah, United States | USD 170.95 M | – | – | |
Procure-to-pay management software is offered for business operations. | 2017 | San Francisco, California, United States | USD 90.5 M | – | – |
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Frequently Asked Questions about Pengu
Pengu was founded in 2022.
Pengu is headquartered in Amsterdam, Netherlands.
Pengu was founded in 2022 and is based in Amsterdam, Netherlands. Operations focus on the supply chain management sector, where SaaS tools are provided for spend analysis, optimization, and procurement cycle tracking. Services include support for SaaS contract negotiations and a dashboard for monitoring buyer contracts and negotiations. The platform aids in overall spend visibility and control within organizational supply chains.
Pengu's top competitors include Coupa, Sage Group and Airbase.
Pengu has 1 investor. Key investors include Sastrify.
Yes. Pengu was acquired by Sastrify in November 2023.