About Penneo
Penneo is a company based in Gribskov (Denmark) founded in 2012 by Mikkel Clausen was acquired by Visma in December 2024. Penneo has raised $11.08 million across 7 funding rounds from investors including Visma, European Union and Accelerace. Penneo offers products and services including Penneo Sign, Penneo KYC, Integrations, and Validator. Penneo operates in a competitive market with competitors including Box, Adobe, DocuSign, Onfido and IDfy, among others.
- Headquarter Gribskov, Denmark
- Founders Mikkel Clausen
- Stage Public
-
Sectors
Technology
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Penneo Holding Aps
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Penneo
Penneo offers a comprehensive portfolio of products and services, including Penneo Sign, Penneo KYC, Integrations, and Validator.
Secure tool for electronic document signing and workflow automation.
Platform for compliant Know Your Customer processes and identity checks.
Tools for integrating with CRMs, ERPs, and other systems for seamless operations.
Service for validating digital identities and signatures securely.
People of Penneo
Unlock access to complete
Unlock access to complete
Funding Insights of Penneo
Penneo has successfully raised a total of $11.08M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $1.55 million completed in September 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 Penneo
Penneo has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Visma, European Union and Accelerace.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Government agency and accelerator focusing on innovative startups and SMEs
|
Locked | Locked | Locked | |
|
Funding and support are provided to early-stage startups by Accelerace.
|
Locked | Locked | Locked | |
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
Locked | Locked | Locked |
Investor details for Penneo
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Penneo
Investment portfolio details for Penneo
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.
Financial Statements - Penneo
Detailed financials for Penneo
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Penneo Comparisons
Peer comparison for Penneo
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Penneo
Penneo 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 Box, Adobe, DocuSign, Onfido and IDfy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
AI-based platform for secure collaboration and content management is utilized.
|
|
| Locked | Locked | Locked |
AI-powered platform manages marketing creatives and customer journeys.
|
|
| Locked | Locked | Locked |
Cloud and AI-based electronic signatures and contract management are provided.
|
|
| Locked | Locked | Locked |
Identity verification solutions are provided, including document and biometric authentication.
|
|
| Locked | Locked | Locked |
Identity verification, background screening, and fraud prevention solutions are provided.
|
|
| Locked | Locked | Locked |
AI-powered automation is offered for document analysis and identity verification.
|
Detailed competitors of Penneo
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Penneo
Complete news archive for Penneo
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 Penneo
Penneo was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Penneo is headquartered in Gribskov, Denmark.
Penneo is a funded company, having raised a total of $11.08M across 7 funding rounds to date.
Founded in 2012 in Gribskov, Denmark, Penneo operates in the software sector focused on document management. Document-based workflows are digitized and streamlined for businesses. Documents are dispatched to multiple signers in a defined sequence, with electronic signatures executed using eID from various devices and locations. Operations emphasize secure, compliant handling of agreements across industries.
Penneo offers Penneo Sign, Penneo KYC, Integrations, and Validator.
Penneo has 4 investors. Key investors include Visma, European Union, Accelerace, and EIC Fund.
The valuation of Penneo is $21.36M as of Sep 2021.