About Penny Black
Penny Black is a company based in London (United Kingdom) founded in 2021 was acquired by Stord in July 2025.. Penny Black has raised $3.36 million across 2 funding rounds from investors including Stord, Agfa-Gevaert Group and Ninepointfive. Penny Black offers products and services including Personalized Inserts Platform and Klaviyo Integration. Penny Black operates in a competitive market with competitors including ELSE Corp, Customily, SmartPixels, Kickflip and Artistry.io, among others.
- Headquarter London, United Kingdom
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Sectors
Retail
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Email
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Phone
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Website
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Social
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- Legal Name Penny Black Technology Ltd
- Date of Incorporation 28 Feb, 2022
- Jurisdiction LONDON, ENGLAND
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Products & Services of Penny Black
Penny Black offers a comprehensive portfolio of products and services, including Personalized Inserts Platform and Klaviyo Integration. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform automates customized unboxing inserts for customer orders.
Integration segments customers for tailored post-purchase communications.
Funding Insights of Penny Black
Penny Black has successfully raised a total of $3.36M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.89 million completed in September 2023. 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 Total Funding
- Total Rounds 2
- Last Round Seed — $1.9M
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First Round
First Round
(25 Oct 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Seed - Penny Black | Valuation |
investors |
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| Oct, 2022 | Amount | Seed - Penny Black | Valuation | 9.5 Ventures , Agfa-Gevaert Group |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Penny Black
Penny Black has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Stord, Agfa-Gevaert Group and Ninepointfive. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are focused on industrial digitization.
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Developer of imaging systems and IT solutions for the printing and healthcare industry
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Cloud-based end-to-end logistics and supply chain solutions are provided.
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| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Penny Black
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Penny Black
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Penny Black Comparisons
Competitors of Penny Black
Penny Black 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 ELSE Corp, Customily, SmartPixels, Kickflip and Artistry.io, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Virtual retail platform with 3D scanning for fashion is developed.
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| domain | founded_year | HQ Location |
Product personalization solutions are provided to e-retailers.
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| domain | founded_year | HQ Location |
Video mapping and spatial AR solutions are offered for retail.
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| domain | founded_year | HQ Location |
Cloud-based customization solutions are provided for e-commerce businesses.
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| domain | founded_year | HQ Location |
AI personalization platform is delivered for e-tailers' shopper recommendations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Penny Black
Frequently Asked Questions about Penny Black
When was Penny Black founded?
Penny Black was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Penny Black located?
Penny Black is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Penny Black a funded company?
Penny Black is a funded company, having raised a total of $3.36M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.47M, raised on Oct 25, 2022.
What does Penny Black do?
Founded in 2021 and based in London, United Kingdom, Penny Black operates in the retail technology sector. Product personalization solutions are offered to retailers, enabling the creation of customized packaging with shopper-specific messages and recommendations derived from data insights. Brands and customers are connected through integrated marketing channels, where digital elements are combined with physical formats to foster loyalty and strengthen relationships.
Who are the top competitors of Penny Black?
Penny Black's top competitors include ELSE Corp, Customily and Artistry.io.
What products or services does Penny Black offer?
Penny Black offers Personalized Inserts Platform and Klaviyo Integration.
Who are Penny Black's investors?
Penny Black has 3 investors. Key investors include Stord, Agfa-Gevaert Group, and Ninepointfive.
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