About Pento
Pento is a company based in London (United Kingdom) founded in 2016 was acquired by Bob in February 2024. Pento has raised $54.25 million across 5 funding rounds from investors including HiBob, Seedcamp and Tiger Global. Pento operates in a competitive market with competitors including Gusto, Payflow, Paylocity, Justworks and Earnin, among others.
- Headquarter London, United Kingdom
- Stage Minicorn
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Sectors
Technology
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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 Pento Aps
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People of Pento
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Software Development Team
78 people
Product Management Team
40 people
Leadership Team
35 people
Customer Team
34 people
Senior Team
26 people
Human Resources and Administration
17 people
Finance and Accounting
15 people
Sales and Marketing
15 people
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Funding Insights of Pento
Pento has successfully raised a total of $54.25M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $35 million completed in December 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 Pento
Pento has secured backing from 20 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include HiBob, Seedcamp and Tiger Global.
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Venture and private equity investments are managed with global diversification.
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Early-stage startups are supported by Avid Ventures through investments.
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Investor details for Pento
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Investments & Acquisitions by Pento
Investment portfolio details for Pento
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Financial Statements - Pento
Detailed financials for Pento
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Pento Comparisons
Peer comparison for Pento
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Competitors of Pento
Pento 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 Gusto, Payflow, Paylocity, Justworks and Earnin, among others.
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Cloud-based HR and payroll solutions are offered for small businesses.
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Payflow is recognized as a financial wellness application for employees.
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Cloud-based payroll and HR solutions are provided for businesses.
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Benefits administration and payroll management are provided for businesses.
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Real-time access to earned wages is provided fee-free.
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Provider of staff attendance, payroll and biometric attendance tools for small to medium enterprises
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Detailed competitors of Pento
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Latest news on Pento
Complete news archive for Pento
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Frequently Asked Questions about Pento
Pento was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Pento is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Pento is a funded company, having raised a total of $54.25M across 5 funding rounds to date.
Pento was founded in 2016 in London, United Kingdom, as a provider of payroll management solutions. Services include automated wage payments and reporting, along with premium access for employees to manage profiles and payslips. Multiple subscription plans are available based on product features. Integrations are supported with platforms such as Xero, bob, Nest, BambooHR, SmartPension, and QuickBooks. Operations focus on the HR technology sector.
Pento has 20 investors. Key investors include HiBob, Seedcamp, Tiger Global, Avid Ventures, and General Catalyst.
The valuation of Pento is $8.48M as of Sep 2019.