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
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Pento 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
Unlock access to complete
Unlock access to complete
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
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $35.0M
-
First Round
First Round
(25 Jul 2017)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series B - Pento | Valuation | Tiger Global Management , Avid Ventures | |
| May, 2021 | Amount | Series A - Pento | Valuation | General Catalyst | |
| Sep, 2019 | Amount | Seed - Pento | Valuation | Seedcamp , Point Nine |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
Venture and private equity investments are managed with global diversification.
|
Founded Year | Domain | Location | |
|
Early-stage startups are supported by Avid Ventures through investments.
|
Founded Year | Domain | Location | |
|
Investment and transformation services for entrepreneurs in technology and finance sectors.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Pento
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Pento
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pento Comparisons
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. 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based HR and payroll solutions are offered for small businesses.
|
|
| domain | founded_year | HQ Location |
Payflow is recognized as a financial wellness application for employees.
|
|
| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
|
|
| domain | founded_year | HQ Location |
Benefits administration and payroll management are provided for businesses.
|
|
| domain | founded_year | HQ Location |
Real-time access to earned wages is provided fee-free.
|
|
| domain | founded_year | HQ Location |
Provider of staff attendance, payroll and biometric attendance tools for small to medium enterprises
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Pento
Frequently Asked Questions about Pento
When was Pento founded?
Pento was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Pento located?
Pento is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Pento a funded company?
Pento is a funded company, having raised a total of $54.25M across 5 funding rounds to date. The company's 1st funding round was a Seed of $2.8M, raised on Jul 25, 2017.
What does Pento do?
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.
Who are Pento's investors?
Pento has 20 investors. Key investors include HiBob, Seedcamp, Tiger Global, Avid Ventures, and General Catalyst.
What is Pento's valuation?
The valuation of Pento is $8.48M as of Sep 2019.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.