Penny Software
Penny is a cloud-based Procure-To-Pay system. penny helps you digitize and manage your full procurement cycle from request to approval. Manage RFQs to vendors, compare quotations, send POs and even payment. penny was designed to make things easy and consolidate all of yourorganization’s spending needs into one intelligent system
Total Fundraised$9.8M
2020
Riyadh, Saudi Arabia
11 - 50
Pre-Series A
http://www.penny.co/Penny Software's Stages
Seed
Pre-Series A
Funding Types by Funds Raised (in USD)
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Cumulative Funding Raised Over Time
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Penny Software's Investors by Funding Rounds
| Funding Round | Announced Date | Disclosed Investors | Round Amount (USD) |
|---|---|---|---|
Seed | 21 Sep 2020 | 1.4M 4 Investors | |
Seed | 16 Jan 2022 | 5M 5 Investors | |
Pre-Series A | 15 Apr 2024 | Knollwood Investment Advisory Oryx Fund Shorooq Partners Outliers Venture Capital Wamda Capital Al Tuwaijri Fund Class 5 Global Dallah Investment Holding GSI Ventures Iliad Partners | 3.5M 10 Investors |
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