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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$5B

PE Round
Late Stage
Debt Financing
Pre-IPO
Series C
Series B
Series A
Others
Calendar Image2020
Established
HeadquarterGradient ImageAbu Dhabi, United Arab Emirates
Headquarter
OperationalGradient Image
UAE
Operational Market
SectorGradient Image
B2B
Primary Sector
EmployeeGradient Image11 - 50
Employees
PinGradient ImageSeed
Current Stage
GlobeGradient Imagehttp://www.penny.co/
Website

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)

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Penny Software's Key
Team Members

Iyad Aldalooj