# Pendo funding: rounds and investors > Pendo has raised $258M across 8 rounds since 2014. Investors include Salesforce Ventures, Contour Venture Partners and CORE Capital Partners. Source: https://millionrounds.com/company/pendo (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Pendo* 8 rounds we have observed, with the 21 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Big Data & Analytics Valuation: $2.6B, Mar 2026 Funding summary Updated 26 Oct 2026 **$258M** raised across 8 rounds since 2014, from 8 sources **$1.0M** Seed **$1.3M** Round **$11M** Series A **$20M** Series B **$25M** Series C **$100M** Series E **$100M** Debt - **Latest round:** Debt, $100M Sept 2025 - **Investors:** 21 (1 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2014 2016 2018 2020 2022 2024 **?** Round **$1.0M** Seed **$1.3M** Round **$20M** Series B **$25M** Series C **$100M** Series E **$100M** Debt - **First round:** Round - **Biggest round:** $100M - **Usual gap between rounds:** 10 months [**Pendo** Enterprise 1 / 24 Their pitch deck **Pendo's pitch deck, 24 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/pendo) ## The rounds - **Sept 2025** Debt **$100M** *1 new* *5 returning* [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [B Capital](https://millionrounds.com/fund/b-capital) [Spark Capital](https://millionrounds.com/fund/spark-capital) [FirstMark](https://millionrounds.com/fund/firstmark) [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) [General Atlantic](https://millionrounds.com/fund/general-atlantic) Source recorded - **Oct 2019** Series E **$100M** *7 new* *1 returning* [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) Lead [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Battery Ventures](https://millionrounds.com/fund/battery-ventures) [FirstMark](https://millionrounds.com/fund/firstmark) [General Atlantic](https://millionrounds.com/fund/general-atlantic) [Meritech Capital Partners](https://millionrounds.com/fund/meritech-capital-partners) [Geodesic Capital](https://millionrounds.com/fund/geodesic-capital) [Cross Creek](https://millionrounds.com/fund/cross-creek) Reported by FinSMEs SEC filing: $100M sold, first sale Oct 2019 - **Jul 2017** Series C **$25M** *5 new* *1 returning* [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Spark](https://millionrounds.com/fund/spark-3) [Contour](https://millionrounds.com/fund/contour) [Idea Fund](https://millionrounds.com/fund/idea-fund) [Core](https://millionrounds.com/fund/core-investment-properties-fund) Meritech Capital Partners/ Battery Reported by FinSMEs SEC filing: $25M sold, first sale Jul 2017 - **Dec 2016** Series B **$20M** *1 new* [Spark Capital](https://millionrounds.com/fund/spark-capital) Reported by FinSMEs SEC filing: $20M sold, first sale Dec 2016 - **Oct 2015** Series A **$11M** *3 new* *2 returning* [Battery Ventures](https://millionrounds.com/fund/battery-ventures) [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Contour Venture Partners](https://millionrounds.com/fund/contour-venture-partners) [IDEA Fund Partners](https://millionrounds.com/fund/idea-fund-partners) [CORE Capital Partners](https://millionrounds.com/fund/core-capital-partners-2) From a historical funding record SEC filing: $11M sold, first sale Oct 2015 - **Mar 2015** Round **$1.3M** *1 new* *2 returning* [Contour Venture Partners](https://millionrounds.com/fund/contour-venture-partners) [CORE Capital Partners](https://millionrounds.com/fund/core-capital-partners-2) Triangle Business Journal From a historical funding record SEC filing: $1.3M sold, first sale Mar 2015 - **Nov 2014** Seed **$1.0M** *2 new* [Contour Venture Partners](https://millionrounds.com/fund/contour-venture-partners) [CORE Capital Partners](https://millionrounds.com/fund/core-capital-partners-2) From a historical funding record - **Jan 2014** Round **Amount undisclosed** *1 new* [Dingman Center Angels](https://millionrounds.com/fund/dingman-center-angels) From a historical funding record SEC filing: $900K sold, first sale Dec 2013 ## Founders and team From Pendo's own website: 3 founders, 4 on the team. **Todd Olson** Founder/CEO **Erik Troan** Founder/CTO **Rahul Jain** Founder/Chief Product Officer - **Chuck Kesler** Chief Information - **Jennifer Kaelin** Chief Financial Officer - **Saurabh Sodani** Chief Development Officer - **Sheena Jain** General Counsel and Chief People Officer ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Round** 2014 **Seed** 2014 **Round** 2015 **Series A** 2015 **Series B** 2016 **Series C** 2017 **Series E** 2019 **Debt** 2025 [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Contour Venture Partners](https://millionrounds.com/fund/contour-venture-partners) [CORE Capital Partners](https://millionrounds.com/fund/core-capital-partners-2) [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) L [Battery Ventures](https://millionrounds.com/fund/battery-ventures) [Spark Capital](https://millionrounds.com/fund/spark-capital) [FirstMark](https://millionrounds.com/fund/firstmark) [General Atlantic](https://millionrounds.com/fund/general-atlantic) [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [B Capital](https://millionrounds.com/fund/b-capital) ## Everyone who backed them [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) Corporate VC **3** rounds [Contour Venture Partners](https://millionrounds.com/fund/contour-venture-partners) VC firm **3** rounds [CORE Capital Partners](https://millionrounds.com/fund/core-capital-partners-2) Investment firm **3** rounds [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) VC firm **2** rounds, led 1 [Battery Ventures](https://millionrounds.com/fund/battery-ventures) VC firm **2** rounds [Spark Capital](https://millionrounds.com/fund/spark-capital) VC firm **2** rounds [FirstMark](https://millionrounds.com/fund/firstmark) VC firm **2** rounds [General Atlantic](https://millionrounds.com/fund/general-atlantic) Private equity **2** rounds [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) VC firm **1** round [B Capital](https://millionrounds.com/fund/b-capital) VC firm **1** round [Meritech Capital Partners](https://millionrounds.com/fund/meritech-capital-partners) VC firm **1** round [Dingman Center Angels](https://millionrounds.com/fund/dingman-center-angels) VC firm **1** round [Geodesic Capital](https://millionrounds.com/fund/geodesic-capital) VC firm **1** round [Cross Creek](https://millionrounds.com/fund/cross-creek) VC firm **1** round [Spark](https://millionrounds.com/fund/spark-3) Growth equity **1** round [IDEA Fund Partners](https://millionrounds.com/fund/idea-fund-partners) VC firm **1** round [Contour](https://millionrounds.com/fund/contour) VC firm **1** round [Idea Fund](https://millionrounds.com/fund/idea-fund) Company **1** round [Core](https://millionrounds.com/fund/core-investment-properties-fund) Private credit **1** round Meritech Capital Partners/ Battery no record of our own yet **1** round Triangle Business Journal no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=pendo). ## Also claim to have backed them This firm lists Pendo as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above. [Scout Analytics](https://millionrounds.com/fund/scout-analytics) Investment firm Per its own site ## Quick answers about Pendo ### Who invested in Pendo? Pendo's investors include Salesforce Ventures, Contour Venture Partners, CORE Capital Partners, Sapphire Ventures and Battery Ventures, and 16 more on record. ### How much has Pendo raised? Pendo has raised $258M across 8 rounds since 2014. One round did not disclose an amount, so the total is a floor. ### When did Pendo last raise? Pendo's most recent round was a Debt of $100M in Sept 2025. ### What was Pendo's biggest round? Its most recent round, $100M in Sept 2025, is also its largest on record. ### Who backed Pendo first? Pendo's first round on record, in Jan 2014, was backed by Dingman Center Angels. ### What stage is Pendo at? Pendo's latest named round is a Debt, in Sept 2025. ### Where is Pendo based? Pendo is based in the United States. ### Who led Pendo's rounds? Sapphire Ventures led the Series E in 2019. ## Companies like Pendo In the same sector, and raised in the last eighteen months. [**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**DrizzleX** $9.1M · Oct 2026](https://millionrounds.com/company/drizzlex)[**Prism Data** $25M · Oct 2026](https://millionrounds.com/company/prism-data)[**Homa** $5.0M · Oct 2026](https://millionrounds.com/company/homa) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app