# Penelope funding: rounds and investors

> Penelope has raised across 1 round since 2025. Investors include Plug and Play, Citibank and Wells Fargo. Every round with its source.

Source: https://millionrounds.com/company/penelope (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Penelope*

One round we have observed, with the 3 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services

Funding summary Updated 26 Oct 2026

**Undisclosed** raised across 1 round since 2025, from 1 source

- **Latest round:** Venture Jun 2025
- **Investors:** 3

See who backed them

## The rounds

- **Jun 2025** Venture **Amount undisclosed** [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Citibank](https://millionrounds.com/fund/citi) [Wells Fargo](https://millionrounds.com/fund/wells-fargo-bank-office) Source recorded

## Everyone who backed them

[Plug and Play](https://millionrounds.com/fund/plug-and-play) Accelerator **1** round

[Citibank](https://millionrounds.com/fund/citi) Growth equity **1** round

[Wells Fargo](https://millionrounds.com/fund/wells-fargo-bank-office) Corporate VC **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=penelope).

## Also claim to have backed them

These 4 firms list Penelope as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Black Jays Investments](https://millionrounds.com/fund/black-jays-ventures) VC firm Per its own site

[Altari Ventures](https://millionrounds.com/fund/altari-ventures) VC firm Per its own site

[Global Fintech Venture Partners](https://millionrounds.com/fund/global-fintech-venture-partners) VC firm Per its own site

[Primetime Partners](https://millionrounds.com/fund/primetime-partners) VC firm Per its own site

## Quick answers about Penelope

### Who invested in Penelope?

Penelope's investors include Plug and Play, Citibank and Wells Fargo.

### How much has Penelope raised?

Penelope has raised 1 round since 2025, none with a disclosed amount.

### When did Penelope last raise?

Penelope's most recent round was a Venture in Jun 2025.

### Who backed Penelope first?

Penelope's first round on record, in Jun 2025, was backed by Plug and Play, Citibank and Wells Fargo.

### What stage is Penelope at?

Penelope's latest named round is a Venture, in Jun 2025.

### Where is Penelope based?

Penelope is based in the United States.

## Companies like Penelope

In the same sector, and raised in the last eighteen months.

[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Platform Accounting Group** $355M · Oct 2026](https://millionrounds.com/company/platform-accounting-group)[**Ramp** $4.5B · Oct 2026](https://millionrounds.com/company/ramp)

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