# Penny funding: rounds and investors

> Penny has raised $32M across 2 rounds since 2022. Investors include SFC Capital, Gradient and PSG. Every round with its source.

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

United Kingdom · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Penny*

2 rounds we have observed, with the 6 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.

Fintech

Funding summary Updated 26 Oct 2026

**$32M** raised across 2 rounds since 2022, from 2 sources

**$27M** Growth **$4.8M** Seed

- **Latest round:** Seed, $4.8M Jul 2022
- **Biggest round:** $27M Growth · Jun 2022
- **Investors:** 6

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.

2023

**$27M** Growth

**$4.8M** Seed

- **First round:** Growth, $27M
- **Biggest round:** $27M

## The rounds

- **Jul 2022** Seed **$4.8M** *4 new* [SFC Capital](https://millionrounds.com/fund/sfc-capital) [Gradient](https://millionrounds.com/fund/gradient-ventures) [10x Founders](https://millionrounds.com/fund/10x-founders) [Leblon Capital](https://millionrounds.com/fund/leblon-capital) Source recorded
- **Jun 2022** Growth **$27M** *2 new* [PSG](https://millionrounds.com/fund/providence-equity-partners) [Scale-Up Ventures](https://millionrounds.com/fund/scale-up) Source recorded

## 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.

**Growth** 2022 **Seed** 2022 [SFC Capital](https://millionrounds.com/fund/sfc-capital) [Gradient](https://millionrounds.com/fund/gradient-ventures) [PSG](https://millionrounds.com/fund/providence-equity-partners) [10x Founders](https://millionrounds.com/fund/10x-founders) [Leblon Capital](https://millionrounds.com/fund/leblon-capital) [Scale-Up Ventures](https://millionrounds.com/fund/scale-up)

## Everyone who backed them

[SFC Capital](https://millionrounds.com/fund/sfc-capital) Angel network **1** round

[Gradient](https://millionrounds.com/fund/gradient-ventures) VC firm **1** round

[PSG](https://millionrounds.com/fund/providence-equity-partners) VC firm **1** round

[10x Founders](https://millionrounds.com/fund/10x-founders) VC firm **1** round

[Leblon Capital](https://millionrounds.com/fund/leblon-capital) VC firm **1** round

[Scale-Up Ventures](https://millionrounds.com/fund/scale-up) VC firm **1** round

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

## Quick answers about Penny

### Who invested in Penny?

Penny's investors include SFC Capital, Gradient, PSG, 10x Founders and Leblon Capital, and 1 more on record.

### How much has Penny raised?

Penny has raised $32M across 2 rounds since 2022.

### When did Penny last raise?

Penny's most recent round was a Seed of $4.8M in Jul 2022.

### What was Penny's biggest round?

Penny's largest round on record is $27M (Growth), in Jun 2022.

### Who backed Penny first?

Penny's first round on record, in Jun 2022, was backed by PSG and Scale-Up Ventures.

### What stage is Penny at?

Penny's latest named round is a Seed, in Jul 2022.

### Where is Penny based?

Penny is based in the United Kingdom.

## Companies like Penny

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

[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Reactive Markets** Oct 2026](https://millionrounds.com/company/reactive-markets)[**TrueLayer** $376M · Oct 2026](https://millionrounds.com/company/truelayer)[**IMMIX** $6.2M · Oct 2026](https://millionrounds.com/company/immix)[**PlannerPal** $6.0M · Oct 2026](https://millionrounds.com/company/plannerpal)[**givestar** $12M · Sept 2026](https://millionrounds.com/company/givestar)

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