France · 
Who invested in Pennylane?
Pennylane's investors include Sequoia Capital, Kima Ventures, Partech Ventures, DST Global and Meritech Capital Partners, and 2 more on record.
2026
$82MRound$204MSeries E
France · Series E startup
Who invested in Pennylane
2 rounds we have observed, with the 7 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.
Raised 10 months agoValuation: $4.1B, Mar 2026
Follow Pennylane and see its new rounds in your feed. Start following
Funding summaryUpdated 5 Nov 2026
$286Mraised across 2 rounds since 2025, from 2 sources
$82MRound$204MSeries E
- Latest round
- Series E, $204MJan 2026
- Step-upi
- 2.5×
- Investors
- 7 (3 led)
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Round, $82M Apr 2025
- Biggest round
- $204M Series E · Jan 2026
- Between rounds
- 9 months from the last two
PennylaneAccounting1 / 15Their pitch deckPennylane's pitch deck, 15 slidesEach slide read for what it argues, against the decks that raised at the same stage.→The rounds
- Jan 2026Series E$204M1 new4 returning
Source recorded
- Apr 2025Round$82M6 new
Reported by TechStartups
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.
Round2025Series E2026
Sequoia CapitalL
Kima Ventures
Partech Ventures
DST Global
Meritech Capital PartnersL
CapitalGL
TCV
Sequoia CapitalLKima VenturesPartech VenturesDST GlobalMeritech Capital PartnersLCapitalGLTCVEveryone who backed them
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
This firm lists Pennylane 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.
Quick answers about Pennylane
How much has Pennylane raised?
Pennylane has raised $286M across 2 rounds since 2025.
When did Pennylane last raise?
Pennylane's most recent round was a Series E of $204M in Jan 2026.
What was Pennylane's biggest round?
Its most recent round, $204M in Jan 2026, is also its largest on record.
Who backed Pennylane first?
Pennylane's first round on record, in Apr 2025, was backed by Sequoia Capital, Meritech Capital Partners and CapitalG and 3 others.
What stage is Pennylane at?
Pennylane's latest named round is a Series E, in Jan 2026.
Where is Pennylane based?
Pennylane is based in France.
Who led Pennylane's rounds?
Sequoia Capital led the funding round in 2025.
Companies like Pennylane
In the same sector, and raised in the last eighteen months.
Find investors like these
Search every investor by what they have actually funded, then narrow to your stage and market. Free.