# Pennylane funding: rounds and investors > Pennylane has raised $286M across 2 rounds since 2025. Investors include Sequoia Capital, Kima Ventures and Partech Ventures. Every round with its source. Source: https://millionrounds.com/company/pennylane (Millionrounds; every figure on the page links to its filing or article) France · [Series E startup](https://millionrounds.com/companies) # 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. Professional Services Fintech SaaS Raised 10 months ago Valuation: $4.1B, Mar 2026 Follow Pennylane and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fpennylane) Funding summary Updated 5 Nov 2026 **$286M** raised across 2 rounds since 2025, from 2 sources **$82M** Round **$204M** Series E - **Latest round:** Series E, $204M Jan 2026 - **Step-up i:** 2.5× - **Investors:** 7 (3 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. 2026 **$82M** Round **$204M** Series E - **First round:** Round, $82M - **Biggest round:** $204M - **Between rounds:** 9 months [**Pennylane** Accounting 1 / 15 Their pitch deck **Pennylane's pitch deck, 15 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/pennylane) ## The rounds - **Jan 2026** Series E **$204M** *1 new* *4 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Kima Ventures](https://millionrounds.com/fund/kima-ventures) [Partech Ventures](https://millionrounds.com/fund/partech) [TCV](https://millionrounds.com/fund/tcv) [DST Global](https://millionrounds.com/fund/dst-global) Source recorded - **Apr 2025** Round **$82M** *6 new* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) Lead [Meritech Capital Partners](https://millionrounds.com/fund/meritech-capital-partners) Lead [CapitalG](https://millionrounds.com/fund/capitalg) Lead [Kima Ventures](https://millionrounds.com/fund/kima-ventures) [Partech Ventures](https://millionrounds.com/fund/partech) [DST Global](https://millionrounds.com/fund/dst-global) 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. **Round** 2025 **Series E** 2026 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) L [Kima Ventures](https://millionrounds.com/fund/kima-ventures) [Partech Ventures](https://millionrounds.com/fund/partech) [DST Global](https://millionrounds.com/fund/dst-global) [Meritech Capital Partners](https://millionrounds.com/fund/meritech-capital-partners) L [CapitalG](https://millionrounds.com/fund/capitalg) L [TCV](https://millionrounds.com/fund/tcv) ## Everyone who backed them [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **2** rounds, led 1 [Kima Ventures](https://millionrounds.com/fund/kima-ventures) VC firm **2** rounds [Partech Ventures](https://millionrounds.com/fund/partech) VC firm **2** rounds [DST Global](https://millionrounds.com/fund/dst-global) Private equity **2** rounds [Meritech Capital Partners](https://millionrounds.com/fund/meritech-capital-partners) VC firm **1** round, led 1 [CapitalG](https://millionrounds.com/fund/capitalg) Corporate VC **1** round, led 1 [TCV](https://millionrounds.com/fund/tcv) Private equity **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=pennylane). ## 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. [Discovery Ventures](https://millionrounds.com/fund/discovery-ventures) VC firm Per its own site ## Quick answers about Pennylane ### 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. ### 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. [**Fundbot** $2.6M · Oct 2026](https://millionrounds.com/company/fundbot)[**Verso** $6.0M · Oct 2026](https://millionrounds.com/company/verso)[**Wealthcome** $25M · Sept 2026](https://millionrounds.com/company/wealthcome)[**OPiO** $4.6M · Sept 2026](https://millionrounds.com/company/opio)[**Climb** $13M · Sept 2026](https://millionrounds.com/company/climb)[**Iopole** $3.4M · Sept 2026](https://millionrounds.com/company/iopole) ## 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