Pendo.io

Pendo is a product cloud that helps digital product teams and application owners deliver software experiences that users love.

Pendo is on a mission to improve the world’s experiences with software.

Pendo was founded in 2013 by Todd Olson, Erika Troan, Eric Boduch, and Rahul Jain. The company is headquartered in Raleigh, North Carolina, with offices in San Francisco, CA; New York City; London, UK; Sheffield, UK and Israel.

 

Pendo combines powerful product usage analytics with user guidance, communication, feedback, and planning tools to offer the most complete integrated platform for digital product teams.

 

Pendo tracks 1.5 billion user actions a day, and improves the product experience for 80 million users every month. Pendo is also the producer of ProductCraft, a destination editorial site with insights by and for product leaders; and Pendomonium, a premier product conference.

 

Pendo works with more than 2,000 customers, ranging from Fortune 500 businesses. Customers include software companies and digital enterprises, including Verizon, RE/MAX, LabCorp, OpenTable, Okta, Salesforce and Zendesk.

 

Pendo is backed by Tiger Global, B Capital Group, Sapphire Ventures, General Atlantic, Battery Ventures, Thoma Bravo, Meritech Capital, FirstMark, Silver Lake Waterman, Geodesic Capital, Cross Creek, and others. The company raised $110M in a Secondary investment on Nov 11, 2021. This brings Pendo's total funding to $466M to date. The investment was carried out through the purchase of secondary shares from Pendo employees and early-stage investors at the company’s $2.6B valuation in Jul 2021.

 

 

  • Year founded: 2013
  • Funding Info: $466M over 9 Rounds (Latest Funding Type: Secondary Market)
  • Yearly Revenue: $100M (2020)
  • Employee Size: 501-1,000
  • Business Valuation: Valued at $2.6B as of July 27, 2021
  • City/Town: Raleigh
  • State: North Carolina
  • Country: United States
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