Financial management & accounting platform
Job no longer available
Financial management & accounting platform
501-1000 employees
Job no longer available
501-1000 employees
To build the leading financial tool for European SMEs see current job openings.
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To build the leading financial tool for European SMEs see current job openings.
In multiple mature markets, companies have been using QuickBooks, Xero and other SaaS solutions for accounting, but it is a fragmented industry with each country using its own software solution. In France, there is no definitive SaaS solution for accounting.
Pennylane wants to overhaul current tools and modernise the tech stack of accounting firms, by connecting directly with third-party services that hold valuable information. Accounting firms can use Pennylane collaboratively by accessing the platform to centralise receipts, create invoices and automate tasks. Instead of sending information back and forth with spreadsheets and photo attachments, both clients and accounting firms can interact directly on the platform.
Pennylane has a significant market opportunity ahead, with an ambitious goal to become the preferred management platform for European companies. The company already claims 50,000 customers. A recent instalment of funding will allow the company to further develop its platform, looking at artificial intelligence for accountants, and expand to other markets in Europe.
Freddie
Company Specialist
Feb 2024
$44.4m
SERIES C
May 2023
$32.8m
SERIES C
This company has top investors
Founders
Arthur Waller
(Co-founder & CEO)Founded PriceMatch in 2012, and progressed from Product Owner to Senior Product Owner at Booking.com between 2015-2018. Co-founded Pennylane in 2020.
Felix Blossier
(Co-founder & COO)Founding Partner of PriceMatch in 2012 and experience as Director General of the French Treasury from 2018-2020. Co-founded Pennylane in 2020.
Alexandre Roquoplo
(Co-founder)Extensive history in finance since 2013. Founded OneCPA in 2018 before co-founding Pennylane in 2020.
Tancrède Besnard
(Co-founder & CPO)Co-founded PriceMatch in 2012. Experience as Product Manager for Booking.com between 2016-2018, and current advisor for Predictus. Co-founded Pennylane in 2020.
Diversity & Inclusion at Pennylane
Katie Sukholeyster (Talent Acquisition Team Lead)
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