Pendo was founded in 2013 by Eric Boduch, Erik Troan, Rahu Jain, and Todd Olson. The company has not officially endorsed a plan to participate in an IPO.

Pendo is a product cloud creator for digital products and data-driven teams, providing tools to help teams understand what customers want out of the software they are building. The company has raised approximately $200 million in Venture Capital funding from investors including General Atlantic, Tiger Global Management, Cross Creek, FirstMark Capital, Geodesic Capital, Sapphire Ventures, Meritech Capital Partners, Spark Capital, Battery Ventures, Salesforce Ventures, Contour Venture Partners, and Core Capital Partners. Per company press releases, Pendo last raised $100 million in October 2019 at a post-money valuation of $1 billion.

Register for Details

For more details on financing and valuation for Pendo, register or login.

Please provide a valid email address.

By registering, you agree to Forge’s Terms of Use. Already registered? Log in

Learn More About Pendo

To invest in Pendo pre-IPO

Can you invest in Pendo pre-IPO?

Pendo is a privately held company and is not publicly traded, therefore investing in Pendo pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

Can you sell shares of Pendo before it goes public?

You can seek to sell your shares in Pendo while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.

What is the pre-IPO value of my Pendo shares?

To determine the value of your Pendo shares, create a free account to gain access to Forge’s platform. In addition to the Forge Price, Forge Markets contains pricing information for hundreds of pre-IPO companies such as Last Closed Trade Price. A Private Market Specialist will also be available to assist you with any inquiries related to your Pendo shares. You can also learn more about how to sell your private shares before getting started.

Is Pendo a publicly traded company?

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

To learn more about Pendo potential IPO

Will Pendo go IPO?

Pendo has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Pendo’s IPO price?

The Pendo IPO price does not exist at this time, as Pendo is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Pendo register for Forge Markets, today.

When was Pendo founded?

Pendo was founded in 2013.

What is Pendo funding to date?

Pendo has raised $365.5MM to date.

Who are Pendo’s major investors?

Spark Capital
Sapphire Ventures
Meritech Capital Partners
Battery Ventures
B Capital Group
Bonfire Ventures

Pendo Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
07/27/2021 Series F $150MM $xx.xx $2.63B Battery Ventures, B Capital Group, Contour Venture Partners, Firstmark Capital, General Atlantic, Geodesic Capital, Idea Fund Partners, Meritech Capital Partners, Sapphire Ventures, Silver Lake Waterman, Tiger Global Management
Price per Share
$xx.xx
Shares Outstanding
12,369,972
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Battery Ventures, B Capital Group, Contour Venture Partners, Firstmark Capital, General Atlantic, Geodesic Capital, Idea Fund Partners, Meritech Capital Partners, Sapphire Ventures, Silver Lake Waterman, Tiger Global Management
10/17/2019 Series E $100MM $xx.xx $1B Battery Ventures, Cross Creek Ventures, Firstmark, General Atlantic, Geodesic Capital, Meritech Capital, Sapphire Ventures, Tiger Global Management
Price per Share
$xx.xx
Shares Outstanding
18,895,163
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Battery Ventures, Cross Creek Ventures, Firstmark, General Atlantic, Geodesic Capital, Meritech Capital, Sapphire Ventures, Tiger Global Management
09/12/2018 Series D $50MM $xx.xx $500MM Battery Ventures, Contour Venture Partners, Firstmark Capital, Geodesic Capital, Meritech Capital, Sapphire Ventures, Spark Capital
Price per Share
$xx.xx
Shares Outstanding
16,247,692
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Battery Ventures, Contour Venture Partners, Firstmark Capital, Geodesic Capital, Meritech Capital, Sapphire Ventures, Spark Capital
07/13/2017 Series C $31.5MM $xx.xx $200MM Battery Ventures, Contour Venture Partners, Core Capital Partners, Idea Fund Partners, Meritech Capital Partners, Salesforce Ventures, Spark Capital
Price per Share
$xx.xx
Shares Outstanding
20,653,024
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Battery Ventures, Contour Venture Partners, Core Capital Partners, Idea Fund Partners, Meritech Capital Partners, Salesforce Ventures, Spark Capital
12/12/2016 Series B $20MM $xx.xx $100MM Battery Ventures, Contour Venture Partners, Core Capital Partners, Idea Fund Partners, Salesforce Ventures, Spark Capital
Price per Share
$xx.xx
Shares Outstanding
22,947,825
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Battery Ventures, Contour Venture Partners, Core Capital Partners, Idea Fund Partners, Salesforce Ventures, Spark Capital
10/01/2015 Series A $14MM $xx.xx $23.76MM Battery Ventures, Contour Venture Partners, Core Capital Partners, Elevate Innovation Partners, Idea Fund Partners, Salesforce Ventures
Price per Share
$xx.xx
Shares Outstanding
50,900,845
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Battery Ventures, Contour Venture Partners, Core Capital Partners, Elevate Innovation Partners, Idea Fund Partners, Salesforce Ventures
Updated on: Dec 21, 2024

PLEASE READ THESE IMPORTANT LEGAL NOTICES & DISCLOSURES

‘Stock Price’ or other private company metrics (‘PC Data’) may rely on a very limited number of trade and/or IOI inputs in their calculation. PC Data is prepared and disseminated solely for informational purposes. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of PC Data, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of PC Data. PC Data is derived from the performance and pricing of secondary activity on the Forge platform and other private market trading platforms. PC Data is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Reference to company names does not imply any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company.

Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.

Investing in private company securities is not suitable for all investors, is highly speculative, is high risk, and investors should be prepared to withstand a total loss of their investment. Private company securities are highly illiquid and there is no guarantee that a market will develop for such securities. Each investment carries its own risks, and investors should conduct their own due diligence regarding the investment, including obtaining independent professional advice. Past performance is not indicative of future results. This is not a recommendation, offer, solicitation of an offer, or advice to buy or sell securities by Forge, nor an offer of brokerage services in any jurisdiction where Forge is not permitted to offer brokerage services. Brokerage products and services are offered by Forge Securities LLC, a registered broker-dealer and member FINRA/SIPC. Please see other important disclaimers, disclosures and restrictions you acknowledge by using this website and to which you are subject.