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.

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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?

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Is Pendo a publicly traded company?

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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 B Capital Group, Silver Lake Waterman, Battery Ventures, Meritech Capital Partners, Sapphire Ventures, General Atlantic, Tiger Global Management, FirstMark Capital, Geodesic Capital, IDEA Fund Partners, Contour Venture Partners
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
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
B Capital Group, Silver Lake Waterman, Battery Ventures, Meritech Capital Partners, Sapphire Ventures, General Atlantic, Tiger Global Management, FirstMark Capital, Geodesic Capital, IDEA Fund Partners, Contour Venture Partners
10/17/2019 Series E $100MM $xx.xx $1B Sapphire Ventures, General Atlantic, Tiger Global Management, Battery Ventures, Meritech Capital, FirstMark, Geodesic Capital, Cross Creek Ventures
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
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sapphire Ventures, General Atlantic, Tiger Global Management, Battery Ventures, Meritech Capital, FirstMark, Geodesic Capital, Cross Creek Ventures
09/12/2018 Series D $50MM $xx.xx $500MM Sapphire Ventures, Geodesic Capital, FirstMark Capital, Battery Ventures, Spark Capital, Meritech Capital, Contour Venture Partners
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
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sapphire Ventures, Geodesic Capital, FirstMark Capital, Battery Ventures, Spark Capital, Meritech Capital, Contour Venture Partners
07/13/2017 Series C $31.5MM $xx.xx $200MM Meritech Capital Partners, Battery Ventures, Contour Venture Partners, Core Capital Partners, IDEA Fund 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
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Meritech Capital Partners, Battery Ventures, Contour Venture Partners, Core Capital Partners, IDEA Fund Partners, Salesforce Ventures, Spark Capital
12/12/2016 Series B $20MM $xx.xx $100MM Spark Capital, Battery Ventures, Contour Venture Partners, Core Capital Partners, IDEA Fund Partners, Salesforce Ventures
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
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Spark Capital, Battery Ventures, Contour Venture Partners, Core Capital Partners, IDEA Fund Partners, Salesforce Ventures
10/01/2015 Series A $14MM $xx.xx $23.76MM Battery Ventures, Core Capital Partners, Contour Venture 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
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Battery Ventures, Core Capital Partners, Contour Venture Partners, Elevate Innovation Partners, IDEA Fund Partners, Salesforce Ventures
Updated on: Nov 21, 2024

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