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Secondary Marketplace / Explore Private Companies / Pendo IPO
Pendo

Pendo IPO

$2.63B
Series F Valuation, Jul 2021
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Company details

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.

pendo.io
Sector
Enterprise Software
Subsector
Software Development
Founded
2013
Headquarters
Raleigh, NC, United States
Forge Price 1
Price not yet available
Post-Money Valuation 3
$2.63B
Total Funding
$365.5MM
LFR Price per Share
$xx.xx
Last Funding Share Class
Series F

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 2025.

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.
Pendo major investors
B Capital Group
Battery Ventures
Bonfire Ventures
Meritech Capital Partners
Sapphire Ventures
Spark Capital

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
Access Stock Price
Private companies exploring an IPO
Last Funding Round
Company Forge Price Forge Price Change 5 Last Closed Trade Share Class Post-Money Valuation Price per Share Amount Raised
OpenAIOpenAI$469.47-0.01%$xx.xxFunding Round------
AndurilAnduril$40.88-3.86%$xx.xxSeries G$30.5B$xx.xx$2.5B
CerebrasCerebras$31.35-0.16%$xx.xxSeries F-1$2.87B$xx.xx$420MM
FigmaFigma$38.00+0.03%$xx.xxSeries E$10B$xx.xx$200MM
KrakenKraken$31.63+11.77%$xx.xxSeries B$5.52B$xx.xx$52.5MM
NetskopeNetskope$14.50+8.45%$xx.xxSeries H$7.5B$xx.xx$300MM
SheinShein----$xx.xx--------
KlarnaKlarna$37.31+21.02%$xx.xxUnknown------
DiscordDiscord$239.72+6.61%$xx.xxSeries I$15B$xx.xx$500MM
HeartFlowHeartFlow----$xx.xxSeries E$1.65B$xx.xx$305MM
See Tech IPO Calendar

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Updated on: Jul 9, 2025

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