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 is a private company and not publicly traded.
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.
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 through mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.
Pendo is privately held company and is not publicly traded, therefor investing in Pendo pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to invest in private companies before their potential IPO. If you are not an accredited investor, discover how to begin the the process to potentially qualify for new investment opportunities.
To determine the value of your Pendo shares, create a free account to gain access to Forge’s platform. Forge Markets contains pricing information for hundreds of pre-IPO companies. 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.
Yes, you can seek to sell 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.
Date | Funding Round | Funding Raised | Price per Share | Last Known Valuation |
---|---|---|---|---|
7/27/2021 | Series F |
$150MM raised | $XXX.XX | $XXX.XX |
10/17/2019 | Series E |
$100MM raised | $XXX.XX | $XXX.XX |
9/12/2018 | Series D |
$50MM raised | $XXX.XX | $XXX.XX |
7/13/2017 | Series C |
$31.5MM raised | $XXX.XX | $XXX.XX |
12/12/2016 | Series B |
$20MM raised | $XXX.XX | $XXX.XX |
10/1/2015 | Series A |
$14MM raised | $XXX.XX | $XXX.XX |