# Pennylane funding rounds and investors

As of 13 Oct 2026, Pennylane has raised $388.2M across 4 verified rounds on record (amounts in other currencies converted to USD); latest: €175m Series E, announced 20 Jan 2026.

Pennylane offers an AI-native operating system for accountants and businesses, enabling streamlined bookkeeping, invoicing, compliance, and financial management.

Website: https://www.pennylane.com/  
Headquarters: France  
Page: https://fireround.dev/companies/pennylane.com

## Verified rounds

| Announced | Round | Amount | Lead investors | Other investors | Sources |
| --- | --- | --- | --- | --- | --- |
| 2026-01-20 | Series E | €175m | not stated | none named | [sifted.eu](https://sifted.eu/articles/pennylane-raises-175m-series-e) |
| 2025-04-06 | Funding round | 75 million euros | Sequoia Capital, Alphabet's CapitalG, Meritech Capital | DST Global Partners | [cnbc.com](https://www.cnbc.com/2025/04/06/pennylane-doubles-valuation-as-alphabet-vc-fund-takes-stake.html) |
| 2024-02-08 | Series C | €40 million | not stated | Sequoia Capital, DST Global Partners | [tech.eu](https://tech.eu/2024/02/08/parisian-fintech-pennylane-raises-eur40m-at-eur1b-valuation) |
| 2022-01-30 | Series B | $57 million (€50 million) | not stated | Sequoia Capital, Global Founders Capital, Partech Partners | [partechpartners.com](https://partechpartners.com/news/pennylane-raises-57-million-50-million-in-series-b-funding-from-existing-investors-sequoia-capital-global-founders-capital-and-partech) |

Source: Fireround (https://fireround.dev), an open-source funding feed. Each round is checked against the pages listed with it.