Pennant Technologies: Funding, Investors & Team (Sep 2026)
They at Pennant, deliver right-fit, next generation business driven, enterprise level software products and services focused on the BFSI sector across the world. At Pennant, they are fully aware of their customers business imperatives to leverage IT investment and to effectively utilise IT as capability builder. Years of experience acquired in the banking industry enabled the Pennant leadership to better understand the intricacies of business expectations. Pennant’s innovative software products are tailored to meet specialised needs in the Banking and Financial sector. With extensive experience across the Middle East, Pennant has a range of products that allow banks to make a direct impression on their clients, including specialised products for Islamic banking.
Pennant Technologies has raised $32.1M across 1 funding round on record, the most recent an undisclosed round of $32.1M announced in Oct 2023.
That round is above the $3.5M median round size for Software companies tracked on FundedIQ over the last two years.
Pennant Technologies Company Profile and Key Stats
Latest funding round on record: Oct 2023.
Pennant Technologies Funding Rounds
Pennant Technologies Founders and Leadership Team
Contact details for the Pennant Technologies team: 1 of 1 has an email address on file.
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Pennant Technologies' latest round of $32.1M is above the median round in Software. Medians cover the last 24 months of disclosed rounds.
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Pennant Technologies Funding FAQs
What does Pennant Technologies do?
They at Pennant, deliver right-fit, next generation business driven, enterprise level software products and services focused on the BFSI sector across the world. At Pennant, they are fully aware of their customers business imperatives to leverage IT investment and to effectively utilise IT as capability builder. Years of experience acquired in the banking industry enabled the Pennant leadership to better understand the intricacies of business expectations. Pennant’s innovative software products are tailored to meet specialised needs in the Banking and Financial sector. With extensive experience across the Middle East, Pennant has a range of products that allow banks to make a direct impression on their clients, including specialised products for Islamic banking.
How much funding has Pennant Technologies raised?
Pennant Technologies has raised $32.1M across 1 round on record. The most recent is an undisclosed round of $32.1M announced in Oct 2023.
When did Pennant Technologies last raise funding?
Pennant Technologies' most recent funding round on record is an undisclosed round of $32.1M, announced in Oct 2023.
Who founded Pennant Technologies?
FundedIQ lists Rama Raju (Founder) at Pennant Technologies.
Where is Pennant Technologies headquartered?
Pennant Technologies is based in Hyderabad, Andhra Pradesh, India.
How many employees does Pennant Technologies have?
Pennant Technologies is in the 251-500 employee band.
How does Pennant Technologies' funding compare to other Software startups?
Pennant Technologies' latest round of $32.1M is above the $3.5M median round size for Software companies on FundedIQ across 950 tracked companies over the last two years.
About FundedIQ's Pennant Technologies Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Pennant Technologies is left off this page rather than filled in.
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