Penta: Funding, Investors & Team (Sep 2026)
Penta is a digital business bank platform designed to help startups and SMEs save time and money on banking. It automates bank accounts and invoices, offers online cashless banking services, and helps to open an online banking account in minutes, enabling consumers to manage their cashflows easily. Penta's mission is to disrupt business banking in Europe and worldwide. It was founded in 2016 and is headquartered in Berlin, Germany.
Penta has raised $26.7M across 2 funding rounds on record, the most recent a Series B of $17.6M announced in Aug 2021.
That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Penta Company Profile and Key Stats
Latest funding round on record: Aug 2021.
Penta Funding Rounds
Penta raised $9.1M in a Series B announced in Feb 2021.
6 months later, a Series B of $17.6M was announced in Aug 2021.
Penta Founders and Leadership Team
Contact details for the Penta team: 2 of 2 have an email address on file.
Start 14-day free trial →Penta Funding Compared to Other Financial Services Startups
Penta's latest round of $17.6M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Penta Funding FAQs
What does Penta do?
Penta is a digital business bank platform designed to help startups and SMEs save time and money on banking. It automates bank accounts and invoices, offers online cashless banking services, and helps to open an online banking account in minutes, enabling consumers to manage their cashflows easily. Penta's mission is to disrupt business banking in Europe and worldwide. It was founded in 2016 and is headquartered in Berlin, Germany.
How much funding has Penta raised?
Penta has raised $26.7M across 2 rounds on record. The most recent is a Series B of $17.6M announced in Aug 2021.
When did Penta last raise funding?
Penta's most recent funding round on record is a Series B of $17.6M, announced in Aug 2021.
Who is the CEO of Penta?
Marko Wenthin is listed as CEO at Penta.
Where is Penta headquartered?
Penta is based in Berlin, Germany.
How many employees does Penta have?
Penta is in the 101-250 employee band.
How does Penta's funding compare to other Financial Services startups?
Penta's latest round of $17.6M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's Penta 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 Penta is left off this page rather than filled in.
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