FundedIQ
Financial Services

Penta

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.

www.getpenta.com Berlin, Germany 101-250 employees
Total raised
$26.7M
Latest round: +193% of prior total
Rounds
2
Latest
Series B
Aug 2021

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 rounds. Its most recent round was a Series B of $17.6M in Aug 2021. Full funding history, investors, and team are detailed below.

Funding history

2 rounds · 1 visible Unlock with plan

2 rounds on record — latest round shown, the rest unlock with a paid plan.

Date
Round
Amount
Lead investor
Aug 17, 2021
Series B
$17.6M

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People

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Role
LinkedIn

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