Pendo


Initial Investment:January 2014
Lead Partner:Lister Delgado
Co-Investors:Battery Ventures, Contour Venture Partners, Core Capital, SalesForce Ventures

Pendo is bringing the data, insight and tools to product teams that will enable them to make the decisions that until now they were unable to make. The company’s platform combines tools for in-app feature engagement with product usage analytics to help product organizations deliver features that customers want and use. With minimal configuration, enterprises can better understand the value of their products, prioritize engineering resources, increase customer engagement and reduce churn.

 

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Pendo in the news


Pendo Acquires Insert to Add Mobile Apps to its User Analytics and Engagement Platform

Pendo helps businesses understand and assist their customers with tools like analytics, polls and walkthroughs. Until now, however, CEO Todd Olson said the company has been focused on the web (both desktop and mobile), with just a single mobile developer on the team. “We as a team constantly had a lot of internal debates about how …

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Downtown Raleigh Software Company Plans to Add 50+ Employees After Raising $25 Million

Pendo, an up-and-coming software startup that raised $20 million in venture capital funding in December, plans to expand its staff by roughly 50 percent after raising an additional $25 million from investors. Co-founder and CEO Todd Pendo said that the company, which is headquartered in downtown Raleigh and has 106 workers, expects to add more …

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Raleigh’s Pendo: A Best Late Stage Tech Company In the Universe

According to the investor fueling Pendo’s $25 million Series C, announced today, the four-year-old product management software startup from Raleigh is “one of the best late stage tech companies in the universe.” From its website, Meritech Capital Partners of Palo Alto is pretty clear about its ambitions. It’s not looking for seed deals or raising billion plus dollar funds. The …

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PENDO SECURES $25M SERIES C FUNDING LED BY MERITECH CAPITAL PARTNERS

RALEIGH, NC – (Marketwire – July 13, 2017) – Pendo today announced it has raised $25 million in Series C financing led by Meritech Capital Partners. The round includes additional participation from existing investors Battery Ventures, Contour Venture Partners, Core Capital Partners, IDEAFund Partners, Salesforce Ventures and Spark Capital. In addition, Meritech Capital Partners’ General …

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Pendo Closes $25M Series C from Meritech to Scale its Customer Understanding Platform

Just seven months after announcing a $20 million Series B, Pendo, a platform to help businesses better understand their customers, has closed a new $25 million Series C led by Meritech Capital Partners. The North Carolina-based startup has been growing at a rapid clip — ballooning to 106 employees across offices in San Francisco, New York and …

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