Pennylane SAS, founded in 2020 and headquartered in France, builds a financial operating system for European small and medium-sized enterprises. The platform combines production software for accountants with a financial management tool for their clients, creating a single source of truth for financial and accounting data. The company serves approximately 700,000 SME customers and 5,000 accounting firm customers across Europe.
The team has grown to over 900 employees representing more than 25 nationalities. Around 30% of the workforce operates from locations across Europe, reflecting a remote-friendly approach. Pennylane describes itself as product-led in its culture and operating philosophy.
The company has raised €225 million in funding to date. It operates primarily in France with a broader European presence, positioning itself within the SME and accounting technology sectors.
