The AI-powered virtual assistant helping direct sales consultants easily build successful businesses through repeatable, scaleable, customer-centric sales processes. Penny increases customer engagement without the guesswork.
Location: Canada, British Columbia, Vancouver
Employees: 51-200
Total raised: $27M
Founded date: 2017
Investors 4
| Date | Name | Website |
| - | Rubicon Ve... | rubicon.vc... |
| - | ScaleUP Ve... | suv.vc |
| - | The Batche... | batchery.c... |
| - | E-Fund | e-fund.ca |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 02.06.2022 | Series B | $27M | - |
Mentions in press and media 6
| Date | Title | Description |
| 02.06.2022 | Penny AI raises $33.9 million CAD Series B to expand direct sales solution | - |
| 01.06.2022 | Penny AI Raises $27 Million Series B to Accelerate the Transformation of Social Commerce Enablement Platforms | Penny AI, a global leader in data-driven social commerce enablement, announced a $27 million investment led by PSG, a growth equity firm partnering with software and technology-enabled services companies to help accelerate their growth, wit... |
| 01.06.2022 | Penny AI Raises $27 Million Series B to Accelerate the Transformation of Social Commerce Enablement Platforms | Penny AI Raises $27 Million Series B to Accelerate the Transformation of Social Commerce Enablement Platforms |
| 01.06.2022 | Penny AI Raises $27M in Series B Funding | Penny AI, a Vancouver, British Columbia-based global leader in data-driven social commerce enablement, raised $27m in Series B funding. The round was led by PSG, with participation from Acronym Venture Capital and ScaleUP Ventures. Led by D... |
| 01.06.2022 | Penny AI raises $27M Series B | Penny AI co-founders David Abbey (left) and Chris Noble Penny AI, a Squamish-born, Vancouver-based software company developing tools for salespeople, announced a USD $27 million (CAD $33.9 million) Series B round of funding. The investment ... |
| 23.05.2016 | Penny raises $1.2M in seed funding for its personal finance bot | Penny, a personal finance bot we reviewed last fall, has raised $1.2 million in seed funding from Social Capital. As a refresher, the app offers a chat-based interface that offers advice tailored to your personal finances. This advice inclu... |