Founded Year

2013

Stage

Secondary Market | Alive

Total Raised

$359.17M

Last Raised

$110M | 9 mos ago

Revenue

$0000 

About Pendo

Pendo is a product cloud that helps digital product teams and application owners deliver software experiences to users. The Pendo Product Cloud surfaces insights from product usage patterns, user sentiment, and user feedback to help product teams understand how people are using their products. Teams then use these insights to improve the product experience with smarter product decisions, in-app messages, guides, and product walkthroughs.

Pendo Headquarter Location

150 Fayetteville St. Suite 1400

Raleigh, North Carolina, 27601,

United States

877-320-8484

ESPs containing Pendo

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Consumer & Retail / Retail Tech

Companies in this market aim to help online shoppers find answers to their questions before they reach out to customer service agents. This includes companies that provide guided tutorials and automate user onboarding and adoption.

Pendo named as Leader among 7 other companies, including WhatFix, Appcues, and Airkit.

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Research containing Pendo

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Pendo in 2 CB Insights research briefs, most recently on Mar 22, 2022.

Expert Collections containing Pendo

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Pendo is included in 4 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,180 items

T

Tech IPO Pipeline

568 items

C

Customer Service Tech

813 items

Companies offering technology-driven solutions for brands and retailers to enable customer service before, during, and after in-store and online shopping.

T

Targeted Marketing Tech

366 items

This Collection includes companies building technology that enables marketing teams to identify, reach, and engage with consumers seamlessly across channels.

Pendo Patents

Pendo has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

12/5/2014

8/7/2018

Sensors, Fluid dynamics, Biotechnology, Bioreactors, Water pollution

Grant

Application Date

12/5/2014

Grant Date

8/7/2018

Title

Related Topics

Sensors, Fluid dynamics, Biotechnology, Bioreactors, Water pollution

Status

Grant

Latest Pendo News

15Five, a pioneer in talent management HR tech, raises $52M to boost its own performance

Jul 21, 2022

15Five — an early mover in the world of building technology to help motivate teams, and to improve performance management for execs overseeing those teams — has raised $52 million in a round of growth funding that it will be using to expand its own performance. Now in use at some 3,400 companies — customers include Credit Karma, Spotify and Pendo, with its sweet spot specifically on businesses with between 100 and 2,500 employees — the startup will double down on what David Hassell, the CEO and founder of 15Five, describes as not just as providing insights, but also outcomes, ushering in a wider move into areas like coaching and education to expand a platform that today is used to help track and set goals for teams and individuals in them. “We’re going to continue to innovate and focus on the things that actually produce the results,” he said. Quad Partners — a specialist investor focusing on in education and “workforce” technology — is leading this round, with Edison Partners, Next47, Origin Ventures, Matrix Partners, Point Nine Capital, and New Ground Ventures also participating. Hassell said the startup was not disclosing valuation. Prior to this it had raised around $42 million, with its last round pre-pandemic, a Series B of $30.7 million in 2019 . The intervening years since that last round have been a big fillip to 15Five and its mission as a company. Specifically, Covid-19 and its impact on how people work, and their productivity, under new circumstances such as working remotely, have put a spotlight on how organizations manage those teams, and how workers are impacted by those new conditions. Tools like 15Five’s found themselves in an interesting position: whereas previously some might have considered tech to help shape and work towards goals as potentially nice to have, in the absence of being able to see and work with teams in person, those tools suddenly tool on an essential role. In the best-scenarios, where the tools themselves are solid and used well, for managers, they gave them important insights into how people were doing; for workers, it helped them identify and give shape to what they were doing and where they were going, and wanted to go in their jobs. “It has been very interesting to see how the whole world has kind of come in our direction and how things have evolved to because when we first started,” Hassell told me. In the beginning, his mission was to solve a problem for, as he put it, “CEOs and managers because HR was more administrative at that time.” Nowadays, HR has become significantly more complex and the legacy tools that HR teams have used have really started to get reassessed, opening the door to companies like 15Five bringing more functionality and scope to their work. “We are now, I think, probably the only HR tech platform that was built atop a powerful manager platform because that’s what we started out building,” he said. There are any number of enterprise software companies in the market today that are addressing the challenges in HR, enterprise training and education, and performance management, but what makes 15Five unique among them is how it is integrating all of these, and how it’s doing it first and foremost from the perspective of performance management, which is a subtle but important distinction as it informs how, say, educational and training tools are built and incorporated, and to what end. It also opens the scope very interestingly into how the tech can evolve. “We’ve invested a lot in the education space and in businesses that help human beings at every age become empowered and ultimately feel fulfilled,” said Connor O’Keefe, principal at Quad Partners, in a statement. “Education and personal growth doesn’t stop when you get your four-year degree. It’s a natural extension for us to help companies facilitate professional development in other organizations by assessing people, training managers, and being able to make rapid improvements in individual and business performance. What was compelling to us, and led to our investing in 15Five, is its cohesive mission and vision. Personal growth is at the crux of everything 15Five does.”

Pendo Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Pendo Rank

  • When was Pendo founded?

    Pendo was founded in 2013.

  • Where is Pendo's headquarters?

    Pendo's headquarters is located at 150 Fayetteville St., Raleigh.

  • What is Pendo's latest funding round?

    Pendo's latest funding round is Secondary Market.

  • How much did Pendo raise?

    Pendo raised a total of $359.17M.

  • Who are the investors of Pendo?

    Investors of Pendo include Thoma Bravo, Contour Venture Partners, Battery Ventures, IDEA Fund Partners, Meritech Capital Partners and 15 more.

  • Who are Pendo's competitors?

    Competitors of Pendo include CommandBar, Appcues, Stonly, NLX, Heap, Coveo, Mixpanel, Amplitude, Algolia, WalkMe and 14 more.

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