Passendo - About the company
Passendo is a seed company based in Copenhagen (Denmark), founded in 2016 by Andreas Jurgensen and Jakob lund Johansen. It operates as a Cloud-based E-mail advertising platform & ad server. Passendo has raised $3.27M in funding from Newion, with a current valuation of $*****. The company has 339 active competitors, including 6 funded and 9 that have exited. Its top competitors include companies like LiveIntent, Letterhead and Escala.
Company Details
Cloud-based E-mail advertising platform & ad server. The proprietary cross-device ad serving technology optimizes the ad campaigns based on eCPM, CTR, and conversion pixel. Offers real-time frequency capping, CRM retargeting, and real-time optimization. PArtnered with Adform, Telenor, Omnicom, Mail up, and others.
- Website
- passendo.com
- Email ID
- *****@passendo.com
- Phone Number
- +45 **********
Key Metrics
Founded Year
2016
Location
Copenhagen, Denmark
Stage
Seed
Total Funding
$3.27M in 3 rounds
Latest Funding Round
Ranked
3rd among 339 active competitors
Employee Count
21 as on Aug 31, 2026
Similar Companies
Legal entities associated with Passendo
Passendo is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Passendo ApS CIN: 31626919 , Denmark, Active | - | 6 (As on Mar 31, 2024) |
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Passendo's funding and investors
Passendo has raised a total funding of $3.27M over 3 rounds. Its first funding round was on Nov 13, 2017. Its latest funding round was a Seed round on Oct 20, 2021 for $*****. 2 investors participated in its latest round. Passendo has 4 institutional investors.
Here is the list of recent funding rounds of Passendo:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 20, 2021 | 7485150 | Seed | 5832613 | 8002250 | 8552410 | 6848754 |
Jul 04, 2019 | 5800312 | Seed | 7322568 | 7222606 | 4816549 | 5615361 |
Nov 13, 2017 | 8476194 | Seed | 3098406 | 2014913 | 9585787 | 8857838 |
View details of Passendo's funding rounds and investors
Passendo's founders and board of directors
Founder? Claim ProfileThe founders of Passendo are Andreas Jurgensen and Jakob lund Johansen.
Here are the details of Passendo's key team members:
- Andreas Jurgensen: Co-Founder of Passendo. They serve on the board of 1 company.Contact Info: 1 email address
- Jakob lund Johansen: Co-Founder of Passendo.
Passendo's Board of Directors
Passendo's board has 3 active members. Andreas Jurgensen and Anders Rantzau Rasmussen are part of team and Christian Damsgaard Tost is independent board member.Here is the list of Passendo's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 6m | |
Team | - | Current | 16y 4m | |
Independent board member | - | Current | 5y 11m | |
oghyrui | Independent board member | - | Past | 2y 5m |
View details of Passendo's Founder profiles and Board Members
Passendo's employee count trend
Passendo has 21 employees as of Aug 26. Here is Passendo's employee count trend over the years:
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Passendo's Competitors and alternates
Top competitors of Passendo include LiveIntent, Letterhead and Escala. Here is the list of Top 10 competitors of Passendo, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | LiveIntent 2009, New York City (United States), Acquired | Real time email advertising and marketing platform | $64.8M | 59/100 | |
2nd | Letterhead 2020, Claymont (United States), Series A | Self-service newsletter advertising platform | $39.3M | 54/100 | |
3rd | Cloud-based E-mail advertising platform & ad server | $3.27M | 52/100 | ||
4th | Escala 2019, Miami (United States), Series A | Provider of customer relationship management software with integrated marketing tools | $12M | 39/100 | |
5th | Paved 2018, New York City (United States), Acquired | Cloud-based ad network solutions provider | - | - | 34/100 |
6th | ColourSend 2024, Carlisle (United Kingdom), Unfunded | Email marketing platform offering email marketing newsletters for customers and clients | - | - | 33/100 |
7th | AWeber 1998, Chalfont (United States), Unfunded | Email marketing and automation platform empowering small businesses to grow | - | - | 32/100 |
8th | rasa.io 2015, New Orleans (United States), Funding Raised | Cloud based platform offering software for creating email newsletters | - | 32/100 | |
9th | Platform offering content management and inventory tracking software | $638K | 29/100 | ||
10th | KlickTipp 2009, London (United Kingdom), Unfunded | Platform offering software to create email newsletters | - | - | 29/100 |
Looking for more details on Passendo's competitors? Click here to see the top ones
Passendo's Investments and acquisitions
Passendo has made no investments or acquisitions yet.
Reports related to Passendo
Here is the latest report on Passendo's sector:
News related to Passendo
Media has covered Passendo for a total of 3 events in the last 1 year, 2 of them have been about partnerships and 1 about company updates.
•
LineUp Integrates with Passendo for Email Newsletter Ad Booking and Performance TrackingDestinationcrm•Sep 02, 2026•Passendo, Chartbeat
•
ACM partners with email ad server Passendo to upgrade newsletter advertising technologyAdNews•May 20, 2026•Com.au, Passendo
•
Boostr and Passendo Announce Strategic Partnership to Unify Ad Management for Email InventoryMarTech Series•Jan 13, 2026•Boostr, Passendo
•
Passendo Partners With Audienzz, to Revolutionise Its Ad Offer in a Portfolio of Over 70 Premium NewslettersAiThority•Jul 05, 2022•Passendo, audienzz
•
Passendo signs new strategic partnerships as it continues growth trajectory, entering the Italian and German marketsICrowdNewswire•Jun 28, 2022•Passendo
•
Passendo appoints Harry Charalambous as Head of Demand & International GrowthICrowdNewswire•Jun 09, 2022•Passendo, Trinity Mirror Powered
•
B2B specialist PR agency The Digital Voice announces four key account wins as it celebrates its tenth birthdayICrowdNewswire•May 31, 2022•Exitbee, Multilocal, Passendo, Tailify and 1 other
•
Email AdTech Company Passendo Raise €2.3m to Boost Media Publishers’ Ad RevenuesMarTech Series•Dec 14, 2021•Passendo, First Party Capital
•
With a focus on email marketing ad revenues, Copenhagen’s Passendo raises €2.3 millionTech.eu•Dec 13, 2021•Passendo, IPM Media, Newion, First Party Capital
•
Passendo Expands North American Presence With JTG Ventures PartnershipMarTech Series•Jun 01, 2021•Passendo, JTG Ventures
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