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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.
Social
XFacebook
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
Investors
Ranked
Employee Count
21 as on Aug 31, 2026
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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
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Passendo's founders and board of directors

Founder? Claim Profile
The founders of Passendo are Andreas Jurgensen and Jakob lund Johansen.
Here are the details of Passendo's key team members:

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

Passendo's employee count trend

Passendo has 21 employees as of Aug 26. Here is Passendo's employee count trend over the years:
Employee count trend for Passendo
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for LiveIntent
LiveIntent
2009, New York City (United States), Acquired
Real time email advertising and marketing platform
$64.8M
59/100
2nd
Logo for Letterhead
Letterhead
2020, Claymont (United States), Series A
Self-service newsletter advertising platform
$39.3M
54/100
3rd
Logo for Passendo
Passendo
2016, Copenhagen (Denmark), Seed
Cloud-based E-mail advertising platform & ad server
$3.27M
52/100
4th
Logo for Escala
Escala
2019, Miami (United States), Series A
Provider of customer relationship management software with integrated marketing tools
$12M
39/100
5th
Logo for Paved
Paved
2018, New York City (United States), Acquired
Cloud-based ad network solutions provider
-
-
34/100
6th
Logo for ColourSend
ColourSend
2024, Carlisle (United Kingdom), Unfunded
Email marketing platform offering email marketing newsletters for customers and clients
-
-
33/100
7th
Logo for AWeber
AWeber
1998, Chalfont (United States), Unfunded
Email marketing and automation platform empowering small businesses to grow
-
-
32/100
8th
Logo for rasa.io
rasa.io
2015, New Orleans (United States), Funding Raised
Cloud based platform offering software for creating email newsletters
-
32/100
9th
Logo for Flaunter
Flaunter
2015, Darlinghurst (Australia), Seed
Platform offering content management and inventory tracking software
$638K
29/100
10th
Logo for KlickTipp
KlickTipp
2009, London (United Kingdom), Unfunded
Platform offering software to create email newsletters
-
-
29/100
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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.
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