When was Pendo founded?

Pendo was founded in 2013 and became a unicorn in 2021, reaching the milestone in 8 years. It raised its 1st funding round 1 year after its incorporation.

Where is Pendo located?

Pendo is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina.

Who is the current CEO of Pendo?

Todd Olson of Pendo. They are also angel investors in 2 startups.

How many employees does Pendo have?

As of Mar 31, 2026, the latest employee count at Pendo is 1048.

Is Pendo a funded company?

Pendo is a funded company, having raised a total of $468M across 10 funding rounds to date. The company's 1st funding round was a $900K Seed round, raised on Jan 10, 2014.

How much is Pendo worth?

The latest valuation of Pendo is $2.6B as of Nov 11, 2021.

When was the latest funding round of Pendo?

Pendo's latest funding was a $110M Series F round on Nov 11, 2021, with participation from 1 investor.

Is Pendo a Customer Success Management company?

The primary sectors of Pendo are Customer Success Management and Product Management Tools.

Where does Pendo rank among its competitors?

Pendo ranks 4th amongst 969 active competitors, of which 175 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Genesys, which secured $1.5B in Jul, 2025.

Who are the top competitors of Pendo?

Pendo's top competitors include Zendesk, Genesys and User Testing. Among them, Genesys secured the most recent funding round in July, 2025.

Pendo - 2026 Company Profile, Team, Funding & Competitors

Pendo is a series F company based in Raleigh (United States), founded in 2013 by Todd Olson, Eric Boduch, Erik Troan and Rahul Jain. It operates as a Provider of a platform for product experience and analytics management. Pendo has raised $468M in funding from investors like Sapphire Ventures, Spark Capital and Battery Ventures, with a current valuation of $2.6B. The company has 969 active competitors, including 175 funded and 99 that have exited. Its top competitors include companies like Zendesk, Genesys and User Testing.

Company Details

Provider of a platform for product experience and analytics management. The platform offers tools for product analytics, agent analytics, user guides, session replay, and user feedback. It facilitates data synchronization, integrations, and AI-driven insights. The platform helps teams understand user behavior, predict churn, and orchestrate user experiences. It supports product, revenue, IT, and marketing teams.

Website: www.pendo.io/
Social
Phone Number: +1 **********
Registered Address: Raleigh, North Carolina

Key Metrics

Founded Year

2013

Location

Raleigh, United States

Stage

Series F

Total Funding

$468M in 10 rounds

Latest Funding Round

Series F, Nov 11, 2021, $110M

Post Money Valuation

$2.6B as on Nov 11, 2021

Investors

Sapphire Ventures & 20 more

Ranked

4^th among 969 active competitors

Employee Count

1,048 as on Mar 31, 2026

Investment & Acquisitions

Chisel & 6 more

Similar Companies

User Testing & 212 more

View Pendo's full profile

Pendo is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PENDO.IO, INC. CIN: 463519724 , United States, Active	Aug 22, 2013	-	660 (As on Dec 31, 2024)	-

Pendo has raised a total funding of $468M over 10 rounds. Its first funding round was on Jan 10, 2014. Its latest funding round was a Series F round on Nov 11, 2021 for $110M. 1 investor participated in its latest round. Pendo has 21 institutional investors.

Here is the list of recent funding rounds of Pendo:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 11, 2021	$110M	Series F	$2.6B	-	Thoma Bravo	-
Jul 27, 2021	$150M	Series F	$2.6B	-	B Capital	Battery Ventures, Meritech, Sapphire Ventures, Tiger Global Management, General Atlantic, Geodesic Capital, IDEA Fund Partners, Contour Venture Partners, FirstMark, SLW
Oct 17, 2019	$100M	Series E	$1B	-	Sapphire Ventures	Cross Creek, Geodesic Capital, Meritech, Tiger Global Management, General Atlantic, Battery Ventures, FirstMark

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View details of Pendo's funding rounds and investors

The founders of Pendo are Todd Olson, Eric Boduch, Erik Troan and Rahul Jain. Todd Olson is the CEO of Pendo.

Here are the details of Pendo's key team members:

Todd Olson: CEO / Founder of Pendo. They are also an angel investor in 2 startups and serve on the board of 1 company.
Eric Boduch: Co-Founder of Pendo and founder of 2 other companies, 24 and Up and SMaSh Technologies. They serve on the board of 1 company.
Erik Troan: CTO / Founder of Pendo. They serve on the board of 1 company.
Rahul Jain: GM Product & Corporate Dev/Founder of Pendo.

Pendo's Board of Directors

Pendo's board has 13 active members. David Steinberg, Neeraj Agrawal, Brett Queener, Greg Schott, Todd Olson, Megan Quinn, Rob Ward, William Dunbar, Eric Boduch, Erik Troan, Rajeev Dham, Will Dunbar and Dana Evan are independent board members.

Here is the list of Pendo's board of directors:

Name	Type	Representing	Status	Duration
David Steinberg	Independent board member	-	Current	11y 0m
Neeraj Agrawal	Independent board member	-	Current	9y 3m
Brett Queener	Independent board member	-	Current	7y 6m
Greg Schott	Independent board member	-	Current	4y 7m
Todd Olson	Independent board member	-	Current	12y 2m
Megan Quinn	Independent board member	-	Current	9y 3m
Rob Ward	Independent board member	-	Current	7y 6m
William Dunbar	Independent board member	-	Current	10y 4m
Eric Boduch	Independent board member	-	Current	10y 4m
Erik Troan	Independent board member	-	Current	10y 4m
Rajeev Dham	Independent board member	-	Current	6y 4m
Will Dunbar	Independent board member	-	Current	11y 0m
Dana Evan	Independent board member	-	Current	1y 7m

View details of Pendo's Founder profiles and Board Members

Pendo's employee count trend

Pendo has 1,048 employees as of Mar 26. Here is Pendo's employee count trend over the years:

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Top competitors of Pendo include Zendesk, Genesys and User Testing. Here is the list of Top 10 competitors of Pendo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Zendesk 2007, San Francisco (United States), Acquired	Cloud based customer service and engagement platform for businesses	$89.1M	Redpoint Ventures, Veyo Partners & 21 others	86/100
2nd	Genesys 1990, Menlo Park (United States), Acquired	Provider of cloud-based platform for customer experience and workforce engagement	$2.98B	Hellman & Friedman, Salesforce Ventures & 17 others	79/100
3rd	User Testing 2007, San Francisco (United States), Acquired	Provider of platform for gathering and analyzing user experience feedback	$148M	Insight Partners, Accel & 15 others	79/100
4th	Pendo 2013, Raleigh (United States), Series F	Provider of a platform for product experience and analytics management	$468M	Silver Lake, Cross Creek & 19 others	78/100
5th	Amplitude 2012, San Francisco (United States), Public	Provider of an AI analytics platform for product and marketing insights	$336M	Sequoia Capital, Y Combinator & 36 others	78/100
6th	Qualtrics 2002, Provo (United States), Acquired	Provider of experience management software facilitating customer, employee, and market research	$400M	Insight Partners, Accel & 9 others	76/100
7th	Fullstory 2014, Atlanta (United States), Series D	Provider of behavioral data analytics platform with AI-driven insights and automations	$196M	Kleiner Perkins, Permira & 7 others	72/100
8th	ActiveCampaign 2003, Chicago (United States), Series C	Platform offering sales, CRM and email marketing automation software	$363M	Susquehanna Growth Equity, Tiger Global Management ... & 3 others	71/100
9th	Sprinklr 2009, New York City (United States), Public	Cloud based customer experience management software	$578M	Battery Ventures, Intel Education Accelerator ... & 23 others	69/100
10th	ASAPP 2014, New York City (United States), Series C	Provider of an AI-native platform for contact center customer experience	$400M	March Capital, Dragoneer Investment Group ... & 17 others	69/100

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Pendo has made 1 investments in companies including Klearly. Pendo has also acquired 6 companies including Chisel and Forwrd.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Feb 04, 2026	Acquisition	Chisel	2020	San Francisco (United States)
Jul 08, 2025	Acquisition	Forwrd	2021	Tel Aviv (Israel)
Jul 31, 2024	Acquisition	Zelta	2022	New York City (United States)