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.

How many employees does Pendo have?

As of May 31, 2026, the latest employee count at Pendo is 996.

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. Its primary sector is Customer Success Management. In United States, the Customer Success Management sector has seen $576M in funding in 2026 to date.

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 5th amongst 795 active competitors, of which 154 are funded. It stands 4th 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, User Testing and Genesys. Among them, Genesys secured the most recent funding round in July, 2025.

Pendo - 2026 Company Profile, Team, Funding & Competitors

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

5^th among 795 active competitors

Employee Count

996 as on May 31, 2026

Investment & Acquisitions

Chisel & 6 more

Similar Companies

User Testing & 204 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 is Eric Boduch.

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

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.

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 3m
Neeraj Agrawal	Independent board member	-	Current	9y 6m
Brett Queener	Independent board member	-	Current	7y 9m
Greg Schott	Independent board member	-	Current	4y 11m
Todd Olson	Independent board member	-	Current	12y 5m
Megan Quinn	Independent board member	-	Current	9y 6m
Rob Ward	Independent board member	-	Current	7y 9m
William Dunbar	Independent board member	-	Current	10y 8m
Eric Boduch	Independent board member	-	Current	10y 8m
Erik Troan	Independent board member	-	Current	10y 8m
Rajeev Dham	Independent board member	-	Current	6y 8m
Will Dunbar	Independent board member	-	Current	11y 3m
Dana Evan	Independent board member	-	Current	1y 10m

View details of Pendo's Founder profiles and Board Members

Pendo's employee count trend

Pendo has 996 employees as of May 26. Here is Pendo's employee count trend over the years:

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Top competitors of Pendo include Zendesk, User Testing and Genesys. 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	84/100
2nd	User Testing 2007, San Francisco (United States), Acquired	Provider of platform for gathering and analyzing user experience feedback	$148M	Accel, Insight Partners & 15 others	81/100
3rd	Genesys 1990, Menlo Park (United States), Acquired	Provider of cloud-based platform for customer experience and workforce engagement	$2.98B	Hellman & Friedman, ServiceNow & 18 others	79/100
4th	Amplitude 2012, San Francisco (United States), Public	Provider of an AI analytics platform for product and marketing insights	$336M	Y Combinator, Sequoia Capital & 36 others	78/100
5th	Pendo 2013, Raleigh (United States), Series F	Provider of a platform for product experience and analytics management	$468M	Meritech, Silver Lake & 19 others	78/100
6th	Exotel 2011, Bengaluru (India), Series D	Provider of cloud-based communication platform offering AI-powered customer engagement solutions	$97.7M	A91 Partners, Steadview & 64 others	77/100
7th	Qualtrics 2002, Provo (United States), Acquired	Provider of experience management software facilitating customer, employee, and market research	$400M	Accel, Insight Partners & 9 others	77/100
8th	Contentsquare 2012, Paris (France), Series F	Provider of digital experience analytics software for monitoring user behavior	$1.21B	Highland Europe, SoftBank Vision Fund & 22 others	75/100
9th	Sprinklr 2009, New York City (United States), Public	Cloud based customer experience management software	$578M	Battery Ventures, Intel Education Accelerator ... & 23 others	72/100
10th	Statsig 2021, Kirkland (United States), Acquired	Cloud based AB testing and feature management platform	$153M	Sequoia Capital, Iconiq Capital & 11 others	71/100

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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)