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Pento - About the company

Pento is an acquired company based in London (United Kingdom), founded in 2016 by Emil Hagbarth Rasmussen and Jonas Bogh Larsen. It operates as a Payroll management solution provider. Pento has raised $54.3M in funding from investors like Seedcamp, General Catalyst and Tiger Global Management, with last known valuation of $*****. The company has 10660 active competitors, including 493 funded and 528 that have exited. Its top competitors include companies like Workday, Gusto and Oracle.

Company Details

Pento provides a payroll management solution provider. It offers payroll for the payments of wages and automated reporting, and premium which provides platform access to employees for managing their profile and payslips. It offers multiple subscription plans depending on the features of the products. It integrates with Xero, bob, nest, bambooHR, SmartPension, Quickbooks, and more.
Social
X
Email ID
*****@pento.io
Phone Number
+44 **********
Registered Address
Højbro Plads 10, 2.
Key Metrics
Founded Year
2016
Location
Stage
Acquired
Total Funding
$54.3M in 5 rounds
Latest Funding Round
Last Known Valuation
$***** as on Sep 10, 2019
Investors
Ranked
Employee Count
12 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Bob (Feb 13, 2024)

Pento's acquisition details

Pento got acquired by Bob on Feb 13, 2024.
Click here to take a look at Pento's acquisition in detail
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Pento's funding and investors

Pento has raised a total funding of $54.3M over 5 rounds. Its first funding round was on Jul 25, 2017. Its latest funding round was a Series B round on Dec 07, 2021 for $*****. 6 investors participated in its latest round. Pento has 12 institutional investors and 8 angel investors.

Here is the list of recent funding rounds of Pento:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 07, 2021
9874861
Series B
7782295
5297018
6997506
4783242
May 19, 2021
1463465
Series A
4069102
5333043
9491840
Sep 03, 2019
4960295
Seed
8049398
7743401
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Pento's founders and board of directors

Founder? Claim Profile
The founders of Pento are Emil Hagbarth Rasmussen and Jonas Bogh Larsen.
Here are the details of Pento's key team members:

Pento's Board of Directors

Pento's board has 1 active member. Christoph Janz is independent board member.
Here is the list of Pento's board of directors:
Name
Type
Representing
Status
Duration
xikhqmt
Team
-
Past
6y 4m
wksolht
Team
-
Past
4y 1m
Independent board member
-
Current
7y 7m

Pento's employee count trend

Pento has 12 employees as of Sep 26. Here is Pento's employee count trend over the years:
Employee count trend for Pento
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Pento's Competitors and alternates

Top competitors of Pento include Workday, Gusto and Oracle. Here is the list of Top 10 competitors of Pento, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Workday
Workday
2005, Pleasanton (United States), Public
Developer of cloud software for human resources finance and operations
$352M
88/100
2nd
Logo for Gusto
Gusto
2012, San Francisco (United States), Series E
Cloud-based payroll, benefits, and HR software for small and medium-sized businesses
$718M
84/100
3rd
Logo for Oracle
Oracle
1977, Austin (United States), Public
Provider of cloud-based enterprise software solutions for applications, platform, and infrastructure management
-
83/100
4th
Logo for SAP
SAP
1972, Walldorf (Germany), Public
Provider of business applications, technology, and cloud enterprise resource planning
-
81/100
5th
Logo for Vyapar
Vyapar
2017, Bengaluru (India), Series B
Developer of software for business accounting and inventory management tasks
$35.9M
81/100
6th
Logo for FreeAgent
FreeAgent
2007, Edinburgh (United Kingdom), Acquired
Cloud-based accounting software for small businesses, freelancers, and accountants
$21.9M
80/100
7th
Logo for The Access Group
The Access Group
1991, Loughborough (United Kingdom), Late Stage
Provider of business management software for diverse commercial industry sectors
$1.49B
80/100
8th
Logo for Infor
Infor
2002, New York City (United States), Acquired
Cloud based ERP software for multi industries
$1.52B
80/100
9th
Logo for Intuit
Intuit
1983, Mountain View (United States), Public
Provider of financial, accounting, tax preparation, and marketing automation software
-
79/100
10th
Logo for Xoxoday
Xoxoday
2012, Bengaluru (India), Acquired
Cloud-based platform providing digitized rewards, incentives, loyalty, and payouts solutions for businesses worldwide
$101M
78/100
278th
Logo for Pento
Pento
2016, London (United Kingdom), Acquired
Payroll management solution provider
$54.3M
46/100
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Pento's Investments and acquisitions

Pento has a total of 1 investment in BitCoke. Pento has not made any acquisitions as of now.

Reports related to Pento

Here is the latest report on Pento's sector:

News related to Pento

•
Hibob’s Acquisition of PentoGlobal Legal Chronicle•Mar 04, 2024•Bob, Goodwin, Pento, Deutsche Bank
•
Pento lands $35M to automate payroll processesLaptopsmagazine•Dec 07, 2021•Pento, Avid Ventures
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