Pendo Stock
Product Experience Platform
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About Pendo Stock
Pendo is a product experience platform that helps software product teams deliver software users love. By combining product analytics with qualitative feedback, Pendo closes the loop with users, learning from product usage patterns and user sentiment so product teams can make more informed decisions. With Pendo, you can answer questions like which features are customers using? Which features are they ignoring? Which ones are driving delight and which are causing pain and confusion? With this, you can target and prioritize features and enhancements, identify which customers are at risk for churn, and which ones are ready to advocate. From these same insights, you can easily set up in-app messages, guides and walkthroughs without any coding to help users get the most value from your products. By quickly identifying the specific features and workflows that cause users pleasure and pain, you can use the Pendo platform to guide users through the rough spots and drive them to adopt the features that create raving fans. In effect, Pendo creates a continuous dialogue between product leader and product user that causes each to better the other. It’s this understanding that’s essential for building products users love.
Investors
Battery Ventures
AppDynamics, Scopely, Dollar Shave Club, ServiceTitan, Dataiku, Cohesity, Niantic, GrubMarket, Gong.io, 6sense
Contour Venture Partners
Pendo, Degreed, SmartAsset, Wunderkind, ShopKeep, Movable Ink
Cross Creek Advisors
AppDynamics, Scopely, DocuSign, MX Technologies, DataStax, Coupang, Pendo, Rover, Icertis, ForeScout Technologies
FirstMark Capital
Pinterest, Discord, Upgrade, Cockroach Labs, Aura Financial Corporation, Pendo, InVision, DraftKings, Hyperscience, Shopify
General Atlantic
AppDynamics, Toutiao, Chime, Wish, Avant, Articulate, Bolt Financial, Automation Anywhere, Coalition, Blend
Geodesic Capital
Snyk, Netskope, DataRobot, Marqeta, MX Technologies, Workato, Pendo, InVision, Vercel, JFrog
Meritech Capital Partners
UiPath, DataRobot, FTX Exchange, Cloudera, Alto Pharmacy, Box, Domo, Outreach, Lime, MuleSoft
Sapphire Ventures
One97, Netskope, DataRobot, DocuSign, Attentive, ThoughtSpot, Square, project44, Exabeam, Box
Tiger Global Management
Flipkart, Delhivery, Ather Energy, Databricks, Grab, Chime, Ola, Quikr, Palantir Technologies, CoinSwitch Kuber
Funding History
| October 2015 | $14.0M |
|---|---|
| December 2016 | $20.0M |
| July 2017 | $31.5M |
| September 2018 | $50.0M |
| October 2019 | $100M |
| July 2021 | $150M |
Management
Co-Founder & Chief Executive Officer
Todd Olson
Co-Founder & Chief Evangelist
Eric Boduch
Chief Financial Officer
Jennifer Kaelin
Chief Technology Officer
Erik Troan
Chief Product Officer
Brian Crofts
Chief Marketing Officer
Joe Chernov
Press
bizjournals - Nov, 10 2023
2023 Fast 50 Awards: No. 3 – Pendoprnewswire - Oct, 21 2023
Pendo Introduces Session Replay, a Fully-Integrated Video Playback Solution that Expands the Power of the Pendo Platformprnewswire - Oct, 20 2023
Pendo Draws Record Attendance for Seventh Annual Pendomonium Festival; Announces Pendo One, its Unified Application Experience Platformnewsobserver - Sep, 11 2023
‘Like magic.’ More Raleigh firms embrace ChatGPT breakthroughs to boost AI offeringswraltechwire - Sep, 11 2023
Pendo joins AI frenzy, unveiling product suite targeting software improvementsenterprisetimes - Sep, 11 2023
Pendo unveils Pendo AI to support better digital experiencesbizjournals - Jun, 28 2023
Pendo co-founder raises millions to fuel new startupnews - Jun, 27 2023
From AI To SVB And Everything In Between — A Quick Look Back At The First Half Of 2023bizjournals - Jun, 14 2023
Pendo layoffs hit Raleigh workers as it cuts 12% of workforcebizjournals - Jun, 13 2023
Pendo layoffs hit Raleigh workers, 12% of workforcewraltechwire - Apr, 22 2023
Raleigh-Durham Startup Week ends on a high note at Pendonews - Mar, 27 2023
North Carolina’s Research Triangle Could See A Boost From SVB Dealthefintechtimes - Mar, 16 2023
Pendo: Why Fintechs Need to Take a Product-Led Path to Resiliencestartuparound - Mar, 10 2023
Introducing the Product Analytics Certification Course by Pendo and Mind the Productprnewswire - Feb, 28 2023
Pendo Ends Fiscal Year with Record Growth in Enterprise Customers as the Product-Led Movement Expands Beyond Softwarenews - Feb, 17 2023
The Crunchbase Tech Layoffs Trackerbdaily - Nov, 24 2022
Pendo gears up to drive Europe’s product-led movementwraltechwire - Nov, 20 2022
Pendo’s Todd Olson is NC TECH’s CEO of Year winner; VC Dan Roselli is Beacon winnertechblogwriter - Nov, 12 2022
2170: Pendo – Insights From the State of Product Leadership Reportprnewswire - Sep, 16 2022
Pendo Makes Product Experience Platform Available on Google Cloud Marketplaceprnewswire - Sep, 16 2022
Pendo Draws 1,000 Attendees to Sixth Annual Pendomonium Festival, Unveils New Product Enhancements to Help Companies Drive Efficient Growthwraltechwire - Sep, 13 2022
Pendo lays off 5% of workforce, including a few dozen in Raleighaxios - Sep, 11 2022
Scoop: Pendo lays off 5% of workforcebizjournals - Sep, 11 2022
Tech layoffs hit Pendobizjournals - Sep, 11 2022
Tech layoffs hit Pendo but CEO Todd Olson says company still growingbizjournals - Aug, 26 2022
2022 Best Places to Work Awards: Pendo (Extra large companies)prnewswire - Aug, 24 2022
Pendo Adds Record Number of $100K+ Customers in Second Quarter, Launches Certification Course to Help Companies Embrace Product-Led Strategywraltechwire - Aug, 18 2022
Pendo sets lineup for its ‘Pendomonium’ event – in Raleigh & virtuallyprnewswire - Jun, 25 2022
Pendo Strengthens Presence in Europe to Drive the Product-Led Movementprnewswire - May, 25 2022
Pendo Exceeds Goals for New Adopt Solution in Latest Quarter of Rapid Growthbizjournals - May, 10 2022
SAS, Pendo IPO outlooks could be hushed by slumping marketsspr - May, 6 2022
FinovateSpring 2022 Sneak Peek: Pendozpr - Apr, 22 2022
Pendo: France surpasses UK in product-led digital transformationtrib - Feb, 25 2022
Raleigh software company Pendo nears 1,000 workers worldwide, as new downtown HQ openswraltechwire - Feb, 25 2022
Pendo plans to hire 400 more workers in 2022bizjournals - Feb, 24 2022
First Look: Inside Pendo's hip new Raleigh headquarters (Photos)bizjournals - Feb, 24 2022
Pendo co-founder's next project? A venture studio in Raleigh.wraltechwire - Feb, 24 2022
Craft beer, coffee, pizza: Pendo’s new HQ makes employees want to come to the officeprnewswire - Feb, 24 2022
Pendo Drives Product-Led Movement, Ends Fiscal Year with Rapid Revenue Growth, International Acquisition, and New Raleigh HQwraltechwire - Feb, 17 2022
Pendo releases new product suite, Pendo Adopttechrseries - Feb, 16 2022
Pendo Releases Pendo Adopt to Enable Companies and Their Employees to Thrive in the Digital Workplacewraltechwire - Feb, 15 2022
A ‘sneak peek’ of Pendo’s new headquarterswraltechwire - Feb, 7 2022
Pendo to open new HQ next weekprnewswire - Feb, 2 2022
Pendo Announces Acquisition of Mind the Product, the World's Largest Community of Product Managerswraltechwire - Feb, 2 2022
Pendo buys 3rd company, Mind the Productbizjournals - Feb, 2 2022
TBJ Plus: Sales of superyachts surge; Raleigh has best bread in NC; Pendo buys London firmTechCrunch - Feb, 2 2022
Pendo acquires Mind the Product to boost global product manager communitypehub - Feb, 2 2022
Thoma Bravo-backed Pendo buys Mind the Productbizjournals - Jan, 6 2022
Pendo CEO: Raleigh companies need to step up, or risk losing talent to big techwraltechwire - Jan, 5 2022
Pendo CEO warns: ‘Aren’t enough people to do things we have to do to keep economy moving’prnewswire - Dec, 24 2021
Pendo Appoints Strategic Board Leader Dana Evan to its Board of Directorswraltechwire - Dec, 22 2021
Pendo names former Verisign CFO to its boardaithority - Dec, 4 2021
Pendo Names New Chief Product Officer, Surpasses 800 Employees In Latest Quarter Of Fast Growthtrib - Nov, 23 2021
Pendo is gearing up to go public. Its new exec helped guide Wilmington’s nCino to an IPOfinance - Nov, 20 2021
Pendo adds IPO experience to C-suitewraltechwire - Nov, 20 2021
Pendo hires nCino exec as chief product officer, adds 143 employeesprnewswire - Nov, 18 2021
Pendo Names New Chief Product Officer, Surpasses 800 Employees in Latest Quarter of Fast Growthbizjournals - Nov, 13 2021
Private equity firm grabs shares of Raleigh's Pendoaltassets - Nov, 13 2021
Thoma Bravo buys into software improvement specialist Pendo at $2.6bn valuationprnewswire - Nov, 12 2021
Pendo Announces $110 Million Secondary Investment Led by Thoma Bravoventurebeat - Nov, 12 2021
Digital adoption platform Pendo gets $110M secondary investmentow - Oct, 28 2021
MarTech Interview with Joe Chernov, CMO at Pendowraltechwire - Oct, 25 2021
Look – up in the sky! It’s Pendo atop company’s future HQ in Raleighwraltechwire - Oct, 17 2021
Pendo brings its ‘Pendomonium’ event back to Raleigh, unveils host of product newswraltechwire - Oct, 7 2021
Tech ‘unicorns’ like Epic, Pendo, AvidXchange, aren’t as rare these days, report saysbizjournals - Sep, 11 2021
2021 Leaders in Diversity Awards: Pendowraltechwire - Sep, 10 2021
Pendo to roll out vaccine requirement for employees who choose to work from company office locationsbizjournals - Aug, 27 2021
2021 Best Places to Work Awards: Pendo (Extra large companies)wraltechwire - Aug, 20 2021
Raleigh unicorn Pendo highlights record quarter, notes continued growthbloom - Jul, 28 2021
Tiger-Backed Startup Pendo Raises Funds at $2.6 Billion Valuewraltechwire - Jul, 28 2021
Fast-growing Raleigh software firm Pendo raises $150M for ‘aggressive global expansion’bizjournals - Jul, 28 2021
With $150M raise, Raleigh's Pendo moves closer to potential IPOsaasindustry - Jul, 28 2021
Pendo raises $150M in Series F from B Capital Group at $2.6B valuation, tops $100M in ARRpendo - Jul, 13 2021
Why digital adoption is a state of mindpendo - Jul, 2 2021
3 pillars of successful digital transformationeipfund - May, 27 2021
Pendo Announces Pendo Free, Giving More Product Teams Access to Foundational Tools for Creating Great Productswraltechwire - May, 20 2021
New execs, record bookings, more products highlight Pendo’s record quarterwraltechwire - May, 14 2021
Raleigh software firm Pendo finds a solution to hiring talent – CEO explainsprn - Apr, 3 2021
Pendo Adds Product Executive, Creates Virtual Summit to Explore the Complexities of the Emerging Digital Workplacewraltechwire - Apr, 2 2021
Pendo adds senior exec focusing on digital workplace, plans ‘Workplace Summit’news - Mar, 30 2021
Zoomin Software Closes $52M Series C After Seeing Customers Doublenewsweek - Mar, 9 2021
Pendo CEO Todd Olson Turns Pandemic into Possibilities, Reinvents Digital Communication in Businesses, Schoolszpr - Jan, 28 2021
SetSail Secures $26 Million Series A to Reinvent How Sales Reps Are Motivated and Rewardedaithority - Dec, 14 2020
Pendo Announces Asia-Pacific Expansionwraltechwire - Dec, 11 2020
Pendo expanding global footprint with new offices in Japan, Australiawraltechwire - Dec, 5 2020
A happy place: Pendo earns No. 5 national ranking for employee attitudewraltechwire - Dec, 1 2020
Inside a unicorn: How Pendo is making a big difference in softwaretechstartups - Nov, 20 2020
Unicorn startup companies 2020: List of top 500 unicorn startups with valuation of $1 Billion+wraltechwire - Nov, 19 2020
Gene editing success could turn Triangle startup Locus Biosciences into a billion dollar unicornhypepotamus - Nov, 12 2020
Pendo is Turning Downtown Raleigh Pink While Rolling in the Greenwraltechwire - Sep, 19 2020
Raleigh tech startup Pendo climbs 41 spots on Forbes 2020 Cloud 100 listdlvr - Sep, 3 2020
Why Product Ops is Key to Product-Led Success—According to Pendo’s Christine Itwaruwraltechwire - Aug, 17 2020
TechWire rewind: RTP expansions; NASA astronaut Q&A; Epic vs Apple & Google – 80 stories in allpendo - Aug, 13 2020
Pendo Climbs to #26 on Inc. 5000, Up From #73 in 2019wraltechwire - Aug, 12 2020
Fast-growing Raleigh software Pendo soars nearly 50 spots to No. 26 on Inc. 5000 listfinance - Jul, 18 2020
Kareem Abdul-Jabbar and Nina Krstic to Headline Pendo's Virtual Product Conferenceoriginventures - Jun, 26 2020
B2B Sales Amid COVID: Building from the Bottom Uptheregister - Jun, 1 2020
GitLab pulls U-turn on plan to crank up usage telemetry after both staff and customers cry foulhypepotamus - Mar, 18 2020
North Carolina Unicorn Pendo Launches Pendo for Startups Product Cloud ServicesPR Newswire - Feb, 20 2020
Pendo Exits Fiscal Year With 550 New Customers, 409 Employees, Two New Products, and Six Global Officesnewswire - Jan, 11 2020
Pendo Systems Announces Adam Schneider, Partner at Oliver Wyman, as Its Latest Board Membernewswire - Dec, 18 2019
Pendo Systems Announces a New Strategic Partnership With FIRM Advisorspulse2 - Oct, 25 2019
Pendo: Product Cloud Company Raises $100 Million Funding At $1 Billion Valuationnewswire - Sep, 17 2019
Pendo Systems to Exhibit in the SIBOS Innovation Zone for the Third Year Runningprnewswire - Aug, 27 2019
Pendo Opens New Sheffield Office, Plans to Triple Operations in UKconnect - Jun, 4 2019
Pendo to Relocate Corporate Headquarters to Downtown Raleigh in 2022prnewswire - Apr, 3 2019
Pendo Wins Decisive Patent VictoryEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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