Penny Software
PrivateLast Round
VC Round
Apr 15, 2024
Total Funding Raised
$6.35M
Company Overview
Penny Software operates in Enterprise Software and is based in Riyadh. Its latest recorded funding round was a VC Round in April 2024.
Penny Software is a procurement software company that provides a cloud-based source-to-pay system to digitize and manage the full procurement cycle from request to payment.
Sector
Enterprise Software
Verticals
Supply Chain, Workflow Automation, Enterprise Resource Planning, Accounting & Expense
Business Model
B2B
Customer Profile
Subscription SaaS, Services & Consulting
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Penny Software Comparables
Compare Penny Software with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Procural | 84% | |
| Pivot | 77% | |
| PLANERGY | 77% |
For institutional investors. Book with your work email.
Penny Software Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| VC Round | Apr 15, 2024 | ||||
| Seed | Jan 16, 2022 | ||||
| Seed | Sep 21, 2020 |
For institutional investors. Book with your work email.
Key People
Founding team and executive leadership
For institutional investors. Book with your work email.
Penny Software Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Class 5 Global | Seed, VC Round |
| Shorooq Partners | Seed, VC Round |
| Wamda Capital | Seed |
| Plug and Play Tech Center | Seed |
| GSI Ventures | VC Round |
| Salica Investments | Seed, VC Round |
| Knollwood Investment Advisory | VC Round |
For institutional investors. Book with your work email.
Market signals
Structured signals derived from secondary market and firmographic data.
- Feb 17, 2026
Opened a new office in Derby, United Kingdom for global expansion.
- Nov 1, 2025
Added Bazaar Technologies Pvt Ltd., an e-commerce/fintech company.
For institutional investors. Book with your work email.
Recent news
Latest coverage and updates
- integrates_withAug 31, 2026
The Local Content Tracker from Penny integrates with SAP SE's SAP Ariba and SAP S/4HANA, pulls spend data directly, and is available on SAP Store to provide Saudi Arabian organizations with continuous, audit-ready local-content visibility on Aug 18th '26.
For institutional investors. Book with your work email.
Penny Software Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Book a demoFor institutional investors. Book with your work email.
Frequently Asked Questions
Common questions about Penny Software's valuation, stock price, and market status.
Is Penny Software a public or private company?
Penny Software is a private company.
What is the current stock price of Penny Software?
Penny Software is a private company, so its shares have no public market price. Caplight tracks Penny Software's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Penny Software worth (valuation)?
Valuation information for Penny Software is not publicly available.
Can I buy Penny Software stock?
Penny Software shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Penny Software's last funding round?
Penny Software's most recent funding round was VC Round on April 15, 2024.
Who are the main investors in Penny Software?
Key investors in Penny Software include Outliers Venture Capital, Iliad Partners.
Will Penny Software IPO soon?
No public IPO plans have been announced for Penny Software.
How can I track Penny Software secondary market activity?
Caplight tracks bids, offers, and trades in Penny Software's shares on secondary markets.