Penneo
Content & Collaboration Software · Denmark · 51-200 Employees
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Overview
Headquarters
Enghavevej 40 Sal 4, København V, Capita...Phone Number
+45 71999893Website
www.penneo.comRevenue
$9.3 MillionIndustry
ZI Rank: 1
Signal Type
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ZI Rank
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About Penneo
Penneo is a Software-as-a-Service (SaaS) provider originally established to help companies with digital document signatures. Penneo was founded by six Danish entrepreneurs, who joined forces with a shared ambition to reduce the "hassle of getting documents signed" by replacing pen and paper with a digital alternative. This new digital "pen" (Pen-neo) was launched in 2014. Today, Penneo has evolved into an eco-system of automation solutions that digitize company workflows in connection with onboarding of customers (KYC) and secure and easy signing and management of documents. The company offers a RegTech solution that gives companies an efficient and inexpensive tool for complying with regulatory requirements . Penneo holds a strong position in the Nordic countries. In Denmark alone, more than 550,000 people signed documents electronically with Penneo in 2019.Explore more
Penneo Org Chart
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Penneo is experiencing very low activity levels compared to other companies in the Software sector.
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Penneo Tech Stack
A closer look at the technologies used by Penneo
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Open Position
Open Position
Hiring Plans
Penneo has more open roles in Sales than it has had at any time in the past 6 months. Technologies mentioned include: Salesforce, Google Hangouts, Google Workspace, and Google Meet.
Hiring Plans
Open Position
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Executive Move
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Penneo News & Media
Penneo achieves 18% year-on-year ARR growth, improved EBITDA, and positive cash flow from operations
Company Announcement No. 18-2024 Copenhagen, 20 November 2024 Financial report for the period 1 July 2024 - 30 September 2024 Q3-2024 performance highlights In Q3-2024, the number of new customers increased compared to the same period last year, though individual deal sizes were smaller. A lower cost base highlights improved sales efficiency, and many of these new customers come from growth markets outside Denmark. Additionally, a major new customer was secured in Germany, with theAdjusted ARR and EBITDA outlook for 2024
Company Announcement No. 17-2024 Copenhagen, 19 November 2024 Inside Information Penneo adjusts ARR guidance for 2024 from 105-112M DKK to 101-106M DKK, and EBITDA from positive 5-10M DKK to positive 10-15M DKK. The adjusted ARR guidance corresponds to a year-on-year growth rate of 13%-19% compared to the previously communicated 18%-25%. In company announcement No. 7-2024, Penneo announced ARR guidance of 105-112M DKK for 2024 and EBITDA guidance of positive 5-10M DKK. In company announcement NoChief Commercial Officer & Co-founder steps down to pursue new opportunities
Company Announcement No. 16-2024 Copenhagen, 24 September 2024 André Clement, Chief Commercial Officer (CCO) and co-founder of Penneo, is stepping down from his position to pursue new opportunities in the startup environment. “I would like to sincerely thank André for his significant contributions to Penneo over the years. As one of our co-founders, André has played a key role in shaping Penneo into the mature and well-established company it is today. His insights from thePenneo achieves 21% year-on-year ARR growth in H1-2024 and strong improvement in EBITDA
Company Announcement No. 15-2024 Copenhagen, 28 August 2024 Financial report for the period 1 January 2024 - 30 June 2024 H1-2024 performance highlights Strong new business performance and continued uplift from existing customers due to increased engagement, though negatively impacted by temporary downgrades, churn, and adverse currency fluctuations in H1-2024. Additionally, there was a strong improvement in EBITDA. · ARR increased by 6.2M DKK compared to 8.3M DKK in H1-2023 · ARR increase from
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Penneo is a Software-as-a-Service (SaaS) provider originally established to help companies with digital document signatures. Penneo was founded by six Danish entrepreneurs, who joined forces with a shared ambition to reduce the "hassle of getting documents signed" by replacing pen and paper with a digital alternative. This new digital "pen" (Pen-ne... Read More
