How Much Did Pendulum Raise?
Funding & Key Investors

Pendulum has secured $358K in total capital, with its most recent financing round bringing in $208K in a major strategic investment on March 13, 2021. This significant backing underscores the company's established position in the healthcare risk management sector.

What is Pendulum?

Pendulum
Business ServicesProject Management

Pendulum Risk & Claims operates as an independent provider of specialized healthcare risk management and claims services. With over 25 years of industry experience, the company focuses on assisting senior healthcare providers and carriers by offering customized risk consulting, comprehensive assessments, and tailored claims support. Their expertise extends to clinical liability risk control solutions and claims administration specifically for senior care operations, ensuring adherence to stringent state and federal regulations. Headquartered in Albuquerque, New Mexico, Pendulum extends its services nationwide.

How much funding has Pendulum raised?

Pendulum has raised a total of $358K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$208K

Debt (2020): $150K with participation from PPP

Debt (2021): $208K led by PPP

What's next for Pendulum?

The company's recent strategic investment, coupled with its substantial total funding of $358K, indicates a strong trajectory for growth and expansion. This capital infusion is likely to fuel further development of their risk management and claims services, potentially enabling Pendulum to enhance its technological capabilities, broaden its client base among senior healthcare providers and carriers, and solidify its market leadership. The focus on strategic investment suggests a move towards scaling operations and deepening its specialized offerings in a complex regulatory environment.

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Frequently Asked Questions Regarding Pendulum Financial Insights

What are the most recent funding rounds that Pendulum has completed, and what were the funding rounds?
Pendulum has recently completed 2 funding rounds: Debt on Mar 13, 2021, Debt on Apr 29, 2020.
What is the total amount of funding Pendulum has raised to date?
Pendulum has raised a total of $358K in funding to date.
How many funding rounds has Pendulum completed?
Pendulum has completed 2 funding rounds.
How much funding did Pendulum raise in its most recent funding round?
Pendulum raised $208K in its most recent funding round.
Who are the lead investors in Pendulum's latest funding round?
The lead investor in Pendulum's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Pendulum's history?
The largest funding round in Pendulum's history was $208K.
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