Key facts
- It has raised $10.3M; the latest was Later Stage VC in Jul 2025.
- Notable investors include Plug and Play Tech Center, 9Yards Capital, Salica Investments, Shorooq Partners, Wamda Capital — 17 tracked in total.
- Status: Privately Held (backing).
- ·The complete investor list — 17 names
- ·Watchlist + deal alerts for Penny Software
- ·The full record, as it builds
Funding rounds
No funding rounds for Penny Software are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.
About Penny Software
Developer of procurement and spend management software designed to help in the digitization and management of the full procurement cycle from approval request. The company's software offers an action-driven dashboard, budget tracking, timeline, product comparison and customizable reporting, it offers modular and highly customizable procurement products for mid-size enterprises and also offers the product, which is a B2B (Business-to-business) marketplace platform as a service which is used by private or public marketplaces, distributors, GPOs, and procurement as a shared service, enabling an organization to make the procurement process simple.
- Sector
- Information Technology
- HQ
- Riyadh, Saudi Arabia
- Founded
- 2020
- Employees
- 50
- Website
- penny.co/
- Ownership
- Privately Held (backing)
Penny Software doesn't have a composite mark yet — a PA Mark is published once enough pricing inputs exist (trade prints, fund marks, round prices). The rest of the record below builds toward it.
Recorded secondary trades
No secondary trades in Penny Software shares have been recorded yet. When a print lands — third-party, direct report, or platform — it appears here with structure, source, and price.
Institutional fund marks
No SEC-registered fund has reported a fair-value mark on Penny Software in its N-PORT filings yet. We sweep new filings monthly.