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#432 by ARRRaleigh, North Carolina, USApendo.io ↗

Pendo.io

Pendo.io is an AI-powered product experience platform founded in 2013, headquartered in Raleigh, North Carolina, with additional offices in Israel, San Francisco, New York, and the UK. The company focuses on…

ARR
$300M revenue (est.)
as of Oct 2026
Employees
850
as of Oct 2026
Valuation
$2.6B
8.7× ARR
ARR / employee
$353K
revenue efficiency
About Pendo.io

Pendo.io is an AI-powered product experience platform founded in 2013, headquartered in Raleigh, North Carolina, with additional offices in Israel, San Francisco, New York, and the UK. The company focuses on enhancing user experiences for both customers and employees by making product intelligence actionable. Pendo serves approximately 13,000 companies, including major firms like Verizon, Morgan Stanley, and Salesforce. The Pendo platform, known as Pendo SXM, offers a unified digital adoption solution that includes product analytics, in-app guidance, user feedback collection, and AI agent analytics. These features help organizations understand user behavior, improve feature adoption, and gather insights on user sentiment. Pendo also recently introduced Pendo Listen, a product discovery tool aimed at helping companies identify product needs. The platform caters to a variety of industries, including SaaS businesses and large enterprises, enabling non-technical teams to innovate and enhance their digital products effectively.

Top 100 SaaS by revenue (GetLatka). A SaaS company retooling its product to be AI-native.

Investors · 17

LeadThoma BravoPrivate equity5 partners on file
BoardBattery VenturesVenture capital· Neeraj Agrawal (General Partner at Battery Ventures. Led the Series A and joined the board then.)29 partners on file
BoardMeritech Capital PartnersVenture capital· Rob Ward (General Partner at Meritech Capital Partners. Joined the board with the 2017 Series C, which Meritech led.)
BoardSapphire VenturesVenture capital· Rajeev Dham (Partner at Sapphire Ventures. Sapphire led the 2018 Series D.)19 partners on file
BoardSpark CapitalVenture capital· Megan Quinn (General Partner at Spark Capital when she joined the board in 2016. Spark led the Series B. By Dec 2021 she was described as COO at Niantic.)15 partners on file
InvestorB CapitalVenture capital43 partners on file
InvestorBonfire VenturesVenture capital13 partners on file
InvestorContour Venture PartnersVenture capital
InvestorCore Capital PartnersVenture capital
InvestorCross CreekVenture capital3 partners on file
InvestorFirstMark CapitalVenture capital3 partners on file
InvestorGeneral AtlanticPrivate equity16 partners on file
InvestorGeodesic CapitalVenture capital15 partners on file
InvestorIDEA Fund PartnersVenture capital2 partners on file
InvestorSalesforce VenturesCorporate18 partners on file
InvestorSilver Lake (Silver Lake Sumeru)Private equity8 partners on file
InvestorTiger GlobalPrivate equity30 partners on file
219 partner contacts across these firms, emails and LinkedIn are in Investor Contacts for paid members.

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