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Penny AI logo — Penny AI - the direct sales platform exponentially increasin...

Penny AI

Penny AI - the direct sales platform exponentially increasing revenue by empowering field consultants and leaders

Founded 2017 Canada Canada 19 employees Private Equity Total: $39.55M Information Technology

General Information

Company Name Penny AI
Founded Year 2017
Location Canada Canada
Employees 19
Industries Information Technology
Funding Stage Private Equity
Social

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About Penny AI

Penny is an AI-powered virtual assistant designed for direct sales businesses. Founded in 2017, Penny assists sellers in managing their daily tasks, organizing content, and delivering exceptional customer experiences. The platform's capabilities allow sellers to allocate more time towards personal interests as Penny efficiently plans their day. The company operates within the Information Technology sector and received a $33.90M Private Equity Round investment on 01 June 2022. The investment was led by Acronym Venture Capital, PSG Equity, and Scale-Up Ventures.

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Private Equity Round $33.90M 3
Acronym Venture Capital PSG Equity Scale-Up Ventures
Acronym Venture Capital, PSG Equity +1
01 Jun 2022
Series A $5.00M -
01 Jan 2020
Seed Round Undisclosed 4
Rubicon Venture Capital Scale-Up Ventures Atrium Ventures
Rubicon Venture Capital, Scale-Up Ventures +2
01 Sep 2019
Seed Round Undisclosed 2
WUTIF E-Fund
WUTIF, E-Fund
01 Mar 2019
Seed Round $650.00K 1
The Batchery
The Batchery
20 Jan 2018

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FAQ About Penny AI

Penny AI - the direct sales platform exponentially increasing revenue by empowering field consultants and leaders
Penny AI was founded in 2017.
Penny AI is headquartered in Canada.
Penny AI operates in Information Technology.
Penny AI has approximately 19 employees.
Penny AI has completed 5 funding rounds, raising a total of $39.55M. The latest funding stage is Private Equity.
Top alternatives and competitors to Penny AI include Ossisto , Bursement, NCR Technosolutions, Taskly, Proshort. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Penny AI and Ossisto are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Penny AI, https://bouncewatch.com/company/penny, updated 6 August 2026. When citing, please name BounceWatch and link this page.

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