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Pennylane raises $18.3 million for its accounting service

Pennylane raises $18.3 million for its accounting service

TechCrunch Startup News · TechCrunch

June 9, 20213m 21s

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Show Notes

French startup Pennylane has raised a new $18.3 million funding round (€15 million). Interestingly, this is Sequoia Capital’s first investment in France after they announced ambitious expansion plans in Europe. If you’re not familiar with Pennylane, the startup has been developing an accounting platform that improves accounting for both clients and their accountants.

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