Pendo

Business/Productivity Software · Raleigh, NC · Founded 2013 · Privately Held (backing)

Developer of a customer engagement analytics platform designed to optimize trial conversions and user onboarding in-product. Pendo is based in Raleigh, NC and was founded in 2013. Its last reported valuation was $2.6 billion in Nov 2021. It has raised $459 million across 1 recorded round; the latest was an $110 million private secondary transaction in Nov 2021.

Last reported valuation
$2.6B
Oct 2026
Priced at
—
Total raised
$458.5M
Last round
Secondary Transaction - Private
Nov 2021
What is Pendo worth?
$2.6Blast reported valuation · Oct 2026

Pendo's last reported valuation, Nov 2021. Nothing priced has surfaced since.

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Valuation timeline

0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026
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Pendo funding history

1 rounds
DateRoundRaisedPost-money
Nov 2021Secondary Transaction - Private$110.0M▮
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Pendo valuation

Pendo's last reported valuation was $2.6 billion in Nov 2021. No priced round, secondary trade or fund mark has surfaced since.

How much has Pendo raised?

Pendo has raised $459 million in total; 1 of its rounds is on record. The largest on record was an $110 million private secondary transaction in Nov 2021.

Comparable companies

Comparable business/productivity software names by valuation on PrivateMarketView: Quantexa ($2.6 billion), Peregrine ($2.6 billion) and MaintainX ($2.5 billion).

How Pendo's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Pendo, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by last reported valuation. Question about this number? Full methodology →

Frequently asked about Pendo

What is Pendo worth?
Pendo is valued at $2.6B as of Oct 2026. Pendo's last reported valuation, Nov 2021. Nothing priced has surfaced since.
How much has Pendo raised?
Pendo has raised $458.5M in total funding across 1 recorded rounds.
When did Pendo last raise?
Pendo last raised in Nov 2021 (Secondary Transaction - Private), raising $110.0M.