The AI-powered virtual assistant helping direct sales consultants easily build successful businesses through repeatable, scaleable, customer-centric sales processes. Penny increases customer engagement without the guesswork.
Location: Canada, British Columbia, Vancouver
Employees: 51-200
Total raised: $27M
Founded date: 2017
Investors 2
| Date | Name | Website |
| - | 7BC Ventur... | 7bc.vc |
| - | Acronym Ve... | acronymvc.... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 01.06.2022 | Series B | $27M | ScaleUP Ve... |
Mentions in press and media 7
| Date | Title | Description |
| 23.09.2025 | G42-backed Presight, Shorooq to launch $100-mn AI innovation fund | Credit: 123RF.com An artificial intelligence and big-data analytics company Presight, which is backed by Abu Dhabi's technology group G42, has partnered with a UAE-based multi-asset investment firm Shorooq Partners to launch a global AI inn... |
| 02.11.2022 | Penny AI Introduces a Revolutionary Learning and Onboarding Solution | Driving the future of social selling success, backed by science, research, and data Penny AI, a global leader in data-driven direct sales enablement, is launching Learning Solutions, to empower social sellers with engagement-based micro-lea... |
| 02.06.2022 | 3 reasons companies are still doing SPAC mergers | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Let’s take a brief stroll back to Aug. 2021, shall we? Paid Content How Northrop Grumman uses ESG... |
| 01.06.2022 | Penny AI raises $27M Series B | Penny AI co-founders David Abbey (left) and Chris Noble Penny AI, a Squamish-born, Vancouver-based software company developing tools for salespeople, announced a USD $27 million (CAD $33.9 million) Series B round of funding. The investment ... |
| 01.06.2022 | Penny AI Raises $27M in Series B Funding | Penny AI, a Vancouver, British Columbia-based global leader in data-driven social commerce enablement, raised $27m in Series B funding. The round was led by PSG, with participation from Acronym Venture Capital and ScaleUP Ventures. Led by D... |
| 07.04.2021 | C100 rebrands 48Hours in the Valley to eight-month fellowship, announces 2021 cohort | C100, a nonprofit that aims to support Canadian tech entrepreneurs, is rebranding its flagship 48Hours in the Valley event to a new program called C100 Fellows. C100 also revealed the startups participating in this year’s fellowship. C100 F... |
| 31.03.2021 | These are the 3 B.C. tech companies chosen for the C100 2021 Fellows Cohort | Faber, Snack and Penny are the three B.C.-based technology companies selected for the C100 Fellowship program (rebranded from 48Hrs in the Valley). This year’s program is a reboot and expansion of the old program, which aims to connect Cana... |