Pendo was founded in 2013 by Eric Boduch, Erik Troan, Rahul Jain, and Todd Olson and is headquartered in Raleigh, United States. The platform offers tools for product analytics, agent analytics, user guides, session replay, and user feedback, facilitating data synchronization, integrations, and AI-driven insights. The company's primary sectors are Customer Success Management and Product Management Tools.
As of March 31, 2026, Pendo has 1,048 employees. Pendo generates $300M in revenue, with 13,000 customers relying on the company's solutions. Pendo has raised $468M in funding from investors like Sapphire Ventures, Spark Capital and Battery Ventures, with a current valuation of $2.6B.
Strategic acquisitions, such as Zelta AI in July 2024 and Product Collective in September 2024, have enhanced its AI capabilities and market position. Pendo appointed Zain Lakhani as its first chief AI officer to lead agentic AI product development.
Facts compiled by Executive Moves from publicly available news and press releases on 26 May 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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