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7 December 2021

Moalem Weitemeyer assists startup Pento

Moalem Weitemeyer assisted Danish startup Pento ApS with its USDm 35 Series B round which was led by Tiger Global and Avid Ventures and with participation also from Seedcamp, General Catalyst, and Local Globe.

Completion of the Series B takes place only six months after completion of Pento’s USDm 15 Series A round led by General Catalyst on which Moalem Weitemeyer also advised.

Pento ApS offers a software which automates the salary administration for companies, and it has successfully expanded its business to the United Kingdom, where it has many larger customers.