What Does Penny AI Do?

Total employees34
HeadquartersToronto
Founded2017

GetPenny is a cutting-edge technology company revolutionizing retail execution for Consumer Packaged Goods (CPG) brands and retailers. Leveraging advanced AI and computer vision, GetPenny's platform transforms how businesses monitor and manage their products on retail shelves. Users can capture images of store shelves, and GetPenny's AI analyzes them in real-time to provide actionable insights on out-of-stocks, share of shelf, planogram compliance, pricing accuracy, and promotional execution. This empowers field teams and managers to make data-driven decisions, improve operational efficiency, reduce stockouts, and ultimately boost sales and customer satisfaction. GetPenny aims to close the gap between planned retail strategies and actual in-store reality.

Where Is Penny AI's Headquarters?

HQ Function

Serves as the central hub for GetPenny's global operations, including core product development, AI research, engineering, sales leadership, marketing strategy, and executive management.

Notable Features:

Modern office facilities located in a prime business area of Toronto, designed to foster collaboration and innovation among its teams. Equipped with advanced technology infrastructure to support its AI-driven platform.

Work Culture:

GetPenny fosters a dynamic, innovative, and fast-paced work culture. Employees are encouraged to be proactive, collaborative, and customer-focused, contributing to the company's mission of transforming retail execution through AI technology. There's a strong emphasis on learning and development in the rapidly evolving tech landscape.

HQ Significance:

The Toronto headquarters is strategically important, leveraging the city's vibrant tech ecosystem and talent pool. It's the nerve center for strategic decision-making, product innovation, and coordinating support for GetPenny's global client base.

Values Reflected in HQ: The headquarters' setup likely reflects GetPenny's core values of innovation, efficiency, collaboration, and leveraging technology to solve complex retail challenges.

Location:

GetPenny operates with a global mindset, serving CPG brands and retailers across North America, Europe, Asia-Pacific, and other international markets. While its main offices are in Toronto and Bengaluru, its AI-powered platform and services are delivered globally, supported by distributed teams and strategic partnerships. This allows GetPenny to provide localized support and address the unique retail execution challenges in different regions.

Street Address:

1 University Ave, 3rd Floor

City:

Toronto

State/Province:

Ontario

Country:

Canada

Where Else Does Penny AI Operate Around the World?

Bengaluru, Karnataka, India

Address: WeWork Prestige Atlanta, 80 Ft. Rd, Koramangala 1A Block, Koramangala, Bengaluru, Karnataka 560034, India

Supports global product development and provides operational support, particularly for clients in the APAC region or requiring round-the-clock technical assistance.

Buying Intent Signals for Penny AI

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Penny AI? Meet the Executive Team

As of April 2025, Penny AI' leadership includes:

Anand Muralidaran - Co-founder & CEO
Madhu Sundararajan - Co-founder & CTO
Pooja Shah - Co-founder & COO

Who's Investing in Penny AI?

Penny AI has been backed by several prominent investors over the years, including:

Baukunst
First Round Capital (FRC)
Forum Ventures
Fathom Capital
Alchemist Accelerator
Unpopular Ventures

What Leadership Changes Has Penny AI Seen Recently?

Hire0
Exits0

No major public announcements regarding executive new hires or exits at GetPenny have been identified in the last 12 months. Companies of this stage often manage leadership changes internally or through targeted communications.

What Technology (Tech Stack) Is Used byPenny AI?

Discover the tools Penny AI uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Penny AI Email Formats and Examples

GetPenny likely uses common corporate email formats. The most probable patterns include [first].[last]@getpenny.com or [first_initial][last]@getpenny.com. For example, an employee named Jane Doe might have an email address like jane.doe@getpenny.com.

[first].[last]@getpenny.com

Format

anand.muralidaran@getpenny.com

Example

80%

Success rate

What's the Latest News About Penny AI?

GetPenny BlogFebruary 21, 2024

GetPenny Blog: The Future of Retail Execution: AI, Automation, and Real-Time Data

GetPenny discusses the evolving landscape of retail execution, highlighting the crucial role of AI, automation, and real-time data in optimizing in-store performance. The article emphasizes how their technology helps brands stay competitive by providing actionable insights from the shelf....more

TechCrunchMay 24, 2022

GetPenny raises $6M seed to help CPGs track their products in physical stores using AI

GetPenny secured $6 million in seed funding led by Baukunst, with First Round Capital, Forum Ventures, and Fathom Capital participating. The funds are aimed at enhancing its AI-powered image recognition platform for better in-store product tracking and retail execution for CPG companies....more

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