What Does Penny Software Do?

Total employees49
HeadquartersSan Francisco
Founded2020

Penny Software provides an AI-powered procurement platform designed specifically for construction companies. Their software helps construction firms streamline their procurement process, reduce costs, and improve efficiency by automating tasks, optimizing sourcing, and providing data-driven insights. Penny aims to bring transparency and control to a traditionally complex and fragmented area of the construction industry.

Where Is Penny Software's Headquarters?

Penny Software officePenny Software officePenny Software officePenny Software office
*Images sourced via web search. Rights belong to original owners

HQ Function

The headquarters serves as the central hub for Penny Software's operations, housing key executive, engineering, sales, and marketing teams.

Notable Features:

While specific details about internal features are not publicly available, the location in downtown San Francisco suggests a modern and collaborative workspace environment.

Work Culture:

Likely reflects a fast-paced, innovative startup culture focused on leveraging technology to disrupt the construction industry. They likely emphasize teamwork, problem-solving, and continuous improvement.

HQ Significance:

San Francisco's location provides access to a wealth of technology talent, venture capital funding, and a thriving startup ecosystem, which is critical for a rapidly growing company like Penny Software.

Values Reflected in HQ: The headquarters location likely reflects Penny Software's values of innovation, accessibility, and a commitment to leveraging technology to improve the construction industry.

Location:

Penny Software supports sales, customer success, and engineering globally, catering to construction companies in North America and beyond.

Street Address:

447 Sutter St Suite 405

City:

San Francisco

State/Province:

CA

Country:

USA

Where Else Does Penny Software Operate Around the World?

Tel Aviv, Israel

Address: Unknown

Serves as a key hub for research and development, leveraging the region's expertise in software engineering and AI.

Buying Intent Signals for Penny Software

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 Software? Meet the Executive Team

As of April 2025, Penny Software' leadership includes:

Daniel Rafner - CEO

Who's Investing in Penny Software?

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

Sequoia Capital
Greylock
Headline

What Leadership Changes Has Penny Software Seen Recently?

Hire0
Exits0

Information on executive new hires and exits for Penny Software is unavailable through public sources at this time.

What Technology (Tech Stack) Is Used byPenny Software?

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

Penny Software Email Formats and Examples

Penny Software uses a standard email format, with the first initial and last name, followed by @pennysoftware.com

[first_initial][last]@pennysoftware.com

Format

jdoe@pennysoftware.com

Example

80%

Success rate

What's the Latest News About Penny Software?

TechCrunch • 2024-02-27

Penny Software raises $30M to bring AI to construction procurement

Penny Software has secured $30 million in Series B funding, led by Sequoia Capital. The company provides an AI-powered procurement platform for construction companies, aiming to streamline the procurement process, reduce costs, and improve efficiency. ...more

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