Pento
Stress-free UK payroll software
- 21-100 employees
- Fintech
- B2B
- HR
- SaaS
- Metropolzonen
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Company mission
Build the most exceptional payroll experience for companies and their employees.
Our take
Many business processes have been made much simpler over the last 20 years. Payroll software, on the other hand, hasn't changed much. Running payroll still requires huge amounts of manual data entry, which leads to errors, lockdown periods and general frustration. Pento aims to change that by providing a SaaS-based online platform intended to optimize payroll services.
Its platform helps to automate payroll system and offer complementary features to employees, such as user-friendly access to pay history and personal pay-related data, enabling small and medium-sized companies to find a digital way to automate salary processing, taxes and is fully connected to HMRC. It operates a classic SaaS model, charging a monthly subscription per seat.
Typical Pento customers are companies with 1-150 employees, although the startup is also seeing quite a lot of demand from bigger companies too. It now boasts over 700 of these as customers. With enough recent funding, Pento is gearing up for significant improvements to its tech and expanding its team as needed in the next few years.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Flexible Working. We have been working remotely since day 1 and supporting Pentos working flexibly is within our DNA
- Unlimited Time-Off. It's important that we're well rested and to enable this we have unlimited time-off. We work hard at Pento and we want you to find balance and ensure work fits into life
- Mental Health Support. Easy-to-access therapy (one-off or courses) and broader mental health support via Spill
- Travel Stipend. We encourage visiting and co-working with team members in other cities and to support this you can access a travel stipend to organise these meet-ups
- Company Summits & Team Offsites. Summits and offsites play a hugely important role at Pento! Time spent together helps us get to know each other, strengthen our working relationships, and push forward our growth
- Equity Plan. On top of a location-agnostic, benchmarked salary, all Pentos receives an equity option plan so we can all can benefit from our success
- Expense A Co-Working Space. You can expense a desk at a co-working space if you’d like to work elsewhere
- Equipment & Working Environment. New joiners receive an allowance of £500/€600 to purchase tech and home set-up equipment (this doesn’t include laptops)
- Books. Tell us what you want to read in the #books Slack channel and you're free to purchase the book on us. All we ask in return is that you share a review of the book when you're done reading it — we love reading each others' reviews
- Parental Pay & Leave. You can access gender-neutral company enhanced parental pay and leave, to be taken within the first 18-months of your child’s life (inclusive of local statutory pay and leave). This applies to all families, whether you or your partner has given birth, adopted or become a parent through surrogacy. Our family-friendly policies also include support and paid time-off for fertility treatment and parental loss
Funding (last 2 of 4 rounds)
Dec 2021
$35m
SERIES B
May 2021
$15.6m
SERIES A
Total funding: $54.1m
This company has top investors
Leadership
Emil Hagbarth Rasmussen
(Co-Founder)Previously Co-founder, Developer at Greenticket for 2 years and Co-founder, CTO at Hivebeat for 1 year.
Jonas Bøgh Larsen
(Co-Founder & CEO)Previously Co-founder at Greenticket for 6 years and Co-founder, CEO at Hivebeat for 1 year.