Pento closes DKK 4M in funding to accelerate the development of its HR and payroll product.

Denmark Investments 23 October 2017
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Pento, a Copenhagen, Denmark-based startup providing a software as a service that optimizes the HR payroll process, announced that it closed a DKK 4M ($630k) investment round.

The investors include SEED Capital (through Pre-SEED Innovation), and local angel investors Jens Sørensen, Kim Agger and Nicolaj Højer Nielsen.

Pentro, founded in 2016 by Jonas Bøgh and Emil Hagbarth, developed a software solution for for bookkeepers and accountants which automates and simplifies running payroll for a company. The startup has already 300 customers and a team of 8 employees who work remotely from Denmark, Estonia and Portugal.