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Pendula

Pendula enables two-way communication via SMS, email, instant messenger, fax and post directly from Salesforce or Zuora.

Backed by

Octopus VenturesOctopus Ventures
MA FinancialMA Financial

Raised 9.31M EQUITY on August 22, 2023

About

Pendula provides a customer-retention platform using analytics and generative AI to enable two-way SMS, email, messenger, fax and postal communications integrated with Salesforce and Zuora.

Mission

Pendula is a Sydney, Australia–based provider of customer retention technology that employs advanced analytics and generative AI. The company offers a proactive retention platform enabling two-way communication via SMS, email, instant messenger, fax, and post directly from Salesforce or Zuora. Its software is designed to help companies navigate potential economic downturns by reducing churn and maximising customer lifetime value. In August 2023 Pendula raised A$14.5M in funding led by Octopus Ventures with participation from MA Growth Ventures. The company plans to use the funds to expand global operations, establishing offices in London and Singapore to drive growth in the ASEAN and European markets. Pendula has added new customers including Mate Telecom, Brighte, and Peak Commerce alongside existing clients such as Amaysim, BizCover, and Nobleoak. Its teams are distributed across regions to support international expansion and client deployments. Launched in 2017 and based in Sydney, Pendula provides a digital conversation platform that enables consumers to quickly communicate with businesses via automated SMS and email. The product emphasizes ‘more human’ automated experiences and has driven reported improvements such as 500% increases in conversation rates and 430% stronger engagement versus traditional email. Over the past 12 months Pendula managed more than 20 million conversations and serves customers including amaysim, Cancer Council, TEDx, Ramsay Health Care and Origin Energy. The company plans to scale customer-acquisition channels, broaden integrated ecosystems, and pursue global expansion with particular interest in the USA and Europe. Pendula is backed by early investor Equity Venture Partners and has secured additional institutional support to accelerate growth.

Quick Facts

Founded

2015

Funding

EQUITY

Industry

Email, Information Technology, SMS

Team Size

11-50

Headquarters

Surry Hills, New South Wales, Australia