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3 Latest Announced Rounds

$1,325.73M Raised in 74 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Penny AI

start up
Canada - Vancouver, BC
  • 01/06/2022
  • Series B
  • $27,000,000

Penny AI exponentially increases revenue by enabling and empowering direct sales field consultants and leaders. All while providing corporate teams with the data, insights, and the pace of innovation for the digital-first future.

Our team is based just outside of Vancouver. We're on a mission to build brilliant technology that inspires action, builds momentum, and creates belief in Consultants all around the world.


Related People

David AbbeyCo Founder

David Abbey Canada - Vancouver, British Columbia,

wife faced running her successful direct sales business, I dreamt up Penny, an AI-powered virtual assistant for the Direct Sales industry.

An entrepreneur at heart, I founded my first business in 2003. After selling the company in 2006, I travelled the world and then transitioned into the world of tech startups. During my fifteen years in the industry, I've proudly earned an enviable reputation for identifying opportunities to improve businesses, creating strategic partnerships and fostering growth within companies. I'm passionate about digital solutions that are not just customer focused, but bring genuine joy to users.

In 2018, myself, alongside co-founder, Chris Noble, started Penny to help millions of direct sales consultants, just like my wife, build, develop and grow their Direct Sales businesses so they have more time to focus on what makes them happy.