Pendo revenue estimate

Pendo is a Product Adoption company, founded 2013, headquartered in Raleigh, NC. We estimate its annual recurring revenue at ~$145.7M (~$12.1M MRR), medium confidence, modeled from public signals.

Customers: ~35K paying customers at a blended ARPU of ~$350/mo.
Growth: web traffic is stable; estimated ~2.0% MoM.
Pricing: published tiers from Free up to custom/enterprise.

### How much revenue does Pendo make?
We estimate ~$145.7M ARR ($12.1M/mo MRR).
### How many customers does Pendo have?
Approximately 35K paying customers.
### Is Pendo growing?
Pendo's web traffic is stable, with estimated growth around 2.0% per month.
### Is Pendo public or private?
Pendo is a private, Series D+ company founded in 2013.
### How accurate is this estimate?
Validated blind, our model lands within 2x of reported figures ~70% of the time and within 3x ~90%.