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Penny AI delivers AI-powered sales solutions for social commerce.

Psg portfolio Penny AI background

Penny AI is a social commerce enablement platform, purpose-built for brands to empower the modern social seller. The data-driven unified platform leverages AI to enable sellers with an automated repeatable process, ongoing learning and business intelligence, resulting in an exceptional customer experience and the potential to drive sales.

Year Invested
2022
Location
Vancouver, BC
Website
getpenny.com
“We’re witnessing the transition from traditional channels and e-commerce to a people-powered retail revolution where the social seller and influencer now own the audience and customer relationship. Since day one, our mission has been to empower the seller with simple-to-use, intelligent and powerful solutions that help create an incredible experience for their customers.”
— David Abbey, CEO & CO-Founder of Penny AI

This statement is provided by an executive of a portfolio company of a PSG fund. PSG has not provided cash or other compensation in exchange for receiving this statement. Any discretion PSG exercises in the determination of the compensation of its portfolio company executives, or other benefits provided to such executives, is not influenced by whether such executive has provided a favorable statement. Nevertheless, the fact that any statements have been provided by individuals whose compensation PSG exercises a certain level of control over, or who may receive certain benefits from PSG, may incentivize such individuals to provide favorable evaluations of their experiences working with PSG. The executive is not an investor in strategies sponsored by PSG.

Did you know?

Penny AI supports hundreds of thousands of sellers in over 60 countries and 25 languages.

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