Penny AI raises $27M Series B

The oversubscribed funding round for the company’s AI-powered sales software is an affirmation that ‘there must be a better way.’

Penny AI co-founders David Abbey (left) and Chris Noble

Penny AI, a Squamish-born, Vancouver-based software company developing tools for salespeople, announced a USD $27 million (CAD $33.9 million) Series B round of funding. The investment was led by PSG, a growth equity firm, but also featured participation from Acronym Venture Capital and ScaleUP Ventu…