Penzilla develops a SaaS platform that simplifies administration of company pension schemes by uniting HR, payroll and pension providers on a single system. The product aims to make occupational pensions simpler, more accessible and more efficient for employers and employees, reducing administrative burdens and legal risks. Its platform integrates with payroll and HR systems (e.g., Personio, HiBob, Rexx, DATEV) and has sales partnerships with major pension providers including Allianz, Swiss Life, Canada Life, WWK and Signal Iduna. Well-known customers such as Lacoste, Notebooksbilliger.de and ProSiebenSat.1 use Penzilla, and the company manages schemes for thousands of employees and pensioners. Penzilla plans to use its recent funding to invest in market development and to strengthen its position as a leading software platform for bAV management. Founded in 2022 and based in Munich, the startup emphasizes a software-first approach to address the complex needs of large SMEs and international corporations.

Total raised

$4M

Funding rounds

1

Latest round

Seed

Latest activity

May 2025