Seed · HR Tech · Munich, Germany
Penzilla is a Munich-based startup that has developed a software solution to automate and digitize company pension plan management, integrating with existing HR systems like Personio, SAP, and DATEV. The company raised €3.2 million in seed funding in May 2025, led by Acadian Ventures and Delin Ventures. Penzilla serves notable clients including Lacoste, Notebooksbilliger.de, and ProSiebenSat.1 Media SE, managing occupational pension schemes for thousands of employees while reducing administrative costs and ensuring compliance. The startup addresses the significant untapped potential in Germany's occupational pension market, which is considered the most popular employee benefit.