News and updates from Pennant — the Pennant Spotlight Series featuring voices from across the governance ecosystem, plus company news and product milestones.
Bloomberg covers Pennant’s $5.2 million seed round — led by Urban Innovation Fund with Y Combinator — and how the AI-native platform is helping institutional investors take back control of proxy voting as advisory giants like ISS and Glass Lewis come under pressure.
Pensions & Investments features Pennant in its report on the AI tools emerging in proxy voting — alongside J.P. Morgan Asset Management, ISS, and Glass Lewis — as institutional investors look for alternatives to legacy proxy advisers.
Pennant has raised a $5M seed round led by Urban Innovation Fund, with participation from Y Combinator and strategic angels, to build the AI-native world model for corporate governance — starting with proxy voting.
Pennant gives institutional investors - and the companies and advisors they engage with - voting and governance intelligence to act on their own principles at scale.