About Kerv
Kerv is a company based in London (United Kingdom) founded in 2020 was acquired by Bridgepoint Capital in January 2024.. Kerv has raised $12 million across 3 funding rounds from investors including Bridgepoint Capital, Trinity Cap and Plaza Ventures. Kerv has completed 4 acquisitions, including CloudThing, Gyrocom and Inciper. Kerv offers products and services including Managed IT Services, Cloud Network, Communications Compliance, and Consultancy Services. Kerv operates in a competitive market with competitors including Seshaasai, FitPay, PayinTech, wearonize and Intellitix, among others.
- Headquarter London, United Kingdom
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name K Wearables Ltd
- Date of Incorporation 31 Mar, 2016
- Jurisdiction TENTERDEN, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12 M (USD)
in 3 rounds
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Latest Funding Round
$12 M (USD), Series B
May 25, 2022
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Investors
Bridgepoint Capital
& 4 more
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Employee Count
Employee Count
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Investments & Acquisitions
CloudThing
& 3 more
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Acquired by
Bridgepoint Capital
(Jan 25, 2024)
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Products & Services of Kerv
Kerv offers a comprehensive portfolio of products and services, including Managed IT Services, Cloud Network, Communications Compliance, and Consultancy Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides end-to-end IT support and monitoring for businesses.
Offers cloud transformation and networking solutions for scalability.
Delivers compliance recording and regulatory tools for industries.
Provides IT leadership and project management consultancy.
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Funding Insights of Kerv
Kerv has successfully raised a total of $12M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $12 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $12.0M
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First Round
First Round
(06 May 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series B - Kerv | Valuation |
investors |
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| Jun, 2021 | Amount | Debt – Conventional - Kerv | Valuation |
investors |
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| May, 2021 | Amount | Debt – Conventional - Kerv | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Kerv
Kerv has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Bridgepoint Capital, Trinity Cap and Plaza Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture debt and equipment financing are provided to growth-stage companies.
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Founded Year | Domain | Location | |
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Growth-stage venture capital investments are made in revenue-positive companies.
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Founded Year | Domain | Location | |
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Investments are made in early-stage tech startups by Vestech Partners.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Kerv
Kerv has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include CloudThing, Gyrocom and Inciper. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cyber security and IT consulting services are provided.
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2017 | ||||
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Provider of digital transformation services
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2016 | ||||
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IT service suites and AI solutions are provided to clients.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Kerv
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kerv Comparisons
Competitors of Kerv
Kerv operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Seshaasai, FitPay, PayinTech, wearonize and Intellitix, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Payment solutions, communication services, and IoT-enabled RFID technologies are provided.
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| domain | founded_year | HQ Location |
GPS navigation devices and wearable technology are manufactured.
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| domain | founded_year | HQ Location |
Wearable payment solutions are offered by PayinTech for cashless transactions.
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| domain | founded_year | HQ Location |
Offers a platform to develop innovative wearable payment solutions.
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| domain | founded_year | HQ Location |
Mobile app and API security solutions are provided by Intellitix.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Kerv
Frequently Asked Questions about Kerv
When was Kerv founded?
Kerv was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Kerv located?
Kerv is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Kerv a funded company?
Kerv is a funded company, having raised a total of $12M across 3 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $41.71M, raised on May 06, 2021.
What does Kerv do?
Kerv was founded in 2020 and is headquartered in London, United Kingdom. Operations are centered on the fintech sector, where contactless payment rings are developed and produced to facilitate secure, NFC-enabled transactions. These wearable devices are designed for everyday use, integrating payment technology into jewelry form. The company focuses on hardware innovation and distribution within the European market, supporting digital payment ecosystems without traditional cards.
Who are the top competitors of Kerv?
What products or services does Kerv offer?
Kerv offers Managed IT Services, Cloud Network, Communications Compliance, and Consultancy Services.
How many acquisitions has Kerv made?
Kerv has made 4 acquisitions, including CloudThing, Gyrocom, and Inciper.
Who are Kerv's investors?
Kerv has 5 investors. Key investors include Bridgepoint Capital, Trinity Cap, Plaza Ventures, Vestech Partners, and Kartesia.
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