About Parmenion
Parmenion is a company based in Bristol (United Kingdom) founded in 2007 was acquired by Preservation Capital Partners in March 2021.. Parmenion has raised $37.65 million across 1 funding round from investors including abrdn, AssetCo and Preservation Capital Partners. Parmenion has completed 1 acquisition, including EBI Portfolios. Parmenion operates in a competitive market with competitors including Quantifeed, PINTEC, AQUMON, Fount and InvestSuite, among others.
- Headquarter Bristol, United Kingdom
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Parmenion Capital Partners Llp
- Date of Incorporation 07 Sep, 2006
- Jurisdiction BRISTOL, 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
$37.65 M (USD)
in 1 rounds
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Latest Funding Round
$37.65 M (USD), Series C
Oct 04, 2021
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Investors
abrdn
& 2 more
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Employee Count
Employee Count
- Investments & Acquisitions
- Acquired by
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Leadership Team
6 people
Legal and Compliance
3 people
Software Development Team
3 people
Human Resources and Administration
2 people
Head Team
1 people
Sales and Marketing
1 people
Finance and Accounting
1 people
Product Management Team
1 people
Unlock access to complete
Funding Insights of Parmenion
Parmenion has successfully raised a total of $37.65M through 1 strategic funding round. The most recent funding activity was a Series C round of $37.65 million completed in October 2021. 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 1
- Last Round Series C — $37.7M
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First Round
First Round
(04 Oct 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series C - Parmenion | Valuation | AssetCo |
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| 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 Parmenion
Parmenion has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include abrdn, AssetCo and Preservation Capital Partners. 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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A private equity firm focused on financial services sector.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by abrdn's private equity fund.
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Founded Year | Domain | Location | |
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Outsourced fire and rescue services are provided by AssetCo.
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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 Parmenion
Parmenion has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include EBI Portfolios. 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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Financial advisory services are provided to clients by EBI Portfolios.
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2010 |
| 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 - Parmenion
| 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 |
Parmenion Comparisons
Competitors of Parmenion
Parmenion 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 Quantifeed, PINTEC, AQUMON, Fount and InvestSuite, 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 |
White-label robo-advisory solutions are offered for wealth management firms.
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| domain | founded_year | HQ Location |
Retail financial solutions are provided to institutions and clients.
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| domain | founded_year | HQ Location |
White-label robo advisors are provided to financial advisors.
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| domain | founded_year | HQ Location |
Asset management services are provided by Fount for financial freedom.
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| domain | founded_year | HQ Location |
White-label robo-advisors and wealth management solutions are provided.
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| domain | founded_year | HQ Location |
White-label robo-advisor solution
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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 Parmenion
Frequently Asked Questions about Parmenion
When was Parmenion founded?
Parmenion was founded in 2007 and raised its 1st funding round 14 years after it was founded.
Where is Parmenion located?
Parmenion is headquartered in Bristol, United Kingdom. It is registered at Bristol, England, United Kingdom.
Who is the current CEO of Parmenion?
Martin Jennings is the current CEO of Parmenion.
Is Parmenion a funded company?
Parmenion is a funded company, having raised a total of $37.65M across 1 funding round to date. The company's 1st funding round was a Series C of $37.65M, raised on Oct 04, 2021.
What does Parmenion do?
Founded in 2007, Parmenion operates as an investment management firm based in Bristol, United Kingdom. Services are focused on diversified portfolio management across various asset classes. Operations are conducted through a structured approach to client investments, with oversight from CEO Martin Jennings. The firm serves institutional and individual clients within the UK financial sector, emphasizing risk-balanced strategies.
Who are the top competitors of Parmenion?
Parmenion's top competitors include PINTEC, Bambu and InvestSuite.
How many acquisitions has Parmenion made?
Parmenion has made 1 acquisition, including EBI Portfolios.
Who are Parmenion's investors?
Parmenion has 3 investors. Key investors include abrdn, AssetCo, and Preservation Capital Partners.
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