PeerNova

San Jose, United States Founded: 2013 • Age: 13 yrs
Compliance solutions for financial industry
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About PeerNova

PeerNova is a company based in San Jose (United States) founded in 2013 by Gangesh Ganesan and Emmanuel Abiodun.. PeerNova has raised $61.64 million across 9 funding rounds from investors including Overstock, Mosaik Partners and Intuitive Venture Partners. PeerNova offers products and services including Cuneiform Platform, Cuneiform for Valuation Risk, Cuneiform for CRM, and Cuneiform for Data Cloud. PeerNova operates in a competitive market with competitors including Quantexa, ComplyAdvantage, Riskified, Alloy and Signifyd, among others.

  • Headquarter San Jose, United States
  • Founders Gangesh Ganesan, Emmanuel Abiodun
  • Sectors
    Industrial Goods & Manufacturing
    Financial Services Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Peernova, Inc.
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Financial Services → FinTech & Digital Finance
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $61.64 M (USD)

    in 9 rounds

  • Latest Funding Round
    $31 M (USD), Series B

    Oct 22, 2019

  • Investors
    Overstock

    & 9 more

  • Employee Count
    Employee Count
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Products & Services of PeerNova

PeerNova offers a comprehensive portfolio of products and services, including Cuneiform Platform, Cuneiform for Valuation Risk, Cuneiform for CRM, and Cuneiform for Data Cloud. 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.

Primary

Monitors data quality and provides insights for decision-making.

Improves asset fair-value estimation and risk analysis.

Assesses and manages data reliability in Salesforce environments.

Accelerates implementations and ensures data quality in Data Cloud.

People of PeerNova
Headcount 50-200
Employee Profiles 28
Board Members and Advisors 6
Employee Profiles
People
Benedicto Franco Jr.
VP, Engineering
People
Gangesh Ganesan
Founder & CEO
People
Mehmet Gökmen Orun
GM And Data Strategist
People
Chris Mausler
CFO

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Board Members and Advisors
people
S. Atiq Raza
Chairman
people
Howard Mergelkamp
Board Member
people
Suresh Kumar
Board Member
people
Chet Kapoor
Board Member

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Funding Insights of PeerNova

PeerNova has successfully raised a total of $61.64M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $31 million completed in October 2019. 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 Rounds 9
  • Last Round Series B — $31.0M
  • First Round
  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2019 Amount Series B - PeerNova Valuation Mosaik Partners
May, 2017 Amount Series A - PeerNova Valuation

investors

Nov, 2016 Amount Series A - PeerNova Valuation Zhongnan Group
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in PeerNova

PeerNova has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Overstock, Mosaik Partners and Intuitive Venture 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Capital is invested in enterprise financial technology businesses.
Founded Year Domain Location
Stage-agnostic VC, PE, and investment banking services are provided.
Founded Year Domain Location
Venture capital firm investing in the blockchain sector
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by PeerNova

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - PeerNova

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Peernova Comparisons

Employees
+
Add Comparison
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Competitors of PeerNova

PeerNova 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 Quantexa, ComplyAdvantage, Riskified, Alloy and Signifyd, 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
AI-powered data and decision intelligence solutions are provided for businesses.
domain founded_year HQ Location
Cloud-based anti-money laundering solutions are provided for compliance.
domain founded_year HQ Location
AI-based fraud prevention for e-commerce payments is provided.
domain founded_year HQ Location
Identity decisioning platform is provided for banks and fintech firms.
domain founded_year HQ Location
Provider of fraud prevention and payment validation for online retailers
domain founded_year HQ Location
Cloud-based big data and fraud prevention solutions are offered.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about PeerNova

When was PeerNova founded?

PeerNova was founded in 2013 and raised its 1st funding round 1 year after it was founded.

Where is PeerNova located?

PeerNova is headquartered in San Jose, United States. It is registered at San Jose, California, United States.

Who is the current CEO of PeerNova?

Gangesh Ganesan is the current CEO of PeerNova. They have also founded this company.

Is PeerNova a funded company?

PeerNova is a funded company, having raised a total of $61.64M across 9 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Jul 02, 2014.

What does PeerNova do?

Peernova provides solutions for securities exchange and financial services. PeerNova has developed a technology platform that provides immutability and data integrity for use in securities exchanges applications. Based on blockchain, their patent-pending technology enables use of immutable ledgers and databases in real-time for multi-asset and multi-party transactions. Traditional applications of blockchains involve de-centralized ledgers, distributed consensus protocols, and anonymous users. Received a pre-Series A investment from semiconductor industry veteran and ex-Sequoia Capital VC, Pierre Lamond, and FireEyes founder Ashar Aziz in July 2014. With subsequent rounds of funding the firm has sought to move away from self mining and move more into a fullfledged blockchain application service provider.

Who are the top competitors of PeerNova?

PeerNova's top competitors include ComplyAdvantage, Riskified and Quantexa.

What products or services does PeerNova offer?

PeerNova offers Cuneiform Platform, Cuneiform for Valuation Risk, Cuneiform for CRM, and Cuneiform for Data Cloud.

Who are PeerNova's investors?

PeerNova has 10 investors. Key investors include Overstock, Mosaik Partners, Intuitive Venture Partners, Medici Ventures, and Zhongnan Group.

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