About Perceptics
Perceptics is a company based in Farragut (United States) founded in 1979. It operates as a SaaS (Software-as-a-Service), and Direct-to-Consumer (D2C). Perceptics has raised $2.25 million across 1 funding round from investors including Banyan Investment Partners. The company has 16 employees as of December 31, 2022. Perceptics offers products and services including Summitt Software, Cameras, Vehicle Occupant Detection, Hazmat Reader, and License Plate Reader. Perceptics operates in a competitive market with competitors including TagMaster, ETC, Tattile, Adaptive Recognition and Vaxtor, among others.
- Headquarter Farragut, United States
- Employees 16 as on 31 Dec, 2022
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
*********
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Website
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Social
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- Legal Name Perceptics, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.25 M (USD)
in 1 rounds
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Latest Funding Round
$2.25 M (USD), Series A
Oct 01, 2006
- Investors
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Employee Count
16
as on Dec 31, 2022
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Products & Services of Perceptics
Perceptics offers a comprehensive portfolio of products and services, including Summitt Software, Cameras, Vehicle Occupant Detection, Hazmat Reader, and License Plate Reader. 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.
Vehicle identification software is provided for various applications.
Fixed and portable cameras are offered for recognition.
Occupant detection systems are developed for transportation needs.
Hazmat placard identification technology is provided for safety.
License plate recognition technology is offered with accuracy.
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Funding Insights of Perceptics
Perceptics has successfully raised a total of $2.25M through 1 strategic funding round. The most recent funding activity was a Series A round of $2.25 million completed in October 2006. 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 A — $2.2M
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First Round
First Round
(01 Oct 2006)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2006 | Amount | Series A - Perceptics | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Perceptics
Perceptics has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Banyan Investment 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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Investment in small to middle-market companies via equity and subordinated debt.
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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 Perceptics
| 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 |
Financial Statements - Perceptics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Perceptics Comparisons
Competitors of Perceptics
Perceptics 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 TagMaster, ETC, Tattile, Adaptive Recognition and Vaxtor, 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 |
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| domain | founded_year | HQ Location |
RFID, radar, and ANPR technologies are used for traffic solutions.
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| domain | founded_year | HQ Location |
Solutions for toll collection and congestion management are provided.
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| domain | founded_year | HQ Location |
Develops AI-driven solutions for traffic management, vehicle tracking, and enforcement systems.
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| domain | founded_year | HQ Location |
AI and camera-based video analytics are provided for multiple industries.
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| domain | founded_year | HQ Location |
AI-enabled OCR and LPR solutions are provided for various industries.
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| domain | founded_year | HQ Location |
Develops software for recognizing numbers and letters in images for security and vehicle applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Perceptics
Frequently Asked Questions about Perceptics
When was Perceptics founded?
Perceptics was founded in 1979 and raised its 1st funding round 27 years after it was founded.
Where is Perceptics located?
Perceptics is headquartered in Farragut, United States. It is registered at Farragut, Tennessee, United States.
Who is the current CEO of Perceptics?
John Dalton is the current CEO of Perceptics.
Is Perceptics a funded company?
Perceptics is a funded company, having raised a total of $2.25M across 1 funding round to date. The company's 1st funding round was a Series A of $2.25M, raised on Oct 01, 2006.
How many employees does Perceptics have?
As of Dec 31, 2022, the latest employee count at Perceptics is 16.
What does Perceptics do?
Innovative vehicle recognition solutions are offered by Perceptics, catering to diverse needs such as border security, toll automation, and commodity tracking. Software and hardware solutions, including the Summitt software line and advanced cameras, are developed to ensure accuracy and scalability. Sectors like transportation and safety are served with technologies for license plate recognition, hazmat placard reading, and vehicle occupant detection. Customizable and reliable systems are engineered to integrate seamlessly with existing infrastructure, reducing manual tasks and enhancing efficiency.
Who are the top competitors of Perceptics?
Perceptics's top competitors include TagMaster, ETC and Adaptive Recognition.
What products or services does Perceptics offer?
Perceptics offers Summitt Software, Cameras, Vehicle Occupant Detection, Hazmat Reader, and License Plate Reader.
Who are Perceptics's investors?
Perceptics has 1 investor. Key investors include Banyan Investment Partners.
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