About Perch
Perch is a company based in Boston (United States) founded in 2019 was acquired by Razor Group in March 2024. It operates as a Direct-to-Consumer (D2C). Perch has raised $906.5 million across 3 funding rounds from investors including Razor Group, Victory Park Capital Advisors and SoftBank Vision Fund. Perch has completed 3 acquisitions, including Gutter Game, TruRemedy Naturals and Web Deals Direct. Perch offers products and services including Perch Products. Perch operates in a competitive market with competitors including TechStyle, Thrasio, THG, SellerX and Merama, among others.
- Headquarter Boston, United States
- Stage Unicorn
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Sectors
Business ServicesTechnology Retail
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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 Whele Llc Dba Perch
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$906.5 M (USD)
in 3 rounds
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Latest Funding Round
$775 M (USD), Series C
May 26, 2021
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Investors
Razor Group
& 5 more
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Employee Count
Employee Count
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Investments & Acquisitions
Gutter Game
& 2 more
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Acquired by
Razor Group
(Mar 05, 2024)
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Products & Services of Perch
Perch offers a comprehensive portfolio of products and services, including Perch Products. 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.
Products are designed for home and family use.
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Senior Team
13 people
Operations Team
11 people
Finance and Accounting
10 people
Leadership Team
9 people
Software Development Team
8 people
Human Resources and Administration
7 people
Data Analysis and Operations Team
6 people
Sales and Marketing
4 people
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Funding Insights of Perch
Perch has successfully raised a total of $906.5M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $775 million completed in May 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 3
- Last Round Series C — $775.0M
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First Round
First Round
(07 Apr 2020)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Series C - Perch | Valuation | SoftBank Vision Fund | |
| Oct, 2020 | Amount | Series B - Perch | Valuation | Spark Capital | |
| Apr, 2020 | Amount | Series A - Perch | Valuation | Spark Capital |
| 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 Perch
Perch has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Razor Group, Victory Park Capital Advisors and SoftBank Vision Fund. 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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Blank check and private debt firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Spark Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital investments in technology and startups.
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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 Perch
Perch has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Gutter Game, TruRemedy Naturals and Web Deals Direct. 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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Natural and organic skincare products are provided for various needs.
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2018 | ||||
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Social party games solutions are provided for event organization.
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2017 | ||||
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E-commerce support services are provided to online businesses.
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2014 |
| 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 - Perch
| 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 |
Perch Comparisons
Competitors of Perch
Perch 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 TechStyle, Thrasio, THG, SellerX and Merama, 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 |
Membership commerce solutions for fashion businesses are provided.
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| domain | founded_year | HQ Location |
Platform acquiring Amazon FBA brands
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| domain | founded_year | HQ Location |
Digital consumer brands are acquired and enabled by technology platform.
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| domain | founded_year | HQ Location |
Brands are acquired and managed for Amazon-based retailers.
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| domain | founded_year | HQ Location |
Platform acquiring eCommerce businesses
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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 Perch
Frequently Asked Questions about Perch
When was Perch founded?
Perch was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Perch located?
Perch is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Perch?
Mark Henderson is the current CEO of Perch.
Is Perch a funded company?
Perch is a funded company, having raised a total of $906.5M across 3 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on Apr 07, 2020.
What does Perch do?
Perch is recognized as a fast-growing commerce company focused on customer-centric solutions. Products are developed and evolved based on direct customer feedback, covering a wide range of home goods and baby products. Technology is utilized to define customer needs and ensure rapid delivery worldwide. Brands are accelerated globally through ownership and acquisition strategies.
Who are the top competitors of Perch?
Perch's top competitors include Mensa Brands, Thrasio and THG.
What products or services does Perch offer?
Perch offers Perch Products.
How many acquisitions has Perch made?
Perch has made 3 acquisitions, including Gutter Game, TruRemedy Naturals, and Web Deals Direct.
Who are Perch's investors?
Perch has 6 investors. Key investors include Razor Group, Victory Park Capital Advisors, SoftBank Vision Fund, Spark Capital, and Boston Seed Capital.
What is Perch's valuation?
The valuation of Perch is $1B as of May 2021.
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