About Perennial
Perennial is a company based in Boulder (United States) founded in 2018 by David Schurman, Oleksiy Zhuk, and Jack Roswell. It operates as a SaaS (Software-as-a-Service), and Professional Services. Perennial has raised $24 million across 2 funding rounds from investors including Microsoft, Bloomberg and Temasek. Perennial offers products and services including MMRV Solution and Verra Digital Soil Mapping Tool (VT0014). Perennial operates in a competitive market with competitors including Regrow, Boomitra, MittiLabs, Ryzo and Ruuts, among others.
- Headquarter Boulder, United States
- Founders David Schurman, Oleksiy Zhuk, Jack Roswell
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Sectors
AgricultureEnvironment
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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 Perennial, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$24 M (USD)
in 2 rounds
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Latest Funding Round
$18 M (USD), Series A
May 16, 2022
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Investors
Microsoft
& 4 more
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Employee Count
Employee Count
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Products & Services of Perennial
Perennial offers a comprehensive portfolio of products and services, including MMRV Solution and Verra Digital Soil Mapping Tool (VT0014). 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.
Field-level emissions reductions are measured, monitored, reported, verified.
Soil organic carbon is quantified using digital mapping.
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Funding Insights of Perennial
Perennial has successfully raised a total of $24M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $18 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 2
- Last Round Series A — $18.0M
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First Round
First Round
(22 Jun 2020)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series A - Perennial | Valuation | Temasek , Bloomberg | |
| Jun, 2020 | Amount | Seed - Perennial | 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 Perennial
Perennial has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Microsoft, Bloomberg and Temasek. 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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An investment platform is provided for diverse sectors and geographies.
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US focused early stage VC firm
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Founded Year | Domain | Location | |
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Venture capital is invested in climate tech startups and entrepreneurs.
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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 Perennial
| 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 - Perennial
| 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 |
Perennial Comparisons
Competitors of Perennial
Perennial 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 Regrow, Boomitra, MittiLabs, Ryzo and Ruuts, 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 |
Cloud-based solutions for crop management and analytics are offered.
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| domain | founded_year | HQ Location |
Carbon capture is estimated using satellites and AI for farmers.
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| domain | founded_year | HQ Location |
Crop analytics solutions are provided using AI and satellite imagery.
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| domain | founded_year | HQ Location |
Soil carbon management solutions are delivered via a specialized platform.
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| domain | founded_year | HQ Location |
Supports regenerative agriculture programs for carbon credits and farmer productivity.
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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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Frequently Asked Questions about Perennial
When was Perennial founded?
Perennial was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Perennial located?
Perennial is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.
Who is the current CEO of Perennial?
Jack Roswell is the current CEO of Perennial. They have also founded this company.
Is Perennial a funded company?
Perennial is a funded company, having raised a total of $24M across 2 funding rounds to date. The company's 1st funding round was a Seed of $6M, raised on Jun 22, 2020.
What does Perennial do?
Perennial is engaged in delivering measurement, monitoring, reporting, and verification (MMRV) solutions for field-level emissions reductions and carbon removal globally. The company operates in the environmental technology sector, supporting carbon crediting and sustainability programs aligned with standards like Verra, Gold Standard, and SBTi FLAG. Solutions are provided for Scope 3 carbon projects and carbon market optimization, with tools like the Verra-approved VT0014 for digital soil mapping. Efforts are made to reduce soil sampling costs and uncertainty while maximizing carbon sequestration potential in land management.
Who are the top competitors of Perennial?
What products or services does Perennial offer?
Perennial offers MMRV Solution and Verra Digital Soil Mapping Tool (VT0014).
Who are Perennial's investors?
Perennial has 5 investors. Key investors include Microsoft, Bloomberg, Temasek, SineWave Ventures, and Climate Capital.
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