Perennial

Boulder, United States Founded: 2018 • Age: 8 yrs
Soil carbon is estimated and removed through an online platform.
Annual revenue - Latest available
Total funding $24.0M 2 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

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
  • Sectors
    Agriculture
    Environment
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Perennial, Inc.
Operational Areas
Agriculture → Agricultural Technology & Innovation Unlock Sub-Sector Unlock Segment
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $24 M (USD)

    in 2 rounds

  • Latest Funding Round
    $18 M (USD), Series A

    May 16, 2022

  • Investors
    Microsoft

    & 4 more

  • Employee Count
    Not available
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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).

Product name locked
Category locked
Primary

Field-level emissions reductions are measured, monitored, reported, verified.

Product name locked
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Soil organic carbon is quantified using digital mapping.

People of Perennial

Headcount 10-50
Employee Profiles 11
Board Members and Advisors 2
Employee Profiles
People
David Schurman
Co-founder, Chief Product Officer
People
Juan Diego Carluccio
Vice President Of Commercial
People
Mitchell Donovan
Senior Agroecosystem Scientist
People
Pooja Nair
Head Of Product

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Board Members and Advisors
people
Jaymin Patel
Executive Chairman

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
An investment platform is provided for diverse sectors and geographies.
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US focused early stage VC firm
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Venture capital is invested in climate tech startups and entrepreneurs.
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Investor details for Perennial

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Investments & Acquisitions by Perennial

Investments
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Investment portfolio details for Perennial

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  • Transaction dates
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Financial Statements - Perennial

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Detailed financials for Perennial

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  • Profit trends
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Perennial Comparisons

Perennial Primary company
Description
Soil carbon is estimated and removed through an online platf...
Location
Boulder, United States
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Perennial

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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.

Company Name Domain Founded year HQ Location Description
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Cloud-based solutions for crop management and analytics are offered.
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Carbon capture is estimated using satellites and AI for farmers.
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Crop analytics solutions are provided using AI and satellite imagery.
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Soil carbon management solutions are delivered via a specialized platform.
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Supports regenerative agriculture programs for carbon credits and farmer productivity.
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Detailed competitors of Perennial

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Latest news on Perennial

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Complete news archive for Perennial

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  • Source and publication date
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Frequently Asked Questions about Perennial

Perennial was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Perennial is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.

Jack Roswell is the current CEO of Perennial. They have also founded this company.

Perennial is a funded company, having raised a total of $24M across 2 funding rounds to date.

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.

Perennial's top competitors include Regrow, MittiLabs and Boomitra.

Perennial offers MMRV Solution and Verra Digital Soil Mapping Tool (VT0014).

Perennial has 5 investors. Key investors include Microsoft, Bloomberg, Temasek, SineWave Ventures, and Climate Capital.

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