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
- SectorsAgricultureEnvironment
- Email••••••••
- Website perennial.earth
- Social LinkedIn X
- Legal Name Perennial, Inc.
- Total Equity Funding$24M (USD)
in 2 rounds
- Latest Funding Round$18M (USD), Series A
May 2022
- InvestorsMicrosoft
& 4 more
Products & Services of Perennial
Perennial offers a comprehensive portfolio of products and services, including MMRV Solution and Verra Digital Soil Mapping Tool (VT0014).
Field-level emissions reductions are measured, monitored, reported, verified.
Soil organic carbon is quantified using digital mapping.
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 $24M
- Total Rounds 2
- Last Round Series A — $18M
- First Round $6M
(Jun 2020)
- Investors Count 5
All 2 funding rounds of Perennial with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
5 investors in total: 5 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
An investment platform is provided for diverse sectors and geographies. | 1974 | temasek.com.sg | Singapore, Singapore | |
US focused early stage VC firm | – | sinewave.vc | Mclean, United States | |
Venture capital is invested in climate tech startups and entrepreneurs. | – | climatecapital.co | San Francisco, United States | |
Provider of financial data to enterprises | 1981 | bloomberg.com | New York, United States | |
Microsoft is recognized for software, hardware, and gaming solutions. | 1975 | microsoft.com | Redmond, United States |
Investor details for Perennial
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Perennial
12 people are tracked at Perennial (8 in leadership, 2 in board & advisors, 2 in team).
| Name | Role | Group |
|---|---|---|
David Schurman | Co-Founder & CTO | Leadership |
Oleksiy Zhuk | Co-Founder & CTO | Leadership |
Jack Roswell | Co-Founder & CEO | Leadership |
Juan Diego Carluccio | Vice President Of Commercial | Leadership |
Kirk Demuth | Senior Director Of Operations | Leadership |
Pooja Nair | Head Of Product | Leadership |
Kendra Peters | Head Of People Operations | Leadership |
Jim Kellner | Chief Scientist | Leadership |
Jaymin Patel | Executive Chairman | Board & advisors |
Sebastien Pascual | Board Member | Board & advisors |
Mitchell Donovan | Senior Agroecosystem Scientist | Team |
Jack DiCintio | Senior Software Engineer | Team |
Complete people profiles for Perennial
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Timeline of Perennial
3 dated milestones of Perennial across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Perennial is founded.
- Funding First funding round of $6.0M.
- Funding Latest funding round, Series A, of $18.0M.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| regrow.ag | 2016 | Durham, United States | $60.75M | 103 | Cloud-based solutions for crop management and analytics are offered. | |
| boomitra.com | 2017 | San Mateo, United States | $4M | 32 | Carbon capture is estimated using satellites and AI for farmers. | |
| mittilabs.earth | 2023 | Bengaluru, India | $3M | 31 | Crop analytics solutions are provided using AI and satellite imagery. | |
| ryzo.earth | 2018 | Footscray, Australia | $50M | – | Soil carbon management solutions are delivered via a specialized platform. | |
| ruuts.la | 2021 | Buenos Aires, Argentina | – | 12 | Supports regenerative agriculture programs for carbon credits and farmer productivity. | |
| treeo.one | 2021 | Stuttgart, Germany | – | – | Provides carbon removal services and tech for companies and growers worldwide. | |
| fieldobservatory.org | 2020 | Helsinki, Finland | – | – | Researches and monitors carbon storage in plants, soil, and ecosystems for sustainable land use. | |
| arkofsustainability.com | 2024 | Chennai, India | – | – | SaaS platform providing sustainability services for businesses, including GHG and supply chain analysis. |
Detailed competitors of Perennial
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Perennial
The website of Perennial (perennial.earth) receives about 5.5K visits a month.
- Monthly visits5.5K
▼ 4.4% vs previous month
Latest news on Perennial
Complete news archive for Perennial
Full article history, source details, and older brand coverage require an active premium plan.
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Similar companies to Perennial
10 companies that operate in the same segment as Perennial (Crop Tech & Equipment), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Cannabis products are provided to support consumer wellness and health. | 2013 | Smiths Falls, Ontario, Canada | – | USD 204.24 M | 960 | |
Provider of plant-based food ingredients | 2012 | St. Louis, Missouri, United States | USD 406.99 M | USD 470 M | – | |
Robotic equipment for automating weeding on vegetable farms is developed. | 2016 | San Francisco, California, United States | USD 139.96 M | – | 73 | |
Provider of farmers networking platform | 2014 | San Carlos, California, United States | USD 983.39 M | – | – | |
Manufacturer and distributor of irrigation equipment | 1963 | Jalgaon, Maharashtra, India | – | USD 679.04 M | 12,280 | |
AgroStar is engaged in providing agricultural products and solutions. | 2013 | Pune, Maharashtra, India | USD 208.82 M | USD 31.86 M | 1,249 | |
Crop protection solutions and hybrid seeds are provided for farming. | 2000 | Basel, Basel-stadt, Switzerland | – | – | – | |
SaaS-based B2B solutions for food supply chains are provided. | 2015 | Gurugram, Haryana, India | USD 51.11 M | USD 124.42 M | 373 | |
DeHaat is recognized as an online marketplace for farmers. | 2012 | Patna, Bihar, India | USD 223.57 M | USD 240.09 M | 2,011 |
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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. The company's 1st funding round was a Seed of $6M, raised on Jun 2020.
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 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.
Perennial operates through Perennial, Inc..