About Performant
Performant is a Telecommunications company based in Bristol (United Kingdom) founded in 1999, and was acquired by Mercury in June 2003. Provider of contracted-out business services across multiple sectors. Performant has raised $7.2 million across 1 funding round from investors including Mercury, Madrona and Alexander Hutton. Its focus areas include Telecom, Telecom Infrastructure, Telecom Operation and Maintenance and System Integrators. Its legal entity is Maine Potato Growers, Inc.
Company details
Performant was founded in 1999 and is headquartered in Bristol, United Kingdom. Services are delivered in the business process outsourcing sector, covering strategy, transformation, technology, digital solutions, network, and communications support. Further areas include customer management, finance, legal, human resources, marketing, sales, regulatory compliance, property, administrative functions, business processes, operations, and support systems. These offerings extend across various industries with a focus on operational efficiency.
- Headquarters Bristol, United Kingdom
- Stage Acquired
- SectorsTelecommunications
- Email••••••••
- Phone•••• ••••
- Website performant.com
- Acquired by Mercury (Jun 2003)
- Legal Name Maine Potato Growers, Inc
Funding Insights of Performant
Performant has successfully raised a total of $7.2M through 1 strategic funding round. The most recent funding activity was a Series B round of $7.2 million completed in November 2001. 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 $7.2M
- Total Rounds 1
- Last Round Series B — $7.2M
- First Round $7.2M
(Nov 2001)
- Investors Count 3
All 1 funding rounds of Performant with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2001 | $7.2M | Series B | – | – |
4 investors in total: 4 institutional.
Investors in Performant
Performant has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Mercury, Madrona and Alexander Hutton.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond. | madrona.com | |||
Early-stage venture capital is provided to US companies across sectors. | wrfseattle.org | Seattle, United States | ||
Investment banking services are provided by Alexander Hutton. | alexanderhutton.com | Seattle, United States | ||
Online business banking and financial workflow tools are provided. | 2010 | mercury.com | San Francisco, United States |
Investor details for Performant
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Performant
3 dated milestones of Performant across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Performant is founded.
- Funding First funding round of $7.2M.
- Exit Acquired by Mercury.
Web traffic of Performant
The website of Performant (performant.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▼ 18% vs previous month
Websites whose visitors overlap most with Performant. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| performantcorp.com | 95% | View details |
Top companies in Telecom Infrastructure
3 companies that operate in the same segment as Performant (Telecom Infrastructure) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
IP networks and VoIP telephony are provided to wholesale customers. | 1998 | London, England, United Kingdom | USD 1.73 B | |||
Integrated manufacturing services provider for diverse markets | 1919 | London, England, United Kingdom | USD 1.23 B | 7,125 | ||
Broadcast, utility, and satellite data communication infrastructure is operated. | 2005 | Winchester, United Kingdom |
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Frequently Asked Questions about Performant
Performant was founded in 1999 and raised its 1st funding round 2 years after it was founded.
Performant is headquartered in Bristol, United Kingdom. It is registered at Bristol, England, United Kingdom.
Performant is a funded company, having raised a total of $7.2M across 1 funding round to date. The company's 1st funding round was a Series B of $7.2M, raised on Nov 2001.
Performant was founded in 1999 and is headquartered in Bristol, United Kingdom. Services are delivered in the business process outsourcing sector, covering strategy, transformation, technology, digital solutions, network, and communications support. Further areas include customer management, finance, legal, human resources, marketing, sales, regulatory compliance, property, administrative functions, business processes, operations, and support systems. These offerings extend across various industries with a focus on operational efficiency.
Performant has 4 investors. Key investors include Mercury, Madrona, Alexander Hutton, and Washington Research Foundation.
Performant operates through Maine Potato Growers, Inc.
Yes. Performant was acquired by Mercury in June 2003.