Performant

Bristol, United Kingdom Founded: 1999 • Age: 27 yrs Acquired By Mercury
Provider of contracted-out business services across multiple sectors
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About Performant

Performant is a company based in Bristol (United Kingdom) founded in 1999 was acquired by Mercury in June 2003.. Performant has raised $7.2 million across 1 funding round from investors including Mercury, Madrona and Alexander Hutton.

  • Headquarter Bristol, United Kingdom
  • Sectors
    Telecommunications
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Legal Name Maine Potato Growers, Inc
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $7.2 M (USD)

    in 1 rounds

  • Latest Funding Round
    $7.2 M (USD), Series B

    Nov 21, 2001

  • Investors
    Mercury

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    Mercury

    (Jun 01, 2003)

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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
  • Total Rounds 1
  • Last Round Series B — $7.2M
  • First Round

    (21 Nov 2001)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2001 Amount Series B - Performant Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. 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.

All
Venture Fund
Institutional
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.
Founded Year Domain Location
Early-stage venture capital is provided to US companies across sectors.
Founded Year Domain Location
Investment banking services are provided by Alexander Hutton.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Performant

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Performant

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Performant Comparisons

Employees
+
Add Comparison
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Competitors of Performant

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Performant

Frequently Asked Questions about Performant

When was Performant founded?

Performant was founded in 1999 and raised its 1st funding round 2 years after it was founded.

Where is Performant located?

Performant is headquartered in Bristol, United Kingdom. It is registered at Bristol, England, United Kingdom.

Is Performant a funded company?

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 21, 2001.

What does Performant do?

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.

Who are Performant's investors?

Performant has 4 investors. Key investors include Mercury, Madrona, Alexander Hutton, and Washington Research Foundation.

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