Peritus

Palo Alto, United States Founded: 2017 • Age: 9 yrs
AI-based virtual assistant for IT operations automation is provided.

About Peritus

Peritus is a company based in Palo Alto (United States) founded in 2017 by Santhosh Srinivasan. Peritus has raised $5.4 million across 2 funding rounds from investors including Benhamou Global Ventures, First Rays Venture Partners and Hive Data. The company has 3 employees. Peritus operates in a competitive market with competitors including UiPath, Moveworks, HyperScience, Silo.AI and Automation Anywhere, among others.

  • Headquarter Palo Alto, United States
  • Employees 3
  • Founders Santhosh Srinivasan
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website peritus.ai
  • Social LinkedIn X Facebook
  • Legal Name Peritus Ai, Inc
Key Metrics
  • Total Equity Funding
    $5.4M (USD)

    in 2 rounds

  • Latest Funding Round
    $3.4M (USD), Seed

    Sep 2021

  • Investors
  • Employee Count
    3

Funding Insights of Peritus

Peritus has successfully raised a total of $5.4M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.4 million completed in September 2021. 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 $5.4M
  • Total Rounds 2
  • Last Round Seed β€” $3.4M
  • First Round $2M

    (Mar 2018)

  • Investors Count 4

All 2 funding rounds of Peritus with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2021$3.4MSeed–First Rays Venture Partners, Benhamou Global Ventures
–
Mar 2018$2MSeed–The Hive, Ideaspring Capital
–
Valuation history

4 investors in total: 4 institutional.

Investors in Peritus

Peritus has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Benhamou Global Ventures, First Rays Venture Partners and Hive Data.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
A specialized seed fund is operated for enterprise infrastructure startups.
–firstraysvc.com-
Venture capital firm investing in AI and cross-border enterprise startups from Silicon Valley.
2003benhamouglobalventures.comTel Aviv, Israel
Hive Data is engaged in co-creating AI-based startups.
–hivedata.comPalo Alto, United States
Early-stage investments are provided to technology startups by Ideaspring Capital.
–ideaspringcap.comBengaluru, India
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Investor details for Peritus

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People of Peritus

7 people are tracked at Peritus (6 in leadership, 1 in team); the tracked headcount is 3.

NameRoleGroup
Santhosh Srinivasan
Co-FounderLeadership
Mani Goulding
Chief Administrative Officer and Board MemberLeadership
Adrian Gonzalez Sanchez
Head of Customer SuccessLeadership
Dorea El-Sayed
Contract CFOLeadership
Amit Sridharan
Investor & Board DirectorLeadership
Mohan Reddy
Cofounder & Founding CTOLeadership
Amit Srivastava
Engineering LeaderTeam
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Timeline of Peritus

3 dated milestones of Peritus across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Peritus is founded.
  2. Funding First funding round of $2.0M.
  3. Funding Latest funding round, Seed, of $3.4M.

Competitors of Peritus

Peritus 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 UiPath, Moveworks, HyperScience, Silo.AI and Automation Anywhere, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
uipath.com2005Bucharest, Romania$1.96B3,868
Cloud-based robotic process automation software is developed and provided.
moveworks.com2016Mountain View, United States$305M–
Cloud based platform for employee communication
hyperscience.com2013New York, United States$438.88M153
Document processing is automated through AI-based robotic platforms.
silo.ai2017Helsinki, Finland$11.21M–
Provider of customized AI-powered solutions
automationanywhere.com2003San Jose, United States$840M735
An AI-based platform for robotic process automation is provided.
atomicwork.com2022San Francisco, United States$40.31M37
AI platform streamlines IT service management and employee experiences.
blueprism.com2001London, United Kingdom$30.5M276
Cloud-based platform for cognitive automation
sensely.com2013San Francisco, United States$26.48M9
Conversational AI platforms are developed for enterprise healthcare and insurance.
aisera.com2017Santa Clara, United States$150M–
AI agent platform for enterprise task automation is provided.
esker.com1985Middleton, United States–223
AI and cloud-enabled source-to-pay automation solutions are provided for businesses.
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Detailed competitors of Peritus

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Latest news on Peritus

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Similar companies to Peritus

10 companies that operate in the same segment as Peritus (IT Services & Operations), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud orchestration solutions are provided for multi-cloud and device applications.
1998Palo Alto, California, United StatesUSD 595.83 MUSD 812.05 M8,861
A cloud-based platform for incident management software is provided.
2009San Francisco, California, United StatesUSD 173.6 MUSD 492.55 M1,240
Unified IT management is delivered through a cloud-based platform.
2004Santa Clara, California, United StatesUSD 83.7 MUSD 13.28 B26,290
Cloud based platform offering IT operational data and security analytics software
2003San Francisco, California, United StatesUSD 40 MUSD 2.59 M108
Cloud-based enterprise management solutions including backup and recovery are provided.
2003Singapore, SingaporeUSD 658 M––
Cloud and application performance management platform is provided.
2010New York, New York, United StatesUSD 147.19 MUSD 2.68 B6,500
Converged data management solutions are provided for backup and recovery.
2014Palo Alto, California, United StatesUSD 553 MUSD 1.32 B3,200
IT backup and recovery solutions are provided via cloud platform.
2006Columbus, Ohio, United StatesUSD 1.04 B––
IT outsourcing services are delivered across multiple business lines.
2011Bengaluru, Karnataka, IndiaUSD 64.83 MUSD 246.74 M5,260
Analytics and digital solutions for healthcare and banking are provided.
1999New York, New York, United StatesUSD 10 MUSD 2.09 B59,500
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Frequently Asked Questions about Peritus

Peritus was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Peritus is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

Peritus is a funded company, having raised a total of $5.4M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Mar 2018.

Peritus has 3 employees.

Peritus was founded in 2017 in Palo Alto, United States, as a provider of AI-based virtual assistants for IT operations. Solutions are offered to automate incident categorization, assignment, and resolution suggestions within data centers, telecom networks, and industrial operations. Deep learning and natural language processing technologies are utilized, with integration into logging services and system management tools for analysis, monitoring, and prevention. Automated answers are found and posted on Slack.

Peritus's top competitors include Moveworks, UiPath and Atomicwork.

Peritus has 4 investors. Key investors include Benhamou Global Ventures, First Rays Venture Partners, Hive Data, and Ideaspring Capital.

Peritus operates through Peritus Ai, Inc.

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