About Perpetuum
Perpetuum is a company based in Southampton (United Kingdom) founded in 2004 was acquired by Hitachi Rail in August 2020. Perpetuum has raised $17.76 million across 5 funding rounds from investors including IP Group, European Union and Hitachi Rail. The company has 64 employees as of January 31, 2021. Perpetuum operates in a competitive market with competitors including Bourque Logistics, BSM Technologies, RailPulse, WI-TRONIX and Sascar, among others.
- Headquarter Southampton, United Kingdom
- Employees 64 as on 31 Jan, 2021
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Perpetuum Limited
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Annual Revenue
$3.79 M (USD)159as on Mar 31, 2022
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Net Profit
-$10.9 M (USD)-670as on Mar 31, 2022
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EBITDA
-$10.9 M (USD)-705as on Mar 31, 2022
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Total Equity Funding
$17.76 M (USD)
in 5 rounds
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Latest Funding Round
$3.94 M (USD), Series B
Aug 02, 2018
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Investors
IP Group
& 6 more
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Employee Count
64
as on Jan 31, 2021
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Acquired by
Hitachi Rail
(Aug 11, 2020)
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Funding Insights of Perpetuum
Perpetuum has successfully raised a total of $17.76M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $3.94 million completed in August 2018. 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 Perpetuum
Perpetuum has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include IP Group, European Union and Hitachi Rail.
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Funding is provided for businesses in the West Midlands region.
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Tech companies are invested in by Parkwalk venture capital firm.
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Early-stage investments in tech and energy sectors are targeted.
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Investor details for Perpetuum
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Investments & Acquisitions by Perpetuum
Investment portfolio details for Perpetuum
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Financial Statements - Perpetuum
Detailed financials for Perpetuum
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Perpetuum Comparisons
Peer comparison for Perpetuum
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Competitors of Perpetuum
Perpetuum 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 Bourque Logistics, BSM Technologies, RailPulse, WI-TRONIX and Sascar, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Software solutions for rail logistics and trucking are provided.
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GPS fleet tracking and asset management solutions are provided.
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Provider of telematics, GPS & cloud-based fleet monitoring solutions for the rail freight industry
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AI-enabled monitoring and predictive diagnostics for railway assets are offered.
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Provider of fleet management systems
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Detailed competitors of Perpetuum
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Latest news on Perpetuum
Complete news archive for Perpetuum
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Frequently Asked Questions about Perpetuum
Perpetuum was founded in 2004 and raised its 1st funding round 2 years after it was founded.
Perpetuum is headquartered in Southampton, United Kingdom.
Steve Turley is the current CEO of Perpetuum.
Perpetuum is a funded company, having raised a total of $17.76M across 5 funding rounds to date.
As of Jan 31, 2021, the latest employee count at Perpetuum is 64.
Annual revenue of Perpetuum is $3.79M as on Mar 31, 2022.
Perpetuum provides wireless monitoring solutions for the railway industry. The solution comprises of Nodes for data collection (powered by micro-generator that harvest vibration), Gateways for data transmission, and web applications for data visualizationaccess. The solution enables vibrational analysis for railway assets, track monitoring, and locomotivewagon monitoring. Uses cases include monitoring of rail or other industrial assets. The company has also won multiple accolades including the 2016 Modern Railways Innovation of the Year - Industry partnership and the 2014 Modern Railways Innovation of the Year - Engineering and Design.
Perpetuum's top competitors include Bourque Logistics, RailPulse and Sascar.
Perpetuum has 7 investors. Key investors include IP Group, European Union, Hitachi Rail, Finance Birmingham, and Parkwalk.