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
*********
- 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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $3.9M
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First Round
First Round
(15 Feb 2006)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Series B - Perpetuum | Valuation | Finance Birmingham |
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| Jun, 2015 | Amount | Grant - Perpetuum | Valuation |
investors |
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| Jun, 2014 | Amount | Series B - Perpetuum | Valuation | Parkwalk |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Funding is provided for businesses in the West Midlands region.
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Founded Year | Domain | Location | |
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Tech companies are invested in by Parkwalk venture capital firm.
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Founded Year | Domain | Location | |
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Early-stage investments in tech and energy sectors are targeted.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Perpetuum
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Perpetuum
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Perpetuum Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Software solutions for rail logistics and trucking are provided.
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| domain | founded_year | HQ Location |
GPS fleet tracking and asset management solutions are provided.
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| domain | founded_year | HQ Location |
Provider of telematics, GPS & cloud-based fleet monitoring solutions for the rail freight industry
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| domain | founded_year | HQ Location |
AI-enabled monitoring and predictive diagnostics for railway assets are offered.
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| domain | founded_year | HQ Location |
Provider of fleet management systems
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Perpetuum
Frequently Asked Questions about Perpetuum
When was Perpetuum founded?
Perpetuum was founded in 2004 and raised its 1st funding round 2 years after it was founded.
Where is Perpetuum located?
Perpetuum is headquartered in Southampton, United Kingdom.
Who is the current CEO of Perpetuum?
Steve Turley is the current CEO of Perpetuum.
Is Perpetuum a funded company?
Perpetuum is a funded company, having raised a total of $17.76M across 5 funding rounds to date.
How many employees does Perpetuum have?
As of Jan 31, 2021, the latest employee count at Perpetuum is 64.
What is the annual revenue of Perpetuum?
Annual revenue of Perpetuum is $3.79M as on Mar 31, 2022.
What does Perpetuum do?
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.
Who are the top competitors of Perpetuum?
Perpetuum's top competitors include Bourque Logistics, RailPulse and Sascar.
Who are Perpetuum's investors?
Perpetuum has 7 investors. Key investors include IP Group, European Union, Hitachi Rail, Finance Birmingham, and Parkwalk.
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