About Pirimidtech
Pirimidtech is a company based in Ahmedabad (India) founded in 2017 by Nirav Prajapati. Pirimidtech has raised $3.01 million across 1 funding round from investors including Infibeam Avenues. The company has 55 employees as of March 23, 2024. Pirimidtech offers products and services including Hedge Fund Solution and Digital Lending.
- Headquarter Ahmedabad, India
- Employees 55 as on 23 Mar, 2024
- Founders Nirav Prajapati
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Sectors
Financial Services
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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 Pirimid Technologies Limited
- Date of Incorporation 03 Dec, 2020
- Jurisdiction Ahmadabad City, Gujarat, India
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Annual Revenue
$1.66 M (USD)39.18as on Mar 31, 2023
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Net Profit
$153.13 K (USD)12.18as on Mar 31, 2023
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EBITDA
$235.8 K (USD)16.04as on Mar 31, 2023
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Total Equity Funding
$3.01 M (USD)
in 1 rounds
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Latest Funding Round
$3.01 M (USD), Seed
Dec 24, 2023
- Investors
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Employee Count
55
as on Mar 23, 2024
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Products & Services of Pirimidtech
Pirimidtech offers a comprehensive portfolio of products and services, including Hedge Fund Solution and Digital Lending.
Solutions for automating hedge fund operations are provided to enhance trade insights and reduce costs.
End-to-end digital lending processes are offered for streamlined loan approvals and disbursals.
Funding Insights of Pirimidtech
Pirimidtech has successfully raised a total of $3.01M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.01 million completed in December 2023. 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 1
- Last Round Seed — $3.0M
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First Round
First Round
(24 Dec 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Seed - Pirimidtech | Valuation | Infibeam Avenues |
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Investors in Pirimidtech
Pirimidtech has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Infibeam Avenues.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Digital payment solutions and enterprise software platforms are provided.
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Founded Year | Domain | Location |
Investments & Acquisitions by Pirimidtech
Financial Statements - Pirimidtech
Pirimidtech Comparisons
Competitors of Pirimidtech
Latest news on Pirimidtech
Frequently Asked Questions about Pirimidtech
Pirimidtech was founded in 2017 and raised its 1st funding round 6 years after it was founded.
Pirimidtech is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Nirav Prajapati is the current CEO of Pirimidtech. They have also founded this company.
Pirimidtech is a funded company, having raised a total of $3.01M across 1 funding round to date. The company's 1st funding round was a Seed of $3.01M, raised on Dec 24, 2023.
As of Mar 23, 2024, the latest employee count at Pirimidtech is 55.
Annual revenue of Pirimidtech is $1.66M as on Mar 31, 2023.
Provider of software development and consulting services for financial institutions. They offer solutions across various areas including capital markets, hedge fund management, robo-advisory platforms, open banking, digital lending, and the implementation of generative AI. Services encompass the full software development lifecycle, from initial design and architecture to deployment and ongoing maintenance. Their expertise includes areas such as algorithmic trading, risk management, and the development of mobile banking applications. The company works collaboratively with clients, integrating seamlessly with existing teams to deliver tailored solutions.
Pirimidtech offers Hedge Fund Solution and Digital Lending.
Pirimidtech has 1 investor. Key investors include Infibeam Avenues.