# Pei Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pei-technology

- Industry: Financial Services
- Headquarters: Los Angeles, US
- Website: www.getpei.com
- Total disclosed funding: $0.1M
- Latest round: Seed (Feb 6, 2019)
- Investors on record: 3

## About

Pei Technology Inc. specializes in innovative technological solutions designed to optimize efficiency across various industries. Their focus includes enhancing user experience through advanced products and services tailored for diverse business needs.Founded in 2017 and headquartered in Los Angeles, US, Pei Technology Inc. develops technology solutions that cater to specific market needs. The company's founder, Tom Bachar, has previously been involved in other ventures. Pei Technology has completed a total of 2 deals, with its most recent deal occurring on February 6, 2019. The company raised USD 100,000 in Seed funding led by Sputnik ATX, bringing its total amount raised to USD 100,000.Pei Technology offers a variety of innovative products aimed at addressing specific market needs. Their core focus is on delivering advanced solutions that enhance productivity, improve operational efficiency, and provide unique value to clients. The company serves businesses primarily across North America and Europe, with a target on sectors such as technology, healthcare, and manufacturing. Their clientele includes small to medium-sized enterprises looking for tailored solutions as well as larger corporations aiming to innovate and optimize workflows.Pei Technology operates a revenue model based on subscription services and direct sales. Clients typically engage through a subscription-based pricing plan, granting access to the company's suite of products and services regularly. This structure not only ensures predictable revenue streams but also fosters long-term relationships with customers who receive ongoing updates and support. The company also offers partnership opportunities for businesses interested in integrating its products into their service offerings, ensuring flexibility and scalability in revenue generation.Pei Technology plans to leverage its recent Seed funding to expand its product offerings and enhance development efforts. The company is focusing on launching new products tailored for the technology and healthcare sectors, with specific release dates to be announced. Additionally, Pei Technology is targeting expansion into new geographic markets in Europe and South America by the end of 2023, aiming to broaden its customer base and increase market presence. The Seed funding will support these initiatives, facilitating product development and market entry strategies.

## Funding rounds

- Seed, Feb 6, 2019 — Watertower Ventures, TQ Ventures
- Seed, Jan 18, 2018, $0.1M — Sputnik ATX

## Investors

- Sputnik ATX (https://capitalatlas.ai/funds/sputnik-atx) — Seed
- Watertower Ventures (https://capitalatlas.ai/funds/watertower-ventures) — Seed
- TQ Ventures (https://capitalatlas.ai/funds/tq-ventures) — Seed
