# PerchPeek

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/perchpeek

- Industry: Internet
- Headquarters: London, UK
- Website: www.perchpeek.com
- Total disclosed funding: $13M
- Latest round: Series A (Jan 14, 2022)
- Investors on record: 3

## About

PerchPeek Limited offers a technology-driven platform for employee relocations, streamlining the process through a user-friendly app that addresses various relocation needs.Founded in 2017, PerchPeek Limited is headquartered in London, UK, and focuses on providing comprehensive relocation solutions. The company's founders, Ace Vinayak and Paul Bennett, sought to enhance employee mobility through innovative technology. PerchPeek has engaged in 4 deals, with its most recent funding round occurring on January 14, 2022. During this round, the firm raised GBP 7.60 million in Series A funding, co-led by AlbionVC and Stage 2 Capital. The total amount raised by the company to date is GBP 7.60 million, with a current company valuation of GBP 38.626 million.PerchPeek specializes in providing a comprehensive technology-driven solution for employee relocations, facilitating the entire relocation process through its award-winning app. The core product offerings include visa organization, home finding assistance, expense management, and coaching support, all aimed at simplifying and enhancing the relocation experience for employees. The company serves a diverse client base, including global corporations and HR departments seeking to improve their employee mobility programs. Users of PerchPeek's services are typically employees undergoing relocation for work purposes, with support tailored to individual needs. PerchPeek's solutions are available across multiple geographical markets, focusing on regions such as Europe, North America, and Asia, thereby ensuring a broad reach and compatibility with various relocation requirements.PerchPeek generates revenue primarily through its subscription-based model, where corporate clients pay for access to its comprehensive mobility management platform. This revenue structure facilitates end-to-end relocations for clients at a reduced cost compared to traditional relocation companies. Clients engage in transactions that include service packages covering various aspects of the relocation process, such as home finding and expense management, tailored to fit their specific needs. The company offers competitive pricing that reflects its positioning as a cost-effective alternative, with services potentially costing up to 70% less than competitors. This pricing strategy aims to attract organizations looking to streamline their relocation processes while enhancing employee satisfaction and engagement.In January 2022, PerchPeek Limited raised GBP 7.60 million in Series A funding, which will be utilized to grow an app development team to further improve the user experience. The company plans to enhance its existing technology and expand its offerings. Additionally, PerchPeek is focused on targeting new geographic markets in Europe, North America, and Asia, aiming for expansion by 2023 to better serve its diverse client base and improve employee relocation experiences.

## Funding rounds

- Series A, Jan 14, 2022, $10M — AlbionVC, Stage 2 Capital
- Seed, Dec 30, 2020, $2.7M — Episode 1 Ventures

## Investors

- Episode 1 Ventures (https://capitalatlas.ai/funds/episode-1-ventures) — Seed
- AlbionVC — Series A
- Stage 2 Capital — Series A