# Perpetuum

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

- Industry: Software
- Headquarters: Southampton, UK
- Website: www.perpetuum.com
- Total disclosed funding: $21M
- Latest round: Series C (Jan 28, 2016)
- Investors on record: 8

## About

Perpetuum Ltd. specializes in providing innovative solutions that optimize operations for various industries, enhancing efficiency and streamlining processes for organizations of all sizes.Founded in 2004 in Southampton, UK, Perpetuum Ltd. focuses on delivering advanced operational solutions. The company has completed a total of 10 deals, with the most recent funding round occurring in August 2020, raising GBP 6.1 mn from Parkwalk Advisors. The current valuation of the company is GBP 30.01 mn. Nick Harris, the founder, has played a crucial role in guiding the company since its inception.Perpetuum Ltd. offers an array of innovative products tailored to specific challenges faced by diverse industries, enhancing operational efficiency. Their client base includes both small and medium-sized enterprises as well as larger corporations, with market segments spanning North America, Europe, and parts of Asia. Their products are designed with usability and integration in mind, continually evolving based on customer feedback and industry advancements.In 2022, Perpetuum Ltd. reported a revenue of GBP 3,793,652.90 and an EBITDA of GBP -10,164,422.80, indicating the financial dynamics of the company's operations.In August 2020, Hitachi, Ltd. agreed to acquire Perpetuum Ltd., with expectations for the deal to close in the autumn of that year. This acquisition is anticipated to bolster the company's capacity for product development and market expansion. Future strategies include designing new products aimed at enhancing the existing offerings and entering new geographic markets, leveraging the recent funding to support these initiatives.

## Funding rounds

- Series C, Jan 28, 2016, $2.8M — Albion Capital, Longview Innovation, Parkwalk Advisors, Wyvern Seed Fund
- Series C, May 1, 2014, $4.4M — Albion Capital, Longview Innovation, Parkwalk Advisors
- Series C, Feb 11, 2011, $2.5M — Quester Capital Management, ETF Partners, SPARK Ventures, Longview Innovation, Wyvern Seed Fund
- Series B, Oct 5, 2007, $8.2M — ETF Partners, SPARK Ventures, Longview Innovation
- Series A, Mar 2, 2006, $2.7M — Quester Capital Management, Longview Innovation, Sulis Innovation

## Investors

- Quester Capital Management (https://capitalatlas.ai/funds/quester-capital-management) — Series A, Series C
- Longview Innovation (https://capitalatlas.ai/funds/longview-innovation) — Series A, Series B, Series C
- Sulis Innovation — Series A
- ETF Partners (https://capitalatlas.ai/funds/etf-partners) — Series B, Series C
- SPARK Ventures — Series B, Series C
- Wyvern Seed Fund — Series C
- Albion Capital — Series C
- Parkwalk Advisors (https://capitalatlas.ai/funds/parkwalk-advisors) — Series C