PervasID
Latest round
- Series A
Last raised
- Jul 2018
Total raised
- $3M
Investors
- 4
About PervasID
Based in the UK, PervasID Ltd.PervasID Ltd. is focused on developing passive RFID solutions that enhance inventory management systems. Founded in 2011, the company is headquartered in Cambridge, UK. The company was established by Sabesan Fiet, who has a history of innovation in technology sectors.PervasID specializes in advanced passive RFID reader solutions, with its flagship product being the TrackMaster system. This technology offers near 100% accuracy in item-level inventory management, designed to operate effectively even in challenging environments where tags are densely packed or in motion. The TrackMaster system provides fixed overhead passive UHF RAIN RFID readers that cover an expansive area of over 2500 square feet with a single unit, drastically reducing the need for multiple readers. The solution is particularly beneficial for industries like retail and healthcare, as it eliminates manual scanning processes, streamlining operations and enhancing efficiency.PervasID’s revenue model is centered on direct business-to-business transactions primarily within the retail and healthcare sectors. Clients purchase the TrackMaster RFID systems, which may include ongoing support and integration services through a simple API model for seamless compatibility with existing inventory management systems. The company engages in long-term partnerships with its clients, ensuring they achieve operational efficiency and a return on investment typically within 12 months. PervasID’s revenue is generated from the sales of these RFID systems, along with potential service agreements for installation and maintenance, tailored to meet the specific needs of each client.In April 2025, PervasID Ltd. The company plans to enhance its product line and is targeting new markets specifically in North America and other regions to increase its footprint in the RFID solutions industry.
Who invested in PervasID
4 investors across 2 rounds
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Questions about PervasID
Who invested in PervasID?
PervasID has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has PervasID raised?
PervasID has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did PervasID last raise money?
PervasID's most recent round on record is a Series A, in Jul 2018.
What does PervasID do?
PervasID is a software company.
Where is PervasID headquartered?
PervasID is headquartered in Cambridge, UK.
Which VCs invest in companies like PervasID?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at PervasID's stage. Their profiles are linked below.
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