Perfios, in its recent fundraising endeavor secured $229M, led by Kedaara Capital. A part of the fund also includes secondary sales, though the exact proportion remains undisclosed.
- Notable Collaborators: Support from backers includes Warburg Pincus and Bessemer Venture Partners. With this latest round, the company’s cumulative funding from primary and secondary transactions now stands at $384M.
- Market Buzz: Perfios, now valued at over $900M, has significantly multiplied the value of its secondary sales in the recent funding round. A representative from Perfios confirmed that the company’s valuation has surged by 120% since its previous round. (For context, Perfios was valued at $413 million post-money after securing about $82 million in February of the previous year.)
- Future Plans: With backing from influential private equity firms, Perfios is ambitiously eyeing a potential IPO, expected within the next 18 to 24 months.
- Perfios at Work: Perfios enables businesses to make informed loan decisions leveraging cutting-edge AI and machine learning technologies. They also offer digital scoring techniques that provide comprehensive assessments, granular breakdowns, and features for efficient credit risk evaluation.
Perfios’ successful fundraising comes at a time when securing investment can be challenging for many startups.