What is Perch?
Perch specializes in interactive retail displays and an analytics cloud platform designed to optimize in-store shopper marketing. As a recognized leader in smart shelf technology, Perch empowers brick-and-mortar retailers to enhance merchandising strategies and drive sales. The company's innovative products aim to transform the retail environment into a dynamic and engaging journey for shoppers, thereby improving ROI, fostering brand loyalty, and elevating customer satisfaction. Perch was recently acquired by Raydiant, a move that is expected to further integrate its smart retail solutions into a broader digital customer experience platform.
How much funding has Perch raised?
Perch has raised a total of $4.3M across 5 funding rounds:
Angel/Seed
$1.1M
Private Equity
$1M
Angel/Seed
$1.7M
Debt
$150K
Debt
$330K
Angel/Seed (2015): $1.1M, investors not publicly disclosed
Private Equity (2016): $1M, investors not publicly disclosed
Angel/Seed (2018): $1.7M, investors not publicly disclosed
Debt (2020): $150K featuring PPP
Debt (2021): $330K backed by PPP
Key Investors in Perch
PPP
Public-Private Partnership
What's next for Perch?
Following its recent strategic investment and acquisition by Raydiant, Perch is strategically positioned to accelerate its product development and market penetration. The substantial enterprise-level funding indicates a strong investor confidence in Perch's vision to revolutionize the in-store retail experience through interactive technology and data analytics. Future initiatives will likely focus on expanding its smart shelf technology offerings, enhancing its analytics cloud capabilities, and integrating its solutions more deeply into Raydiant's existing ecosystem to provide a seamless and data-rich customer journey for retailers globally.
See full Perch company page
