What is Perry Videx?
Established in 1932, Perry Videx operates as a cornerstone in the industrial process machinery sector, specializing in the procurement and distribution of high-quality used equipment. The company serves a diverse array of critical industries, including chemical, pharmaceutical, food, plastics, and paper manufacturing. With an inventory exceeding 10,000 items, Perry Videx provides a cost-effective alternative to new machinery, offering savings of up to 70%. Their value proposition is further enhanced by comprehensive refurbishment services and a robust global logistics network, ensuring that clients can optimize their capital expenditure without compromising on operational integrity.
How much funding has Perry Videx raised?
Perry Videx has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Perry Videx
PPP
Public-Private Partnership
What's next for Perry Videx?
With the successful closure of this late-stage funding, Perry Videx is positioned to accelerate its digital transformation and inventory management capabilities. The strategic allocation of this capital will likely focus on scaling its refurbishment facilities and enhancing its global supply chain reach to meet the rising demand for sustainable, cost-efficient industrial solutions. As the manufacturing sector continues to prioritize circular economy practices, Perry Videx is well-equipped to capture additional market share by providing reliable, refurbished process machinery to a global client base, thereby reinforcing its status as a leader in the industrial equipment lifecycle management space.
See full Perry Videx company page
