How Much Did Perryman & Associates Raise?
Funding & Key Investors

Perryman & Associates has solidified its market position through a series of strategic debt financing rounds, culminating in a total capital infusion of $427K. The most recent injection of $277K underscores the firm's commitment to scaling its proprietary software ecosystem and managed services division. By securing this significant backing, the organization is well-positioned to accelerate its growth trajectory within the competitive landscape of small-to-mid-sized business accounting solutions.

This latest financial milestone reflects a deliberate strategy to leverage debt instruments to fuel operational expansion. Since its inception in 1993, the firm has demonstrated consistent fiscal discipline, transitioning from a traditional accounting consultancy into a multifaceted provider of integrated software platforms. The current funding environment highlights the company's ability to attract institutional support while maintaining a focus on long-term value creation for its diverse client base.

What is Perryman & Associates?

Perryman & Associates
Business ServicesSoftware TestingEnterprise Resource Planning (ERP)

Perryman & Associates operates as a comprehensive provider of accounting and workforce management solutions, catering primarily to the SMB sector. The company distinguishes itself through a dual-pronged approach: offering implementation and support for established platforms like Acumatica and Sage, while simultaneously developing its own proprietary software, LightWork. This internal product suite, which encompasses time tracking and performance management modules, allows the firm to offer a highly integrated experience that bridges the gap between financial accounting and human capital management. By providing Sage Cloud Hosting and managed services, Perryman & Associates acts as a critical infrastructure partner for businesses seeking to streamline complex operational workflows and improve organizational efficiency.

How much funding has Perryman & Associates raised?

Perryman & Associates has raised a total of $427K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$277K

Debt (2020): $150K with participation from PPP

Debt (2021): $277K led by PPP

Key Investors in Perryman & Associates

PPP

Public-Private Partnership

What's next for Perryman & Associates?

With the recent capital deployment, Perryman & Associates is poised to deepen its investment in the LightWork software ecosystem, likely focusing on feature expansion and cloud-native capabilities. The strategic roadmap suggests a continued emphasis on enhancing the interoperability between its proprietary tools and the broader Sage and Acumatica environments. As the firm navigates the complexities of the late-stage growth phase, management will likely prioritize market penetration within the mid-market segment, leveraging its established reputation for reliability and technical expertise. Future initiatives may include the integration of advanced analytics or automated compliance features, further cementing the company's role as an essential operational backbone for its clients.

See full Perryman & Associates company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Business Services industry

Business ServicesSoftware TestingDocument Management
Advertising NetworksBusiness Services
Business ServicesProject ManagementAdvertising Networks
Accounting for Legal PracticesBusiness Services

Frequently Asked Questions Regarding Perryman & Associates Financial Insights

What are the most recent funding rounds that Perryman & Associates has completed, and what were the funding rounds?
Perryman & Associates has recently completed 2 funding rounds: Debt on Mar 12, 2021, Debt on Apr 14, 2020.
What is the total amount of funding Perryman & Associates has raised to date?
Perryman & Associates has raised a total of $427K in funding to date.
How many funding rounds has Perryman & Associates completed?
Perryman & Associates has completed 2 funding rounds.
How much funding did Perryman & Associates raise in its most recent funding round?
Perryman & Associates raised $277K in its most recent funding round.
Who are the lead investors in Perryman & Associates's latest funding round?
The lead investor in Perryman & Associates's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Perryman & Associates's history?
The largest funding round in Perryman & Associates's history was $277K.
See more information about Perryman & Associates