What is Perryman & Associates?
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:
Debt
$150K
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.
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