What is PervasID?
Headquartered in Cambridge, UK, with an international footprint spanning Japan and the US, PervasID specializes in advanced passive RFID technology. The company's flagship TrackMaster series is engineered to deliver near 100% accuracy in inventory tracking, effectively eliminating the need for labor-intensive manual scanning processes. By providing granular, real-time visibility into asset movement, PervasID enables organizations to optimize stock levels, reduce shrinkage, and streamline complex logistics workflows. The company serves as a pivotal player in the digital transformation of physical inventory management, catering to high-stakes environments that demand uncompromising data integrity and seamless integration with existing enterprise resource planning systems.
How much funding has PervasID raised?
PervasID has raised a total of $4.1M across 1 funding round:
Other Financing Round
$4.1M
Other Financing Round (2024): $4.1M with participation from Parkwalk Advisors
Key Investors in PervasID
Parkwalk Advisors
Parkwalk is a leading investor in university spinouts, focusing on deeptech innovations emerging from the UK's top universities. They bridge the gap between academic research and commercial success by providing funding, expertise, and networks to help these companies thrive.
What's next for PervasID?
Looking ahead, the strategic deployment of this funding will likely focus on scaling the company's international sales infrastructure and enhancing its R&D capabilities to maintain its technological lead. As the demand for automated, touchless inventory management continues to rise, PervasID is poised to expand its market share by addressing the persistent challenges of supply chain opacity. The company's focus on deeptech innovation suggests a roadmap centered on further miniaturization of RFID components and the integration of advanced analytics to provide actionable insights from raw inventory data. This growth phase will be critical in transitioning the firm from a specialized technology provider to a foundational partner for global enterprise supply chain ecosystems.
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