When was Perfios founded?

Perfios was founded in 2008 and became a unicorn in 2024, reaching the milestone in 16 years. It raised its 1st funding round 1 year after its incorporation.

Where is Perfios located?

Perfios is headquartered in Bengaluru, India. It is registered at 3rd Floor, ABR Emerald, Plot No.D 8, Street No.16, MIDC, Andheri East, Mumbai, Chakala Midc, Mumbai, Mumbai, Maharashtra, India, 400093.

Which legal entities is Perfios associated with?

Perfios is associated with PERFIOS SOFTWARE SOLUTIONS PRIVATE LIMITED and 1 other.

How many employees does Perfios have?

As of Aug 31, 2025, Perfios has 1042 employees, reflecting a 1% year-over-year decline in headcount.

Is Perfios a funded company?

Perfios is a funded company, having raised a total of $435M across 15 funding rounds to date. The company's 1st funding round was a $103K Angel round, raised on Jul 06, 2009.

How much is Perfios worth?

The latest valuation of Perfios is ₹10,000Cr as of May 20, 2025.

When was the latest funding round of Perfios?

Perfios' latest funding was a $1.46M Series D round on May 20, 2025, with participation from 1 investor. Its primary sector is Insurance IT. Globally, the Insurance IT sector has seen $1.88B in funding in 2026 to date.

What is the annual revenue of Perfios?

Annual revenue of Perfios is between ₹500 Cr and ₹1,000 Cr as on Mar 31, 2025

Is Perfios a Insurance IT company?

The primary sectors of Perfios are Insurance IT, Banking Tech, GRC Software, Cybersecurity, Image Recognition and Alternative Lending.

Where does Perfios rank among its competitors?

Perfios ranks 47th amongst 2208 active competitors, of which 433 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Elliptic, which secured $120M in May, 2026.

Who are the top competitors of Perfios?

Perfios' top competitors include Sedgwick, ComplyAdvantage and Riskified. Among them, Elliptic secured the most recent funding round in May, 2026.

Perfios - 2026 Company Profile, Team, Funding, Competitors & Financials

Perfios is a series D company based in Bengaluru (India), founded in 2008 by VR Govindarajan, Debashish Chakraborty and Pramod Veturi. It operates as a Provider of AI-driven platform for financial analysis, verification, and decisioning. Perfios has raised $435M in funding from investors like Bessemer Venture Partners, Warburg Pincus and Ontario Teachers' Pension Plan, with a current valuation of ₹10,000Cr. The company has 2208 active competitors, including 433 funded and 287 that have exited. Its top competitors include companies like Sedgwick, ComplyAdvantage and Riskified.

Sectors and market segments that Perfios operate in

Perfios serves in the FinTech, InsurTech, High Tech market segments.The primary business model of Perfios are:

Company Details

Provider of AI-driven platform for financial analysis, verification, and decisioning. The platform offers document analysis, KYC/KYB compliance, fraud detection, and risk assessment solutions. It facilitates digital lending, customer onboarding, and claims automation across various industries. The platform also provides tools for credit assessment and due diligence.

Website: perfios.ai
Social
Email ID: *****@perfios.com
Registered Address: 3rd Floor, ABR Emerald, Plot No.D 8, Street No.16, MIDC, Andheri East, Mumbai, Chakala Midc, Mumbai, Mumbai, Maharashtra, India, 400093

Key Metrics

Founded Year

2008

Location

Bengaluru, India

Stage

Series D

Total Funding

$435M in 15 rounds

Latest Funding Round

Series D, May 20, 2025, $1.46M

Post Money Valuation

₹10,000Cr as on May 20, 2025

Investors

Bessemer Venture Partners & 30 more

Ranked

47^th among 2208 active competitors

Annual Revenue

₹500 - ₹1,000 Cr as on Mar 31, 2025

Employee Count

1,042 as on Aug 31, 2025

Investment & Acquisitions

IHX & 1 more

Similar Companies

Sedgwick & 1508 more

View Perfios' full profile

Perfios is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PERFIOS ACCOUNT AGGREGATION SERVICES PRIVATE LIMITED CIN: U74999KA2017PTC107213 , India, Active	Oct 16, 2017	0 - ₹10 Cr (As on Mar 31, 2025)	16 (As on May 01, 2026)
PERFIOS SOFTWARE SOLUTIONS PRIVATE LIMITED CIN: U72200MH2008PTC404503 , India, Active	May 29, 2008	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	1040 (As on Apr 01, 2026)

Perfios has raised a total funding of $435M over 15 rounds. Its first funding round was on Jul 06, 2009. Its latest funding round was a Series D round on May 20, 2025 for $1.46M. 1 investor participated in its latest round. Perfios has 7 institutional investors and 24 angel investors.

Here is the list of recent funding rounds of Perfios:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 20, 2025	$1.46M	Series D	-	-	Bessemer Venture Partners	-
Mar 13, 2024	$80M	Series D	$994M	-	Ontario Teachers' Pension Plan	-
Sep 11, 2023	$4.16M	Series D	$904M	-	-	Kedaara, Warburg Pincus, Bessemer Venture Partners, 1000632564 Ontario

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View details of Perfios's funding rounds and investors

The founders of Perfios are VR Govindarajan, Debashish Chakraborty and Pramod Veturi. Sabyasachi Goswami is the CEO of Perfios.

Here are the details of Perfios' key team members:

VR Govindarajan: Co-Founder & Director of Perfios and founder of 1 other company. They serve on the boards of 2 companies.
Contact Info: 1 email address and 2 phone numbers
Debashish Chakraborty: Co-Founder & Board Member of Perfios and founder of 1 other company.
Pramod Veturi: Chief Product Officer of Perfios. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Sabyasachi Goswami: CEO of Perfios.
Contact Info: 1 email address and 1 phone number

Perfios' Board of Directors

Perfios's board has 8 active members. Debasish Chakraborty, VR Govindarajan and Vishal Vijay Gupta are part of team and Nishant Sharma, Ram Narayanan Colathur, Darius Dhunjishaw Vakil, Rama Subramaniam Gandhi and Varun Telaprolu are independent board members.

Here is the list of Perfios' board of directors:

Name	Type	Representing	Status	Duration
Debasish Chakraborty	Team	-	Current	18y 0m
VR Govindarajan	Team	-	Current	18y 0m
Vishal Vijay Gupta	Investor	-	Past	8y 5m
Nishant Sharma	Independent board member	-	Current	2y 0m
Ram Narayanan Colathur	Independent board member	-	Current	6y 4m
Darius Dhunjishaw Vakil	Independent board member	-	Current	2y 2m
Rama Subramaniam Gandhi	Independent board member	-	Current	6y 4m
Varun Telaprolu	Independent board member	-	Past	2y 4m

View details of Perfios's Founder profiles and Board Members

Perfios' employee count trend

Perfios has 1,042 employees as of Aug 25. The total employee count is 2.0% lower than what it was in Aug 24. Here is Perfios's employee count trend over the years:

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Top competitors of Perfios include Sedgwick, ComplyAdvantage and Riskified. Here is the list of Top 10 competitors of Perfios, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Sedgwick 1969, Memphis (United States), Acquired	Provider of claims administration, loss adjusting, and benefits management services	$2.63M	The Carlyle Group, Altas & 11 others	76/100
2nd	ComplyAdvantage 2014, London (United Kingdom), Series C	Cloud-based AML solutions	$171M	Index Ventures, Ontario Teachers' Pension Plan ... & 46 others	75/100
3rd	Riskified 2013, New York City (United States), Public	AI-based payment fraud prevention solutions for e-commerce solution	$232M	Founder Collective, Genesis Partners & 21 others	74/100
4th	Credgenics Noida (India), Series B	Provider of AI-powered platform for debt collections and resolution processes	$79.1M	Accel, WestBridge Capital & 49 others	74/100
5th	Simplex 2014, Ramat Gan (Israel), Acquired	AI-based crypto payments and fraud prevention solutions for businesses	$19M	Cumberland Mining, BITMAIN & 12 others	73/100
6th	Entrust 1969, Dallas (United States), Acquired	Provider of identity-centric security solutions, including issuance and data protection	-	Thoma Bravo, Neuberger Berman Capital Solutions ... & 2 others	72/100
7th	Signifyd 2011, Palo Alto (United States), Series E	Provider of fraud prevention and payment validation for online retailers	$394M	Resolute Ventures, Owl Rock & 29 others	70/100
8th	Sift 1997, San Francisco (United States), Series D	Provider of an AI-powered platform for fraud detection and prevention	$162M	Insight Partners, Spark Capital & 22 others	70/100
9th	Mantra Softech 2006, Ahmedabad (India), Series A	Biometrics-based security and surveillance solutions	$14.2M	India SME Investments, Motilal Oswal Financial Services ... & 2 others	70/100
10th	Elliptic 2013, London (United Kingdom), Series D	Provider of blockchain analytics software for digital asset risk management	$224M	Paladin Capital, Evolution Equity Partners ... & 35 others	70/100
47th	Perfios 2008, Bengaluru (India), Series D	Provider of AI-driven platform for financial analysis, verification, and decisioning	$435M	Stride Ventures, Ontario Teachers' Pension Plan ... & 29 others	63/100

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Founders own 9.43%, Funds (largest shareholder) own 76.45%, Angels own 3.42% and Other People own 1.38%. The net worth of Perfios's founders is INR 947Cr as of May 20, 2025.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	9.43%	947Cr	7468642	9014996	5604297	6235762
VR Govindarajan	2410	8636	9931	5371	5696	5755
Debashish Chakraborty	4956	6850	2759	6404	2078	5129
Fund	76.45%	7,670Cr	8568893	2618358	8845120	5475683
Bessemer Venture Partners	7114298	5231165	7298209	1726595	7756693	8984488
Warburg Pincus	5657322	5600828	8119407	1575688	7044329	1410808
Kedaara	7899095	8184873	8304879	5943184	5382365	8510955
Ontario Teachers' Pension Plan	712	510	150	178	510	562
Angel	3.42%	343Cr	140	121	726	272
Other People	1.38%	138Cr	1	1	5	4
ESOP Pool	9.31%	934Cr	8814249	6684636	9411601	5132205
Total	100.00%	10,000Cr	7873345	8368668	7942455	7959006