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, the latest employee count at Perfios is 1042.

Is Perfios a funded company?

Perfios is a funded company, having raised a total of $263M across 14 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 ₹10,100Cr as of May 20, 2025.

When was the latest funding round of Perfios?

Perfios' latest funding was a $80M Series D round on Mar 13, 2024, with participation from 1 investor.

What is the annual revenue of Perfios?

Annual revenue of Perfios is ₹709Cr 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 81st amongst 2157 active competitors, of which 431 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Sift, which secured $507K in Oct, 2025.

Who are the top competitors of Perfios?

Perfios' top competitors include Sedgwick, ComplyAdvantage and Credgenics. Among them, Sift secured the most recent funding round in October, 2025.

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

Perfios is a series D company based in Bengaluru (India), founded in 2008 by VR Govindarajan, Pramod Veturi and Debashish Chakraborty. It operates as a Provider of AI-driven platform for financial analysis, verification, and decisioning. Perfios has raised $263M in funding from investors like Bessemer Venture Partners, Warburg Pincus and Ontario Teachers' Pension Plan, with a current valuation of ₹10,100Cr. The company has 2157 active competitors, including 431 funded and 285 that have exited. Its top competitors include companies like Sedgwick, ComplyAdvantage and Credgenics.

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

$263M in 14 rounds

Latest Funding Round

Series D, Mar 13, 2024, $80M

Post Money Valuation

₹10,100Cr as on May 20, 2025

Investors

Bessemer Venture Partners & 30 more

Ranked

81^st among 2157 active competitors

Annual Revenue

₹709Cr as on Mar 31, 2025

Employee Count

1,042 as on Aug 31, 2025

Investment & Acquisitions

IHX & 1 more

Similar Companies

Sedgwick & 1474 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	$844K (As on Mar 31, 2025)	11 (As on Aug 31, 2025)
PERFIOS SOFTWARE SOLUTIONS PRIVATE LIMITED CIN: U72200MH2008PTC404503 , India, Active	May 29, 2008	$83.8M (As on Mar 31, 2025)	1042 (As on Aug 01, 2025)

Perfios has raised a total funding of $263M over 14 rounds. Its first funding round was on Jul 06, 2009. Its latest funding round was a Series D round on Mar 13, 2024 for $80M. 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
Mar 13, 2024	$80M	Series D	$1.01B	-	Ontario Teachers' Pension Plan	-
Sep 11, 2023	$41.4M	Series D	$916M	-	-	Kedaara, Warburg Pincus, Bessemer Venture Partners, 1000632564 Ontario
Oct 18, 2022	$6.08M	Venture Debt	-	-	-	Stride Ventures

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View details of Perfios's funding rounds and investors

The founders of Perfios are VR Govindarajan, Pramod Veturi and Debashish Chakraborty. 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 1 phone number
Pramod Veturi: Chief Product Officer of Perfios. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Debashish Chakraborty: Co-Founder & Board Member of Perfios and founder of 1 other company.
Sabyasachi Goswami: CEO of Perfios.
Contact Info: 1 email address and 1 phone number

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 Credgenics. 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	Stone Point Capital, Altas & 10 others	78/100
2nd	ComplyAdvantage 2014, London (United Kingdom), Series C	Cloud-based AML solutions	$167M	Index Ventures, Ontario Teachers' Pension Plan ... & 39 others	77/100
3rd	Credgenics 2018, Noida (India), Series B	Provider of AI-powered platform for debt collections and resolution processes	$79.1M	Accel, Tanglin Venture Partners & 49 others	74/100
4th	Riskified 2013, New York City (United States), Public	AI-based payment fraud prevention solutions for e-commerce solution	$232M	Genesis Partners, Entree Capital & 21 others	74/100
5th	Quantexa 2016, London (United Kingdom), Series F	AI powered data and decision intelligence solutions	$546M	GIC, Ontario Teachers' Pension Plan & 14 others	72/100
6th	Mantra Softech 2006, Ahmedabad (India), Series A	Biometrics-based security and surveillance solutions	$14.2M	India SME Investments, Motilal Oswal & 2 others	72/100
7th	Entrust 1969, Dallas (United States), Acquired	Provider of identity-centric security solutions, including issuance and data protection	-	Thoma Bravo, Olympus Partners	71/100
8th	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
9th	Sift 1997, San Francisco (United States), Series D	Provider of an AI-powered platform for fraud detection and prevention	$162M	Insight Partners, Union Square Ventures & 22 others	70/100
10th	HyperVerge 2014, Bengaluru (India), Seed	Provider of end-to-end KYC software and identity verification solutions	$1M	Milliways Ventures, New Enterprise Associates ... & 5 others	70/100
81st	Perfios 2008, Bengaluru (India), Series D	Provider of AI-driven platform for financial analysis, verification, and decisioning	$263M	Ontario Teachers' Pension Plan, Kedaara & 29 others	59/100

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Founders own 9.40%, Funds (largest shareholder) own 77.92%, Angels own 1.94% and Other People own 2.85%. 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	9.40%	947Cr	6196044	5844278	7218669	8882226
VR Govindarajan	2981	6121	4891	4155	9373	7954
Debashish Chakraborty	1095	9513	2988	6432	4184	3689
Fund	77.92%	7,840Cr	8137727	7768533	3830289	1449564
Warburg Pincus	3119527	3874936	3150214	5039663	5963960	1714478
Kedaara	2221876	1314092	6126080	5346911	4797969	1271304
Ontario Teachers' Pension Plan	261	617	368	831	187	129
Angel	1.94%	195Cr	4	1	5	3
Sandeep Nambiar	0	0	0	0	0	0
Other People	2.85%	286Cr	33	28	82	89
ESOP Pool	7.89%	794Cr	4950972	6296411	2305973	3901740
Total	100.00%	10,100Cr	9095841	6513769	9323830	4123187