Pierian Services - About the company
Pierian Services is a seed company based in Bengaluru (India), founded in 2003 by Chetan Venugopal and Kanathur Narasimhamurthy Gurunath. It operates as a Provider of HR and finance BPO services. Pierian Services has raised $179K in funding, with a current valuation of $1.55M. The company has 2470 active competitors, including 57 funded and 201 that have exited. Its top competitors include companies like Genpact, Datamatics and Quess.
Company Details
- Website
- Social
- Email ID
- @pierianservices.com
- Phone Number
- +91
Key Metrics
Founded Year
2003
Location
Bengaluru, India
Stage
Seed
Total Funding
in 1 round
Latest Funding Round
Post Money Valuation
as on Sep 28, 2018
Investors
Ranked
38th among 2470 active competitors
Annual Revenue
as on Mar 31, 2024
Employee Count
as on Jul 31, 2024
Similar Companies
Genpact &
Legal entities associated with Pierian Services
Pierian Services is associated with 5 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
May 07, 2018 | - | 549 | 270 | |
Dec 27, 2022 | - | 161 | 774 | |
Apr 06, 2023 | - | 781 | 934 | |
Mar 30, 2023 | - | 804 | 435 | |
Dec 26, 2002 | $28.5M (as on Mar 31, 2024) | 595 | 866 |
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Pierian Services's funding and investors
Pierian Services has raised a total funding of $179K over 1 round. Its latest funding round was a Seed round on Sep 28, 2018 for $179K. 1 investor participated in its latest round, which include Real Time Management, Resource Square Solutions and NextProcess.
Pierian Services has 3 institutional investors including Real Time Management, and . Prashanth Prakash and 6 others are Angel Investors in Pierian Services.
Here is the list of recent funding rounds of Pierian Services:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Sep 28, 2018 | $179K | Seed | 2941430 | 6759695 |
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Pierian Services's valuation details
Pierian Services is valued at $1.55M as per the latest available filings.Pierian Services's founders and board of directors
The founders of Pierian Services are Chetan Venugopal and Kanathur Narasimhamurthy Gurunath.
Pierian Services's board has 4 active members. Chetan Venugopal and Kanathur Narasimhamurthy Gurunath are part of team and and are independent board members.
View details of Pierian Services's Founder profiles and Board Members
Pierian Services's employee count trend
Pierian Services has 1,879 employees as of Jul 24. The total employee count is 8.1% more than what it was in Jul 23. Here is Pierian Services's employee count trend over the years:
Uncover Pierian Services's growth story! Sign up today!Pierian Services's Competitors and alternates
Top competitors of Pierian Services include Genpact, Datamatics and Quess. Here is the list of Top 10 competitors of Pierian Services, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st | Genpact 1997, New York City (United States), Public | Provider of end-to-end business process outsourcing services | - | General Atlantic, Oak HillÌý&²¹³¾±è;Ìý | 81/100 |
2nd |  Datamatics 1975, Mumbai (India), Public | Cloud based text analytics and cognitive automation tool | $3M | 78/100 | |
3rd | Provider of outsourcing and business services | - | Amazon, Fairfax Financial HoldingsÌý&²¹³¾±è;Ìý | 77/100 | |
4th | Provider of business processes, change management, analytics, and data-driven insights services | - | 73/100 | ||
5th |  Sutherland 1986, Pittsford (United States), Late Stage | Provider of business process and technology management services | $60M | Oak Investment Partners, TPGÌý&²¹³¾±è;Ìý | 72/100 |
6th |  TaskUs 2008, San Antonio (United States), Public | Provider of customer care and back office support services for multiple sectors | $15M | Western Alliance Bank, HTIFÌý&²¹³¾±è;Ìý | 71/100 |
7th | Electric utility company | $80M | Capital Group, BlackRockÌý&²¹³¾±è;Ìý | 71/100 | |
8th |  Quest Global 1997, Singapore (Singapore), Acquired | Provider of BPO engineering services for aerospace & defence, automotive, and energy industry | $581M | Bain Capital Private Equity, The Carlyle GroupÌý&²¹³¾±è;Ìý | 69/100 |
9th | Allsec Technologies 1998, Chennai (India), Acquired | Provider of business process outsourcing, customer experience management, and debt collection services | - | The Carlyle Group, Gabriel Venture PartnersÌý&²¹³¾±è;Ìý | 67/100 |
10th | Provider of IT consulting and BPO services | - | CPP Investments, General AtlanticÌý&²¹³¾±è;Ìý | 67/100 | |
38th | _1591781357916.png?height=40&width=40){kind=logo} Pierian Services 2003, Bengaluru (India), Seed | Provider of HR and finance BPO services | $179K | Real Time Management, Resource Square SolutionsÌý&²¹³¾±è;Ìý | 53/100 |
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Pierian Services's Latest cap tables and shareholding
Founders (largest shareholder) own 72.80%, Enterprises own 4.10% and Angels own 15.10%. The net worth of Pierian Services's founders is INR 8.17Cr as of Sep 28, 2018.
Shareholders Name | Post Round Holding % | Net worth | Cumulative investment | Realised returns | Unrealised returns | Return multiple |
|---|---|---|---|---|---|---|
Founder | 72.80% | 8.17Cr | 4691332 | 1800995 | 5858937 | 8138416 |
4866793 | 5004487 | 4577136 | 6478421 | 6857888 | 4629122 | |
9079798 | 1493000 | 2491540 | 2654978 | 5292403 | 9673048 | |
Enterprise | 4.10% | 45.4L | 4010 | 7472 | 9196 | 6102 |
Angel | 15.10% | 1.7Cr | 9501610 | 5782304 | 4235664 | 7423858 |
Total | 92.00% | 10.3Cr | 2818204 | 4206794 | 8880882 | 7636256 |
To unlock detailed Cap Table of Pierian Services Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Pierian Services's Shareholding
Pierian Services's Investments and acquisitions
Pierian Services has made no investments or acquisitions yet.
Reports related to Pierian Services
Here is the latest report on Pierian Services's sector:
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News related to Pierian Services
Media has covered Pierian Services for 1 event in last 1 year, It was about company updates.
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ACROFAN•Oct 18, 2022•Pierian Services,
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GenomeWeb•Sep 29, 2022•, Pierian Services
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Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Frequently asked questions about Pierian Services
When was Pierian Services founded?
Pierian Services was founded in 2003.Where is Pierian Services located?
Pierian Services is located in Bengaluru, India.Is Pierian Services a funded company?
Pierian Services is a funded company, its first funding round was on Sep 28, 2018.When was the latest funding round of Pierian Services?
Pierian Services's latest funding round was on Sep 28, 2018.How much is Pierian Services worth?
The latest valuation of Pierian Services is $1.55M as on Sep 28, 2018.What is the annual revenue of Pierian Services?
Annual revenue of Pierian Services is $28.5M as on Mar 31, 2024.Our Lite Plan Awaits you - Its Free!
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