PervasID

PervasID provides passive radio frequency identification tracking technology for industrial and retail sectors.

The Old Schools, Trinity Ln, Cambridge CB2 1TN, UK—Founded 2011

£3.5MTotal raised

PervasID develops passive radio frequency identification technology that provides high accuracy asset tracking for sectors including retail and healthcare. The business offers patented hardware and software solutions designed for remote monitoring.

Founders

Sabesan Sithamparanathan

President

Pete Sithamparanathan

Industry Expert

Investors

14 April 2025
£200K
MC
Maven CognitionLead
20 November 2024
£3.3M
Parkwalk AdvisorsLead
FD
Finance Durham Fund
NI
NPIF II Maven Equity Finance

Funding history

14 April 2025

£200K

PervasID secures £200k from Maven Cognition to expand TrackMaster rollout

The fresh capital from Maven Cognition will support the international expansion of PervasID and its TrackMaster system.

20 November 2024

£3.3M

PervasID secures £3.3m from Parkwalk Advisors and Maven-managed funds to accelerate growth

The funding round was led by Parkwalk Advisors with participation from the Finance Durham Fund and NPIF II Maven Equity Finance.