Pirean Limited
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Pirean Limited - overview
Established
2002
Location
London, -, UK
Primary Industry
Software
About
Pirean Limited is a technology firm specializing in secure identity and access management solutions, enhancing compliance and operational efficiency for businesses in regulated sectors. Pirean Limited is a technology company that focuses on secure identity and access management solutions. Founded in 2002 and headquartered in London, UK, Pirean was acquired by Exostar, a portfolio company of Merck Global Health Innovation Fund, in September 2018. The founder, Stuart Wilson, has led the company through its development in identity management solutions.
Pirean Limited offers a comprehensive suite of secure identity and access management solutions aimed at improving compliance and operational efficiency. Their products facilitate identity governance, provide secure access management, and help organizations meet regulatory requirements in sectors such as healthcare and finance. The services offered support clients in maintaining secure environments while ensuring streamlined operations in managing user identities, thereby enhancing their overall security posture. In 2018, Pirean Limited reported a revenue of USD 2.
65 mn, while the EBITDA for the same year was USD -477,072. 3, reflecting the company’s financial performance during that period. Pirean Limited is focused on developing new identity management solutions to cater to the evolving demands of regulated industries. Plans are in place for expanding into additional markets within Europe and North America by 2024.
Recent funding from the acquisition will be utilized to enhance product development and expand the company's market reach following its acquisition in September 2018.
Current Investors
Exostar LLC
Primary Industry
Software
Sub Industries
Consumer Services, IT Security/Cybersecurity, Application Integration Software, Monitoring & Security Software
Website
www.pirean.com
Verticals
Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Pirean Limited - financials
| Fiscal Year Ended | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 |
|---|---|---|---|---|
| Revenue (USD) | 1,987,320 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - |
| EBITDA (USD) | (357,374) | - | - | - |
| Operating Income (USD) | (366,892) | - | - | - |
| Operating Margin | (18.5%) | - | - | - |
| % EBITDA Margin | (18.0%) | - | - | - |
| NET Income (USD) | (425,080) | - | - | - |
| % Net Margin | (21.4%) | - | - | - |

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.