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Winter

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Continuous Strategy and Continuous Execution

Southlake, United StatesFounded 2018AI
Valuation $50–100M Last recorded · 2026
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Winter and the history behind them.

About Winter

PeerIslands is a technology services company specializing in enterprise application modernization, data engineering, and AI-driven solutions. Founded in 2018 by Sowri Krishnan, Rajesh Rajagopalan, and Narayn Sridharan, the firm assists organizations in transforming legacy systems and migrating to cloud-native environments. Krishnan, the Chairman, has nearly three decades of experience in digital transformation and held leadership roles at Cognizant and Cloudmed before establishing PeerIslands. CEO Narayn Sridharan also previously worked on cloud transformation at Cognizant.

The company's core offering is its Peer.AI platform, a proprietary 'Service-as-a-Software' framework that utilizes generative AI, multi-agent orchestration, and automation to accelerate the software development lifecycle. This platform includes tools like Migration Copilot, Developer Copilot, and Intelligent App Copilot, which are designed to analyze legacy codebases, extract business requirements, and generate new, modernized code. The objective is to reduce development timelines and enhance the scalability and security of applications, with a reported 12x faster delivery time on projects. PeerIslands serves Fortune 100 clients across various sectors, including financial services, healthcare, and telecommunications.

PeerIslands operates a distinct nearshore model, with its primary tech operations based in the Cayman Islands since 2019, alongside locations in the US and India. This strategy was adopted to address challenges with U.S. work visas and to ensure operational alignment with the U.S. time zone for its North American clients. The company has been recognized as a key partner by MongoDB, winning the Boutique Systems Integrator Partner of the Year award in both 2021 and 2022 for its expertise in the MongoDB ecosystem and for developing tools that facilitate migration to the database platform.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Southlake, United States
Employees
130
Open positions
None listed
Dealroom signal
55.1/100
Industry
Enterprise Software
Sector
AI, Generative AI, MLops, AI Model Deployment and Monitoring
Technology
Artificial Intelligence
Business model
SaaS
Client focus
b2b

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Mar 2026 $13M $50M Undisclosed ↗
Showing the latest 1 of 1 recorded eventsBook a demo for the full funding history →

Growth signals

Winter website traffic

Latest recorded traffic for Winter is 3.6K monthly website visits, down 10% over the last three months.

Latest monthly visits3.6K 3-month web change-10%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇮🇳 India58.7%
🇺🇸 United States18.2%
🇪🇪 Estonia0.8%
🇨🇦 Canada0.8%
🇩🇪 Germany0.8%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Winter on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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