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Performix Technologies

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Provider of employee performance management software solutions

Burlington, United StatesFounded 1998Telecom
Valuation $10–25M Last recorded · 2006
Headcount 5–10k Current team size
Total funding $10–50M Disclosed equity funding
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About Performix Technologies

Established in 2006, Performix Inc. carved a niche as a specialized provider of manufacturing execution system (MES) software tailored for the pharmaceutical, biotech, cosmetics, and specialty chemicals industries. The company was founded by Sham Afzalpurkar, who also served as its President and CEO.

Performix's core offering was a modular MES platform designed to digitize and optimize the manufacturing process. This platform provided composite applications that integrated with SAP ECC landscapes, enhancing visibility and control on the shop floor. Key features included digital batch records (eBR), weigh and dispensing (W&D) management, and master batch record (MBR) functionalities, which connected the enterprise level to the plant floor operations. The software suite aimed to ensure quality, compliance, and efficiency by delivering digital procedures, workflow instructions, and lot traceability. Its business model centered on providing these tailored software solutions and services to its specific industry clients.

After operating as a core partner with companies like Honeywell and SAP, Performix Inc. was acquired by Honeywell on September 27, 2021. The acquisition was a strategic move for Honeywell to bolster its integrated software platform for the life sciences sector, combining Performix's MES with its own Process Knowledge System and recently acquired Sparta Systems' quality management software. This integration created a comprehensive suite encompassing process automation, production management, and data analytics, addressing the full product lifecycle for manufacturers.

Source: Dealroom company data

At a glance

Founded
1998
Headquarters
Burlington, United States
Sector
Telecom

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

Series B and later1 investor entered at this stage

Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
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
🇺🇸 United States · Burlington HQ
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Market sentiment

Posts on X, past 7 days

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