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PervasID
Wide-area passive RFID for automated inventory management.
About PervasID
PervasID is a technology company that designs and supplies fixed passive radio-frequency identification (RFID) reader systems for automated, real-time tracking of inventory and assets. The firm was founded in 2011 as a commercial spin-out from the University of Cambridge by Dr. Sabesan Sithamparanathan, Dr. Michael Crisp, Professor Ian White, and Professor Richard Penty. The technology was developed from Dr. Sithamparanathan's PhD research into passive RFID sensing systems, aiming to solve the market's need for a highly accurate tracking solution. The company's core offering is a patented, fixed reader system that provides near 100% detection accuracy for standard passive RFID tags over large areas, a significant improvement on conventional RFID systems that often suffer from dead zones and lower accuracy. Its product suites, including the TrackMaster and Ranger series, utilize a distributed antenna architecture and advanced signal processing to monitor items without manual, handheld scanning. The TrackMaster 2X system can cover up to 240m² with a single reader, while the AI-driven TrackMaster 3X can cover up to 4,500 sq ft, providing real-time location intelligence with high precision. These systems are designed to be hands-free and operate continuously, providing enterprises with constant visibility of their tagged items. PervasID operates on a B2B model, supplying its hardware and software solutions to a global client base in sectors such as retail, aerospace, healthcare, and industrial manufacturing. Clients use the technology to automate stock-taking, improve on-shelf availability, optimize omnichannel fulfillment, reduce shrinkage, and manage critical assets. For instance, healthcare clients like the NHS use the system to track surgical instruments and medical devices, while aerospace manufacturers use it to prevent tool loss, a significant cause of Foreign Object Debris (FOD) costs. The company has received numerous accolades, including a Queen's Award for Enterprise in Innovation in 2021, and its founder, Dr. Sithamparanathan, was awarded an OBE for services to innovation technology.
Source: Dealroom company dataAt a glance
- Founded
- 2011
- Headquarters
- Cambridge, United Kingdom
- Sector
- Semiconductors
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A6 investors entered at this stage
Cambridge Enterprise
Cambridge Innovation Capital
Parkwalk Advisors
Northern Powerhouse Investment Fund- FDFinance Durham
Maven Cognition
Source: Dealroom Talent Intelligence.
Global footprint
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