PeerIslands has filed a notice of an exempt offering of securities to raise $64,460,916.00 in New Funding.
According to filings with the U.S. Securities and Exchange Commission, PeerIslands is raising up to $64,460,916.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
About PeerIslands
PeerIslands, an AI-native enterprise transformation partner, accelerates global organizations’ modernization efforts by streamlining workflows, creating new revenue streams, and achieving tangible business results. Through the Peer.AI platform, PeerIslands has pioneered a proprietary AI first engineering methodology. This innovative approach revolutionizes enterprise software development by incorporating generative AI, multi-agent orchestration, and automation throughout the software lifecycle. The result is faster, more secure, and scalable application modernization with reduced development timelines. As a MongoDB Portfolio Company and Boutique SI Partner of the Year, PeerIslands is a trusted partner for Fortune 100 clients seeking to revamp mission-critical systems in industries such as BFSI, Healthcare, Telco, and more. Operating from locations in the US, India, and Nearshore, PeerIslands leverages global talent that seamlessly operates within the US time zone. At PeerIslands, our focus is on outcomes rather than outputs. This commitment translates to tangible business impacts for our clients – faster, smarter, and at scale. For our team members, it means engaging in meaningful careers that involve tackling complex challenges, fostering innovation, and creating a real difference in the world.
To learn more about PeerIslands, visit https://www.peerislands.io/
PeerIslands Linkedin Page: https://www.linkedin.com/company/peerislands/
Contact:
Santosh Thomas, Chief Executive Officer
817-749-6438
https://www.linkedin.com/in/santosh-thomas-/
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