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PeerIslands

7 viewers · 30d

Total raised

$76.9M

+$76.9M this year

2 filings since 2026 · latest Equity filed

Cumulative raised
LAST ROUND
Equity · $64.5M
ROUNDS
2
INVESTORS
4
FOUNDED
N/A
HQ
Southlake, TX
SECTOR
Other Technology
EMPLOYEES
N/A
30D VIEWERS
7

AI overview

Updated

PeerIslands is a technology services scale-up founded in 2018 that specializes in modernizing legacy business applications for cloud environments. The company provides a range of services including AI-enabled application modernization, data engineering, and the development of cloud-native applications. With operations in the US, Cayman Islands, and India, PeerIslands leverages a global talent model to serve its enterprise clients.

What sets it apart

The company's strategic use of nearshoring, particularly through its Cayman Islands operations, provides access to a global talent pool while maintaining proximity to the US time zone. This model allows for rapid and efficient scaling to meet client demands for digital transformation.

Funding history

2 rounds
Equity+1Feb 26, 2026
Form D
+$64.5M$76.9M total
EquityFeb 26, 2026
Form D
+$12.5M$12.5M total

Products

1 tracked

AI-Enabled Copilot Suite

AI Modernization Tools

PeerIslands offers a suite of AI-enabled tools, including Migration Copilot, Developer Copilot, and Intelligent App Copilot. These products are designed to accelerate the modernization of legacy systems by automating complex tasks, enhancing developer productivity, and embedding intelligence into applications for improved efficiency.

  • AI-powered tools for rapid application modernization
  • Generation of actionable insights from application data
  • Tailored solutions for industries such as BFSI, healthcare, and telecommunications

Links

WebsiteSEC EDGAR filings