What Perfsol does

Perfsol was a Ukrainian IT services company founded in 2018 and headquartered in Lviv, delivering web application development, UI/UX product design, and mobile app development. The firm repositioned around Artificial Intelligence of Things (AIoT), offering an end-to-end stack that spans firmware and embedded device development, IoT connectivity, edge and gateway intelligence, cloud software development across AWS/Azure/GCP, AI/ML analytics, and post-production support. It served enterprise and growth-stage clients across twelve verticals including Industrial IoT, Smart Home & Buildings, Healthcare & Telemedicine, Drones & Autonomous Vehicles, Energy & Renewables, and Agriculture, with named engagements for customers such as Tykho Electronics, TouchMD, Solar Manager, UDB Inc., Spellex, Cube Air, SuperVolt, and Hover Hero.

The company operated a project-based professional services model with quote-based, multi-year enterprise contracts priced per engagement; no public pricing was disclosed. Go-to-market relied on direct enterprise sales, consultation requests through the website, published case studies, customer testimonials, and IoT industry event participation. Strategic partnerships with Microchip (Design Partner), Avnet (IoT Partner Program), and AWS, together with ISO 27001, ISO 9001, and ISO 13485 certifications, underpinned credibility for regulated and enterprise buyers. The firm maintained three offices — engineering/R&D in Lviv (Ukraine), a general office in Wrocław (Poland), and a North American sales office in Wilmington, Delaware.

In 2024, Perfsol's parent InSoft.Partners completed a portfolio optimization merger that absorbed Perfsol into sister company Indeema Software; Perfsol ceased to exist as a separate operating entity. As a result, the strategic, operational, and revenue signals in this profile should be read as describing the AIoT services capability now housed within Indeema rather than a standalone Perfsol business.

Name

Perfsol

Legal name

Perfsol

Website

https://perfsol.tech

Company type

Private

Founded year

2018

Operating status

Acquired

Headcount range

11–50 employees

Short description

Perfsol was a Lviv-based IT services firm specializing in AIoT development — spanning firmware, edge intelligence, cloud, and ML analytics — serving enterprise clients across smart home, healthcare, drones, and energy. It was merged into Indeema Software in 2024 under owner InSoft.Partners.

Ownership category

akta.pro rank

Headquarters

HQ city

Lviv

HQ country

Ukraine

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Professional Services & Custom Development: Project-based professional services for AIoT development including R&D services, IoT development, firmware development, mobile/web development, UI/UX design, DevOps, and post-production support. Services are delivered through engagement contracts with enterprise clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Perfsol provides end-to-end AIoT (Artificial Intelligence of Things) engineering services for enterprise and startup clients, combining IoT hardware and software development with AI/ML, embedded firmware, edge computing, cloud platforms, mobile and web applications, and UI/UX design. Engagements cover the full lifecycle from R&D and consulting through architecture, development, deployment, and post-production support, delivered as custom project-based professional services.

Differentiator

Problem solved

Functional benefit

Products and services

• IoT Development Custom IoT system development for enterprise and startup clients across industrial automation, smart home, healthcare, drones, and energy verticals, including architecture, integration, and deployment of connected device ecosystems.
• AI for IoT Systems Design and implementation of cognitive AIoT systems that combine AI with connected IoT devices to analyze data in real time, detect anomalies early, and support predictive maintenance.
• Firmware Development Embedded firmware engineering for IoT devices, including AI-enabled firmware that supports on-device learning, low-latency edge behavior, and reduced dependency on cloud connectivity.
• Cloud Software Development Cloud-native development services across AWS, Azure, and GCP for IoT backends, data pipelines, and analytics platforms, delivered by a team with 8+ years of cloud experience.
• Mobile App Development Design and development of iOS and Android companion applications for connected devices and IoT products, including real-time monitoring and remote control features.
• Web Development Web application development for IoT platforms, dashboards, and operational portals that surface device telemetry and analytics to end users.
• UI/UX Design Product UI/UX design services for connected devices, mobile apps, and web platforms, focused on first-impression quality and efficient user experiences for consumer and industrial users.
• R&D Services Research and development services for AIoT projects, including feasibility analysis, architecture exploration, and concept validation designed to absorb technical risk before full-scale commitments.
• MVP Development Minimum viable product development services for connected device and AIoT startups and enterprise intrapreneurs, focused on rapid prototyping and validating product-market fit.
• DevOps Services DevOps services for IoT and cloud platforms, including CI/CD, infrastructure automation, and operational tooling for connected device backends.
• Post-Production Support Ongoing post-production software maintenance and support, including regular updates and custom fixes for delivered IoT and AIoT systems.
• Dedicated Team Dedicated engineering teams that operate as a long-term extension of a client's product organization for AIoT, firmware, cloud, mobile, and web development.
• IoT Consulting Services Consulting engagements that help client teams understand smart technology, identify relevant use cases, and develop tailored IoT strategies.
• Tech Advisory Technology strategy and advisory services for IoT initiatives, drawing on 8+ years of IoT project delivery experience to guide architecture and vendor decisions.

Quantifiable outcome

• Real-time data collection from sensors with AI interpretation and autonomous decision-making
• +1 more outcomes

Named customers9 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Microchip TechnologycoreTechnology or IntegrationIndeema holds Microchip Design Partner status, leveraging Microchip's global prominence in microcontrollers and analog semiconductors. This collaboration ensures IoT solutions integrate cutting-edge technology with industry-leading semiconductor expertise.
• AvnetcoreTechnology or IntegrationMember of Avnet IoT Partner Program, a distinguished global distributor of electronic components and IoT solutions. Partnership provides access to extensive ecosystem of resources and technologies while reinforcing standing in the IoT industry.
• Amazon Web Services (AWS)coreTechnology or IntegrationOfficial AWS Partner status enabling advanced cloud solutions for IoT development projects. Partnership allows leveraging AWS resources and taking advantage of AWS partner programs for customized cloud solutions.
• UNDP (United Nations Development Programme)minorStrategic or Co-development PartnerPartnership with UNDP for digital accessibility and psychological services projects in Ukraine, demonstrating commitment to social impact initiatives.
• Lviv National University (LNU)minorStrategic or Co-development PartnerAcademic partnership with Lviv National University for research collaboration and talent development in technology.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• SoftServe: SoftServe is a large Ukrainian-founded IT services and digital engineering firm delivering custom software, IoT, and cloud solutions to enterprise clients globally. It directly competes with Perfsol for custom IoT/AI development engagements and shares the same Ukraine-rooted delivery model.
• Intellias: Intellias is a Ukrainian-headquartered software engineering services company providing custom development across embedded, IoT, automotive, and enterprise domains. It competes head-to-head with Perfsol for mid-market and enterprise IoT and embedded engineering engagements.
• ELEKS: ELEKS is a Ukrainian IT services company offering custom software, IoT, embedded, and data engineering for enterprise clients. It competes with Perfsol on custom IoT and AIoT development projects and shares Ukraine-centered delivery operations.
• EPAM Systems: EPAM is a global IT services and engineering firm with deep roots in Ukraine and broad custom software, IoT, and embedded capabilities. It competes with Perfsol for AI/IoT engineering talent and for enterprise custom development engagements.
• Globant: Globant is a global digital engineering company offering custom software, IoT, AI, and cloud development for enterprise clients. It competes with Perfsol on enterprise IoT and AI development engagements and for similar enterprise customers.
• Itransition: Itransition is a custom software development company delivering IoT, AI/ML, embedded, and web/mobile engineering services. It directly competes with Perfsol for custom IoT and AI development projects at mid-market and enterprise clients.
• ScienceSoft: ScienceSoft is an IT consulting and software development company specializing in IoT, AI, embedded, and enterprise software solutions. It competes with Perfsol on IoT and AIoT development engagements and shares a similar custom-services, multi-vertical orientation.
• Softeq: Softeq is a software development firm focused on embedded systems, IoT, and firmware engineering for enterprise clients. It is comparable to Perfsol due to its embedded/IoT-centric delivery model and emphasis on low-level hardware-to-cloud integration.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/PerfsolTech
• Facebookfacebook.com/perfsol
• LinkedInlinkedin.com/company/19004657

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Perfsol