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How Acumen CEO Phillip Perkins grew Acumen to $589K revenue with a 7 person team in 2021.

Owner and operator of a consulting and software implementation and optimization firm intended to offer consulting and technical services to mid-sized manufacturers, distributors and progressive businesses worldwide. The company's services include the implementation and integration of enterprise resource planning system, certified public accountants, SAP Business One, Citrix, Microsoft, IBM consulting services and warehouse management systems deployment and also provides inventory planning and management services, enabling companies to gain competitive advantage through successful deployment of technology.

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Acumen Revenue

In 2021, Acumen's revenue reached $589K. Since its launch in 1991, Acumen has shown consistent revenue growth.

Acumen Revenue GrowthReported revenue / ARR by year$0$125K$250K$375K$500K$625K1991199319951997199920012003200520072009201120132015201720192021$0$589KSource: GetLatka.com
YearMilestone
2021Acumen Hit $589k revenue in April 2021
1991Launched with $0 revenue

Acumen Valuation, Funding Rounds

Acumen's most recent disclosed valuation is $1.8M.

Acumen is a bootstrapped ERP Systems startup. Founded in 1991, Acumen has grown to $589K in revenue without raising any venture capital or outside funding.

As a self-funded ERP Systems SaaS company, Acumen has built its business with no outside investment.

Acumen Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$119911991 cumulative: $0 • 1991 Founded: $01991 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Acumen Employees & Team Size

Acumen employs approximately 7 people as of 2026.

Acumen has 7 total employees in different roles and functions and 8 sales reps that carry a quota.

Acumen Team GrowthReported headcount over time02356819911993199519971999200120032005200720092011201320152017201920210077Source: GetLatka.com
YearMilestone
2021Reached 7 employees (April 2021)

Founder / CEO

Phillip Perkins

Phillip Perkins is listed as Founder / CEO at Acumen.

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Customers

We do not have customer count information for Acumen yet.

Frequently Asked Questions about Acumen

What is Acumen's revenue?

Acumen generates $589K in revenue.

Who founded Acumen?

Acumen was founded by Phillip Perkins.

Who is the CEO of Acumen?

The CEO of Acumen is Phillip Perkins.

How much funding does Acumen have?

Acumen raised $0.

How many employees does Acumen have?

Acumen has 7 employees.

Where is Acumen headquarters?

Acumen is headquartered in Richmond, Virginia, United States.

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X-CITE S.A.

We merged the IoT & AI SYSTEM ENABLER and DESIGN HOUSE view, creating a unique positioning to enable private and public clients ’cross industries to deploy IoT, AI & 5G solutions in a reliable way, “Out of the Box”. Regrouping multiple expertise – IoT, Cloud technologies, Mass data, AI, ML, Security, NG telco networks incl. 5G & xPON, automatization - our offer is unique! From idea generation, over fast prototypes, POCs’, followed by large implementations using X-BRAiN as a Connectivity, Mass-data and AI Accelerator incl. NEF-SCEF 5G integration. X-CITE is official Google Cloud partner. Our aim is to build a library of +200 AI & 5G use cases covering the most essential verticals, allowing our multi-disciplinary teams together with customers to rapidly formulate ideas or use-cases and implement them in X-BRAiN with low TTM. X-BRAiN uses ML and AI algorithms to address IoT and its associated problems, all available in a subscription model. Our Foundational Technology Platform is blockchain enabled. Learn more on www.x-brain.io Our offer includes a growing Edge hardware portfolio integr. with X-BRAiN and available in subscription model. It includes a world first advanced 5G Google Coral Module which can be mounted straight on devices including Drones; modular 4G LTE Cat. M1/Cat. NB2/EGPRS & GNSS high-speed Tracker and environmental Sensor, NB1/NB2 and M1 cellular LPWAN vehicle and health tracker. We are accelerating our move to a Digital Business Platform model and open-up X-BRAiN to developers that can make more of the data, assets, and services available – Become part of our “Firestarters” developer community. We design and build your future IoT, AI, 5G and circular economy strategy and products. X-CITE is headquartered in Luxembourg, with offices in Munich and Belgrade and strong links to UK.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .