About Aira
Aira is a company based in San Diego (United States) founded in 2014 was acquired by Blue Diego Investment Group in February 2020. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Aira has raised $192.2 million across 7 funding rounds from investors including Arch Venture Partners, National Federation of the Blind and National Science Foundation. Aira offers products and services including Aira Explorer App and Aira ASL App. Aira operates in a competitive market with competitors including Be My Eyes, RightHear, NaviLens, Lazarillo and Audivision, among others.
- Headquarter San Diego, United States
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Aira Tech Corp
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$192.2 M (USD)
in 7 rounds
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Latest Funding Round
$158.8 M (USD), Series B
Jan 16, 2024
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Investors
Arch Venture Partners
& 8 more
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Employee Count
Employee Count
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Acquired by
Blue Diego Investment Group
(Feb 14, 2020)
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Products & Services of Aira
Aira offers a comprehensive portfolio of products and services, including Aira Explorer App and Aira ASL App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Visual information is provided to blind individuals remotely.
ASL interpreting is offered remotely for Deaf individuals.
Unlock access to complete
Funding Insights of Aira
Aira has successfully raised a total of $192.2M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $158.8 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series B — $158.8M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Series B - Aira | Valuation |
investors |
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| Dec, 2018 | Amount | Series B - Aira | Valuation |
investors |
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| Jul, 2017 | Amount | Grant - Aira | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Aira
Aira has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Arch Venture Partners, National Federation of the Blind and National Science Foundation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Seed and early-stage technology companies are funded by Lux Capital.
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Founded Year | Domain | Location | |
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Venture capital firm focused on life science companies
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Founded Year | Domain | Location | |
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Investments in technology startups are made by Felicis Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Aira
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Aira
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aira Comparisons
Competitors of Aira
Aira operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Be My Eyes, RightHear, NaviLens, Lazarillo and Audivision, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mobile app connecting the blind and visually impaired to a network of sighted volunteers
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| domain | founded_year | HQ Location |
Accessibility mobile app for blind and visually impaired
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| domain | founded_year | HQ Location |
Provider of software-based solutions for visually impaired people
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| domain | founded_year | HQ Location |
Provider of an app for guiding blind people
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| domain | founded_year | HQ Location |
An AI-powered platform assisting the blind community with daily chores.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Aira
Frequently Asked Questions about Aira
When was Aira founded?
Aira was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Aira located?
Aira is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Who is the current CEO of Aira?
Troy Otillio is the current CEO of Aira.
Is Aira a funded company?
Aira is a funded company, having raised a total of $192.2M across 7 funding rounds to date. The company's 1st funding round was a Grant of $225K, raised on Apr 24, 2015.
What does Aira do?
Aira is engaged in delivering remote video interpreting solutions to enhance accessibility for the blind, low-vision, Deaf, and hard-of-hearing communities. Services are offered through apps like Aira Explorer and Aira ASL, connecting users to professional interpreters. Partnerships with organizations are established to provide free access at various locations. The company operates in the technology sector, focusing on accessibility solutions to foster inclusivity in digital and physical spaces across North America and beyond.
Who are the top competitors of Aira?
Aira's top competitors include Be My Eyes, RightHear and NaviLens.
What products or services does Aira offer?
Aira offers Aira Explorer App and Aira ASL App.
Who are Aira's investors?
Aira has 9 investors. Key investors include Arch Venture Partners, National Federation of the Blind, National Science Foundation, Lux Capital, and Felicis Ventures.