About arago
arago is a company based in Frankfurt Am Main (Germany) founded in 1995 was acquired by Ogara in April 2022.. arago has raised $60.5 million across 3 funding rounds from investors including KKR, WISeKey and Carson Private Capital. arago offers products and services including HIRO AI and Bardioc Semantic Data Platform. arago operates in a competitive market with competitors including Chef, Ansible, Leapwork, Indeni and Robocorp, among others.
- Headquarter Frankfurt Am Main, Germany
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Arago Gmbh
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Products & Services of arago
arago offers a comprehensive portfolio of products and services, including HIRO AI and Bardioc Semantic Data Platform. 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.
Automates business processes using AI to mimic human learning and boost efficiency.
Enables semantic data handling for enhanced knowledge automation in enterprises.
Funding Insights of arago
arago has successfully raised a total of $60.5M across 3 strategic funding rounds. The most recent funding activity was a Unspecified round of $5.5 million completed in August 2020. 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 3
- Last Round Unspecified — $5.5M
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First Round
First Round
(16 Oct 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2020 | Amount | Unspecified - arago | Valuation | WISeKey |
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| Jun, 2016 | Amount | Private Equity Round - arago | Valuation | Carson Private Capital |
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| Oct, 2014 | Amount | Private Equity Round - arago | Valuation | KKR |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 arago
arago has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include KKR, WISeKey and Carson Private Capital. 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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Multiple sectors are invested in by this private equity firm.
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Multiple sectors are invested in by this private equity firm.
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Secure digital identity solutions are provided for IoT and blockchain.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by arago
| 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 - arago
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Arago Comparisons
Competitors of arago
arago 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 Chef, Ansible, Leapwork, Indeni and Robocorp, 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 |
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| domain | founded_year | HQ Location |
Infrastructure automation is provided for application servers and cloud integration.
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DevOps automation software is offered for infrastructure configuration.
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Platform for automated testing and robotic process automation
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Network automation platform is used to deliver analytics and insights.
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Cloud-based robotic process automation is delivered for enterprises.
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| domain | founded_year | HQ Location |
IT environments are managed for MSPs and enterprise operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Arago
Frequently Asked Questions about arago
When was arago founded?
arago was founded in 1995 and raised its 1st funding round 19 years after it was founded.
Where is arago located?
arago is headquartered in Frankfurt Am Main, Germany. It is registered at Frankfurt Am Main, Hesse, Germany.
Is arago a funded company?
arago is a funded company, having raised a total of $60.5M across 3 funding rounds to date. The company's 1st funding round was a Private Equity Round of $55M, raised on Oct 16, 2014.
What does arago do?
Arago is a developer of AI-based IT and business process automation solution. The company has developed general problem-solving AI HIRO that manages and automates every process within a company from IT operations, business processes, and transactions. HIRO dynamically reacts to a changing environment and is able to autonomously solve even ambiguous and complex problems. HIRO learns best practices directly from experts through knowledge creation management platforms. HIRO operates on a semantic data map which is based on the data companies generate. The semantics on the data map allows the machine to understand the environment it operates in. HIRO integrates into every IT environment, manages processes with CPU speed, achieves an average automation rate of 87 across the entire IT stack, stores reuses learned knowledge and solves complex problems using dynamic reasoning. UBS, Mphasis, ZenSar, and CompuCom are part of its clientele.
Who are the top competitors of arago?
arago's top competitors include Liongard, Jareva Technologies and ONEiO.
What products or services does arago offer?
arago offers HIRO AI and Bardioc Semantic Data Platform.
Who are arago's investors?
arago has 4 investors. Key investors include KKR, WISeKey, Carson Private Capital, and Frank O'Gara & Sons.