About arago
arago is a Technology company based in Frankfurt Am Main (Germany) founded in 1995, and was acquired by Ogara in April 2022. It operates as an AI-based IT and business process automation solutions are developed. arago has raised $55 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. Its focus areas include Enterprise Infrastructure, IT Operations, ITOM and IT Automation. Its legal entity is arago Gmbh. Its competitors include Chef, Ansible, Leapwork, Indeni and Robocorp and 3 more; 8 of its 8 listed competitors have raised funding.
Company details
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.
Products & Services of arago
arago offers a comprehensive portfolio of products and services, including HIRO AI and Bardioc Semantic Data Platform.
Automates business processes using AI to mimic human learning and boost efficiency.
Enables semantic data handling for enhanced knowledge automation in enterprises.
Apps and channels of arago
its YouTube channel Almato AG has 58 subscribers and 7 videos.
Videos from arago
The most watched videos on arago's YouTube channel, Almato AG (58 subscribers). Click a video to play it here.
More on Almato AG.
Funding Insights of arago
arago has successfully raised a total of $55M 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 $55M
- Total Rounds 3
- Last Round Unspecified — $5.5M
- First Round $55M
(Oct 2014)
- Investors Count 3
All 3 funding rounds of arago with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2020 | $5.5M | Unspecified | – | WISeKey | – |
| Jun 2016 | – | Private Equity Round | – | Carson Private Capital | – |
| Oct 2014 | $55M | Private Equity Round | – | KKR | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in by this private equity firm. | – | carsoncapital.com | Dallas, United States | |
Multiple sectors are invested in by this private equity firm. | 1976 | kkr.com | New York, United States | |
Secure digital identity solutions are provided for IoT and blockchain. | 1999 | wisekey.com | Geneva, Switzerland | |
Demolition and construction services are provided by Frank O'Gara & Sons. | – | ogara.co.uk | Irlam, Manchester, United Kingdom |
Investor details for arago
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Competitors of arago
arago has 8 listed competitors in our database, 8 of them funded. They include Chef, Ansible, Leapwork, Indeni and Robocorp, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| chef.io | 2008 | Seattle, United States | $130.5M | 43 | Infrastructure automation is provided for application servers and cloud integration. | |
| ansible.com | 2012 | Santa Barbara, United States | $6M | 7,477 | DevOps automation software is offered for infrastructure configuration. | |
| leapwork.com | 2015 | Copenhagen, Denmark | $79.61M | 48 | Platform for automated testing and robotic process automation | |
| indeni.com | 2009 | Tel Aviv, Israel | $24M | 9 | Network automation platform is used to deliver analytics and insights. | |
| robocorp.com | 2019 | San Francisco, United States | $32.05M | – | Cloud-based robotic process automation is delivered for enterprises. | |
| liongard.com | 2015 | Houston, United States | $34.16M | – | IT environments are managed for MSPs and enterprise operations. | |
| jareva.com | 2000 | Mountain View, United States | $20.5M | 1,894 | Enterprise server management workflows are automated through specialized products. | |
| oneio.cloud | 2011 | Helsinki, Finland | $18.41M | – | Cloud-based SaaS platform for IT operations and integrations is provided. |
Detailed competitors of arago
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Top companies in IT Services & Operations
10 companies that operate in the same segment as arago (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | 1,898 | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 5,196 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | 7,596 | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Related news about Arago
Complete news archive for arago
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Frequently Asked Questions about arago
arago was founded in 1995 and raised its 1st funding round 19 years after it was founded.
arago is headquartered in Frankfurt Am Main, Germany. It is registered at Frankfurt Am Main, Hesse, Germany.
arago is a funded company, having raised a total of $55M across 3 funding rounds to date. The company's 1st funding round was a Private Equity Round of $55M, raised on Oct 2014.
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.
arago's top competitors include Liongard, Jareva Technologies and ONEiO.
arago offers HIRO AI and Bardioc Semantic Data Platform.
arago has 4 investors. Key investors include KKR, WISeKey, Carson Private Capital, and Frank O'Gara & Sons.
arago operates through Arago Gmbh.
Yes. arago was acquired by WISeKey in February 2021.