About Aras
Aras is a Technology company based in Andover (United States) founded in 2000 by Peter Schroer. It operates as a low-code platform is utilized for application building and PLM software. It operates in the Technology and Industrial Goods & Manufacturing sectors. Aras has raised $134.69 million across 11 funding rounds from investors including Goldman Sachs, GI Partners and General Electric. Aras has completed 1 acquisition, including Comet Solutions. Its chief executive is Roque Martin. Its website aras.com draws about 84 thousand monthly visits. Its focus areas include Enterprise Applications, Manufacturing Tech, Product Design & Development and PLM. Its competitors include PTC, Centric Software, One Click LCA, CENIT and Duro and 1 more; 3 of its 6 listed competitors have raised funding.
Company details
Founded in 2000 and based in Andover, United States, Aras functions as a low-code platform in the software sector. Digital industrial applications are developed through open technology that supports enterprise-wide collaboration. Product digital histories and related assets are tracked by teams. Services encompass configuration management, change management, and visual collaboration tools, facilitating operations in product lifecycle management.
- Total Equity Funding$134.69M (USD)
in 11 rounds
- InvestorsGoldman Sachs
& 8 more
- Investments & Acquisitions
Apps and channels of Aras
its YouTube channel Aras has 2.67K subscribers and 30 videos.
Videos from Aras
The most watched videos on Aras's YouTube channel, Aras (2.67K subscribers). Click a video to play it here.
More on Aras.
Funding Insights of Aras
Aras has successfully raised a total of $134.69M across 11 strategic funding rounds. 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 $134.69M
- Total Rounds 11
- First Round $4.2M
(Sep 2003)
- Investors Count 9
Latest 10 of 11 funding rounds of Aras 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 |
|---|---|---|---|---|---|
| Apr 2021 | – | Series E | – | GI Partners | – |
| Nov 2018 | $70M | Series D | – | Goldman Sachs | |
| Sep 2018 | $1.5M | Series D | – | – | – |
| Sep 2017 | $40M | Series D | – | Silver Lake | |
| Nov 2015 | – | Debt – Conventional | – | – | |
| Jan 2015 | $2.79M | Series C | – | – | – |
| Dec 2013 | $2.79M | Series C | – | – | – |
| Jun 2013 | – | Series C | – | Blue Cloud Ventures | – |
| Aug 2009 | $1.16M | Series C | – | – | – |
| Jun 2004 | $12.25M | Series C | – | Oak Investment Partners |
9 investors in total: 9 institutional.
Investors in Aras
Aras has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, GI Partners and General Electric.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Data infrastructure companies are targeted for private equity investments. | 2001 | gipartners.com | San Francisco, United States | |
Technology investing and private equity firm focused on partnerships. | – | silverlake.com | - | |
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Investment services providing debt and equity for lower middle market companies in the US. | – | baycapllc.com | - | |
Early-stage SaaS companies are funded by the venture capital firm. | – | bluecloudventures.com | New York, United States | |
Venture capital firm specializing in early-stage tech investments and founder support. | 1965 | greylock.com | - | |
Early-stage ventures are funded by the investment firm. | – | matrix.vc | San Francisco, United States | |
Venture capital investments are made in disruptive growth companies. | – | oakvc.com | Greenwich, United States | |
Diversified operations are conducted across multiple industries worldwide. | 1892 | ge.com | United States |
Investor details for Aras
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People of Aras
181 people are tracked at Aras (69 in leadership, 2 in board & advisors, 110 in team).
| Name | Role | Group |
|---|---|---|
Peter Schroer | Founder | Leadership |
Roque Martin | CEO | Leadership |
Andreas Grave | Director Regional Sales - Central Europe | Leadership |
Richard Mason | Director Digital Transformation | Leadership |
Greg Williams | Director Regional Sales - Northern Europe | Leadership |
Boris Levit | Director Of Software Development | Leadership |
Grant Killian | Senior Director, Cloud Operations | Leadership |
Sarah Petkiewicz | Senior Director HR Programs | Leadership |
Peter Kokas | Vice President IT Operations, Infrastructure And Security | Leadership |
Jillian Jakubowicz | Director, Customer Success Operations | Leadership |
Jonathon Lopez-Pitts | Head Of Total Rewards | Leadership |
Rob McAveney | CTO | Leadership |
Sam Abu-Hamdan | Head of Operations, North America | Leadership |
Lalitha Gunturi | General Counsel & Chief People Officer | Leadership |
Will Porter | CFO | Leadership |
Josh Epstein | CMO | Leadership |
Nickolas Wyatt | Senior Director Marketing Operations And Digital Marketing | Leadership |
Don Cooper | VP of Global Alliances | Leadership |
Kathy Wilson | Senior Director, GTM Readiness | Leadership |
Tim Keer | Director North America Pre-sales | Leadership |
161 more people are available in the full profile.
Complete people profiles for Aras
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Aras
Aras has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Comet Solutions.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Simulation software for product development is provided by Comet Solutions. | cometsolutions.com | Albuquerque, United States | 2001 | Sep 2018 | •••• |
Complete acquisition details for Aras
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Timeline of Aras
4 dated milestones of Aras across 21 years, from founding to its latest funding, stage changes and deals.
- Founded Aras is founded.
- Funding First funding round of $4.2M.
- Acquisition Acquires Comet Solutions.
- Funding Latest funding round, Series E,.
Competitors of Aras
Aras has 6 listed competitors in our database, 3 of them funded. They include PTC, Centric Software, One Click LCA, CENIT and Duro, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ptc.com | 1985 | Boston, United States | – | 353 | PTC is recognized as a global leader in product lifecycle management software. | |
| centricsoftware.com | 1997 | Los Gatos, United States | $80.92M | 165 | Platform offering software product lifecycle management software | |
| oneclicklca.com | 2001 | Helsinki, Finland | $43.78M | – | Lifecycle assessment software is provided for construction and manufacturing sectors. | |
| cenit.com | 1988 | Stuttgart, Germany | – | 17 | Provider of PLM and SAP implementation services | |
| durolabs.co | 2016 | Los Angeles, United States | $11.5M | – | Cloud-based software for product lifecycle management is provided. | |
| contact-software.com | 2004 | Bremen, Germany | – | – | PLM-based digital twin platforms are developed for product management. |
Detailed competitors of Aras
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Web traffic of Aras
The website of Aras (aras.com) receives about 83.6K visits a month.
- Monthly visits83.6K
▲ 3.2% vs previous month
Websites whose visitors overlap most with Aras. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| buyplm.com | 100% | – | #5,195,705 | View details | |
beyondplm.com | beyondplm.com | 96% | – | #2,495,949 | – |
| softech.com | 85% | – | – | View details | |
| 3ds.com | 84% | 3.5M | #12,596 | View details | |
| ptc.com | 84% | 1.1M | #43,636 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Aras
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- 40 similar websites
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Top companies in Digital Twin & Simulation Platforms
10 companies that operate in the same segment as Aras (Digital Twin & Simulation Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of cloud and AI-based virtual tour solutions for construction professionals | 2011 | Sunnyvale, California, United States | USD 163.18 M | – | – | |
Hexagon is recognized for delivering advanced measurement and automation technologies. | 1980 | Stockholm, Sweden | – | USD 6.52 B | – | |
Construction sites are monitored via AI-powered SaaS technology. | 2017 | San Francisco, California, United States | USD 198.7 M | – | – | |
Industrial process data is analyzed through advanced analytics solutions. | 2013 | Seattle, Washington, United States | USD 198.14 M | – | 138 | |
AI-based software for production data analysis and collaboration is provided. | 2016 | Lysaker, Akershus, Norway | USD 225 M | USD 82.56 M | 931 | |
No-code platform for AR and VR metaverse experiences is provided. | 2016 | San Mateo, California, United States | USD 10.6 M | USD 563.59 K | 61 | |
Network testing platform is utilized for visibility and outage prevention. | 2013 | Los Altos, California, United States | USD 112.97 M | – | – | |
Blockchain-based network for AI infrastructure and applications is operated. | 2017 | Cambridge, Cambridgeshire, United Kingdom | USD 61.95 M | – | – | |
Web-based platform for solar power plant optimization is developed. | 2019 | Berkeley, California, United States | USD 207 M | – | – | |
Provider of AI-based clinical trial management software | 2017 | San Francisco, California, United States | USD 127.13 M | – | – |
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Related news about Aras
Complete news archive for Aras
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Frequently Asked Questions about Aras
Aras was founded in 2000 and raised its 1st funding round 3 years after it was founded.
Aras is headquartered in Andover, United States. It is registered at Andover, Massachusetts, United States.
Roque Martin is the current CEO of Aras.
Aras is a funded company, having raised a total of $134.69M across 11 funding rounds to date. The company's 1st funding round was a Series C of $12.25M, raised on Sep 2003.
Founded in 2000 and based in Andover, United States, Aras functions as a low-code platform in the software sector. Digital industrial applications are developed through open technology that supports enterprise-wide collaboration. Product digital histories and related assets are tracked by teams. Services encompass configuration management, change management, and visual collaboration tools, facilitating operations in product lifecycle management.
Aras's top competitors include Centric Software, PTC and One Click LCA.
Aras has made 1 acquisition, including Comet Solutions.
Aras has 9 investors. Key investors include Goldman Sachs, GI Partners, General Electric, Silver Lake, and Bay Capital Investment Partners.