About Aras
Aras is a company based in Andover (United States) founded in 2000 by Peter Schroer.. 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. Aras operates in a competitive market with competitors including PTC, Centric Software, One Click LCA, CENIT and Duro, among others.
- Headquarter Andover, United States
- Founders Peter Schroer
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$134.69 M (USD)
in 11 rounds
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Latest Funding Round
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Investors
Goldman Sachs
& 8 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Software Development Team
49 people
Sales and Marketing
32 people
Leadership Team
27 people
Senior Team
16 people
Human Resources and Administration
8 people
Operations Team
7 people
Customer Team
5 people
Finance and Accounting
4 people
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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 Total Funding
- Total Rounds 11
- Last Round Last Round
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First Round
First Round
(22 Sep 2003)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Series E - Aras | Valuation | GI Partners |
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| Nov, 2018 | Amount | Series D - Aras | Valuation | Goldman Sachs | |
| Sep, 2018 | Amount | Series D - Aras | Valuation |
investors |
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| 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 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. 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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Data infrastructure companies are targeted for private equity investments.
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Founded Year | Domain | Location | |
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Technology investing and private equity firm focused on partnerships.
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Founded Year | Domain | Location | |
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Investment banking services are delivered across multiple financial sectors.
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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 Aras
Aras has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Comet Solutions. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Simulation software for product development is provided by Comet Solutions.
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2001 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Aras
| 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 |
Aras Comparisons
Competitors of Aras
Aras 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 PTC, Centric Software, One Click LCA, CENIT and Duro, 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 |
PTC is recognized as a global leader in product lifecycle management software.
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| domain | founded_year | HQ Location |
Platform offering software product lifecycle management software
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| domain | founded_year | HQ Location |
Lifecycle assessment software is provided for construction and manufacturing sectors.
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| domain | founded_year | HQ Location |
Provider of PLM and SAP implementation services
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| domain | founded_year | HQ Location |
Cloud-based software for product lifecycle management is provided.
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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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| 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 Aras
Frequently Asked Questions about Aras
When was Aras founded?
Aras was founded in 2000 and raised its 1st funding round 3 years after it was founded.
Where is Aras located?
Aras is headquartered in Andover, United States. It is registered at Andover, Massachusetts, United States.
Who is the current CEO of Aras?
Roque Martin is the current CEO of Aras.
Is Aras a funded company?
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 D of $1.5M, raised on Sep 22, 2003.
What does Aras do?
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.
Who are the top competitors of Aras?
Aras's top competitors include Centric Software, PTC and One Click LCA.
How many acquisitions has Aras made?
Aras has made 1 acquisition, including Comet Solutions.
Who are Aras's investors?
Aras has 9 investors. Key investors include Goldman Sachs, GI Partners, General Electric, Silver Lake, and Bay Capital Investment Partners.
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