Aras

Andover, United States Founded: 2000 • Age: 26 yrs
Low-code platform is utilized for application building and PLM software.
Annual revenue - Latest available
Total funding $134.7M 11 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products - Services tracked
Competitors 7 Brand Intelligence

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
  • Sectors
    Technology
    Industrial Goods & Manufacturing
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $134.69 M (USD)

    in 11 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
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People of Aras

Headcount 200-500
Employee Profiles 181
Board Members and Advisors 3
Employee Profiles
People
Leon Lauritsen
SVP of Global Sales & GM, Europe
People
Andreas Grave
Director Regional Sales - Central Europe
People
David McDonnell
PLM Solutions Consultant
People
Richard Mason
Director Digital Transformation

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Data infrastructure companies are targeted for private equity investments.
Locked Locked Locked
Technology investing and private equity firm focused on partnerships.
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Investment banking services are delivered across multiple financial sectors.
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Investor details for Aras

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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.

Investments
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Investment portfolio details for Aras

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Simulation software for product development is provided by Comet Solutions.
Locked Locked 2001 Locked
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Complete acquisition details for Aras

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Financial Statements - Aras

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Detailed financials for Aras

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Aras Comparisons

Aras Primary company
Description
Low-code platform is utilized for application building and P...
Location
Andover, United States
Founded Year
2000
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Aras

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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.

Company Name Domain Founded year HQ Location Description
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PTC is recognized as a global leader in product lifecycle management software.
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Platform offering software product lifecycle management software
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Lifecycle assessment software is provided for construction and manufacturing sectors.
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Provider of PLM and SAP implementation services
Locked Locked Locked
Cloud-based software for product lifecycle management is provided.
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Detailed competitors of Aras

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Latest news on Aras

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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.

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.

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