About Arena
Arena is a company based in New York (United States) founded in 2019 by Engin Ural and Pratap Ranade. It operates as a AI-as-a-Service. Arena has raised $62 million across 2 funding rounds from investors including Flexport, Initialized Capital and Fifth Down Capital. The company has 49 employees as of December 31, 2023. Arena offers products and services including Atlas. Arena operates in a competitive market with competitors including Quantexa, Faculty, SatSure, Impact Analytics and StarTree, among others.
- Headquarter New York, United States
- Employees 49 as on 31 Dec, 2023
- Founders Engin Ural, Pratap Ranade
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Arena Technologies, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$62 M (USD)
in 2 rounds
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Latest Funding Round
$30 M (USD), Series B
Apr 08, 2025
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Investors
Flexport
& 9 more
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Employee Count
49
as on Dec 31, 2023
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Products & Services of Arena
Arena offers a comprehensive portfolio of products and services, including Atlas. 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.
Atlas is used for hardware testing and optimization.
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Funding Insights of Arena
Arena has successfully raised a total of $62M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in April 2025. 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 2
- Last Round Series B — $30.0M
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First Round
First Round
(02 Aug 2022)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Series B - Arena | Valuation | Initialized Capital , Fifth Down Capital | |
| Aug, 2022 | Amount | Series A - Arena | Valuation | Initialized Capital , Goldcrest |
| 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 Arena
Arena has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Flexport, Initialized Capital and Fifth Down 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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Seed and early-stage technology investments are managed by the firm.
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Founded Year | Domain | Location | |
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Provider of private equity and venture capital investment firm
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Founded Year | Domain | Location | |
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Tech companies are invested in by Goldcrest VC fund.
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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 Arena
| 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 - Arena
| 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 |
Arena Comparisons
Competitors of Arena
Arena 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 Quantexa, Faculty, SatSure, Impact Analytics and StarTree, 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 |
AI-powered data and decision intelligence solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Provider of a data science platform and AI services
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| domain | founded_year | HQ Location |
Geospatial data analytics are powered by AI for business insights.
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| domain | founded_year | HQ Location |
AI-powered analytics solutions are provided for retail businesses.
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| domain | founded_year | HQ Location |
Cloud-based DBaaS and decision support software are provided.
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| domain | founded_year | HQ Location |
Cloud-based data visualization and analytics are delivered for decision making.
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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 Arena
Frequently Asked Questions about Arena
When was Arena founded?
Arena was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Arena located?
Arena is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Arena?
Pratap Ranade is the current CEO of Arena. They have also founded this company.
Is Arena a funded company?
Arena is a funded company, having raised a total of $62M across 2 funding rounds to date. The company's 1st funding round was a Series A of $32M, raised on Aug 02, 2022.
How many employees does Arena have?
As of Dec 31, 2023, the latest employee count at Arena is 49.
What does Arena do?
Arena is engaged in developing AI solutions for hardware innovation. The companys primary offering, Atlas, is utilized as an AI hardware engineer to accelerate testing, debugging, and optimization processes. It serves multiple industries including semiconductors, automotive, aerospace, defense, robotics, and medical devices. Atlas is applied across various layers of the hardware stack, from components to full production lines. Specialized deep learning models grounded in applied physics are integrated to enhance performance. Solutions are tailored to improve yield, quality, and efficiency in hardware development workflows.
Who are the top competitors of Arena?
Arena's top competitors include Quantexa, Faculty and Impact Analytics.
What products or services does Arena offer?
Arena offers Atlas.
Who are Arena's investors?
Arena has 10 investors. Key investors include Flexport, Initialized Capital, Fifth Down Capital, Goldcrest Capital, and Founders Fund.
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