About Ario
Ario is a company based in Norfolk (United States) founded in 2002 was acquired by Thinking Capital in November 2020.. Ario has raised $2.75 million across 3 funding rounds from investors including Plug and Play Tech Center, Thinking Capital and NIH SBIR/STTR. Ario operates in a competitive market with competitors including Atheer, Librestream, Scope AR, Help Lightning and Augmentir, among others.
- Headquarter Norfolk, United States
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Sectors
Technology
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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
$2.75 M (USD)
in 3 rounds
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Latest Funding Round
$750 K (USD), Seed
Aug 04, 2021
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Investors
Plug and Play Tech Center
& 5 more
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Employee Count
Employee Count
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Acquired by
Thinking Capital
(Nov 10, 2020)
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Funding Insights of Ario
Ario has successfully raised a total of $2.75M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $750 thousand completed in August 2021. 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 3
- Last Round Seed — $750,000
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First Round
First Round
(22 Aug 2019)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Seed - Ario | Valuation |
investors |
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| Aug, 2019 | Amount | Grant - Ario | Valuation |
investors |
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| Aug, 2019 | Amount | Seed - Ario | Valuation | New Richmond Ventures , 757 Angels |
| 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 Ario
Ario has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Plug and Play Tech Center, Thinking Capital and NIH SBIR/STTR. 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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Founded Year | Domain | Location | |
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Startups are accelerated and invested in across multiple tech sectors.
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Founded Year | Domain | Location | |
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Early-stage VC firm funding companies in the US
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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 Ario
| 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 - Ario
| 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 |
Ario Comparisons
Competitors of Ario
Ario 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 Atheer, Librestream, Scope AR, Help Lightning and Augmentir, 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 |
Augmented reality platform for enterprise applications is provided.
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| domain | founded_year | HQ Location |
On-site video collaboration solutions are delivered to service businesses.
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| domain | founded_year | HQ Location |
AR-based software for remote assistance support is provided.
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| domain | founded_year | HQ Location |
Augmented reality solutions for remote collaboration are provided.
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| domain | founded_year | HQ Location |
Provider of a platform offering AR solutions for industrial front-line workers
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| domain | founded_year | HQ Location |
Provider of a cloud-based visual collaboration platform
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Ario
Frequently Asked Questions about Ario
When was Ario founded?
Ario was founded in 2002 and raised its 1st funding round 17 years after it was founded.
Where is Ario located?
Ario is headquartered in Norfolk, United States. It is registered at Norfolk, Virginia, United States.
Is Ario a funded company?
Ario is a funded company, having raised a total of $2.75M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Aug 22, 2019.
What does Ario do?
Provider of AR-based productivity platform for enterprises. The company has developed an augmented reality-based productivity application for enterprises to increase the safety and efficiency of their workers. It allows employees to access spatial documentation created by remote experts in a superimposed environment, add labels for real-time collaboration, attach multimedia content (such as videos, PDFs, images, and instructions), and find any items that have labels, among others. Additionally, it allows workers to check in and way-point to data. The company also provides a companion web-based dashboard that allows enterprises to manage content to be displayed to the workers and features a built-in analytics suite for gaining actionable insights. Use cases are in the areas of logistics, training, retail, and military, to name a few.
Who are the top competitors of Ario?
Who are Ario's investors?
Ario has 6 investors. Key investors include Plug and Play Tech Center, Thinking Capital, NIH SBIR/STTR, Center for Innovative Technology, and NRV.
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