Atheer

Santa Clara, United States Founded: 2012 • Age: 14 yrs
Augmented reality platform for enterprise applications is provided.
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About Atheer

Atheer is a company based in Santa Clara (United States) founded in 2012.. Atheer has raised $36.83 million across 5 funding rounds from investors including Flex, FundersClub and Signature Capital. The company has 31 employees as of December 31, 2022. Atheer has completed 3 acquisitions, including Flype, OnTheGo Platforms and SpaceView. Atheer offers products and services including Technician Co-Pilot, Remote Assistance, and Partner Portal. Atheer operates in a competitive market with competitors including Parsable, Augmentir, CareAR, DAQRI and TechSee, among others.

  • Headquarter Santa Clara, United States
  • Employees 31 as on 31 Dec, 2022
  • Sectors
    Technology
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Technology → Extended, Virtual & Augmented Reality
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $36.83 M (USD)

    in 5 rounds

  • Latest Funding Round
    $12.27 M (USD), Series C

    Oct 06, 2017

  • Investors
    Flex

    & 8 more

  • Employee Count
    31

    as on Dec 31, 2022

  • Investments & Acquisitions
    Flype

    & 2 more

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Products & Services of Atheer

Atheer offers a comprehensive portfolio of products and services, including Technician Co-Pilot, Remote Assistance, and Partner Portal. 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.

Primary

Transforms field service with seamless integration and enhanced functionality.

Enables real-time remote support for technicians to resolve issues efficiently.

Facilitates communication and workflows among service partners and teams.

People of Atheer
Headcount 10-50
Employee Profiles 12
Employee Profiles
People
Kirtan K.
Lead Software Engineer
People
Jitendra Balkundi
Senior Development Manager
People
Chirag Patel
Devops Engineer
People
Darren Gbadamosi
Senior Solution Architect

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Funding Insights of Atheer

Atheer has successfully raised a total of $36.83M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $12.27 million completed in October 2017. 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 Rounds 5
  • Last Round Series C — $12.3M
  • First Round

    (06 Jan 2014)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2017 Amount Series C - Atheer Valuation

investors

Dec, 2015 Amount Series B - Atheer Valuation Signature Capital , Streamlined Ventures
Jul, 2015 Amount Series B - Atheer Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Atheer

Atheer has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Flex, FundersClub and Signature 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage US companies are invested in by RONA Holdings.
Founded Year Domain Location
-
Founded Year Domain Location
VC firm investing primarily in China, the US and Israel
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Atheer

Atheer has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Flype, OnTheGo Platforms and SpaceView. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Employee engagement solutions are delivered via a mobile knowledge platform.
2016
Recognition software for wearable devices is offered by OnTheGo Platforms.
2012
Cross-border property investment and asset management services are provided.
2012
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Atheer

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Atheer Comparisons

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Competitors of Atheer

Atheer 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 Parsable, Augmentir, CareAR, DAQRI and TechSee, 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
Collaboration software solutions are provided for industrial workers.
domain founded_year HQ Location
Provider of a platform offering AR solutions for industrial front-line workers
domain founded_year HQ Location
Provider of augmented reality based visual support solution
domain founded_year HQ Location
AR-based software for workforce productivity management is provided.
domain founded_year HQ Location
AI virtual agent for customer experience
domain founded_year HQ Location
Provider of a cloud-based visual collaboration platform
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Atheer

Frequently Asked Questions about Atheer

When was Atheer founded?

Atheer was founded in 2012 and raised its 1st funding round 2 years after it was founded.

Where is Atheer located?

Atheer is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.

Is Atheer a funded company?

Atheer is a funded company, having raised a total of $36.83M across 5 funding rounds to date. The company's 1st funding round was a Series B of $9.06M, raised on Jan 06, 2014.

How many employees does Atheer have?

As of Dec 31, 2022, the latest employee count at Atheer is 31.

What does Atheer do?

Founded in 2012 and based in Santa Clara, United States, Atheer offers an augmented reality platform tailored for enterprise use. Applications are deployed and managed on smart glasses to enhance productivity among front-line teams. AI is integrated to overlay digital information in workers visual fields, supporting gesture-based interactions. Relevant sectors include health care, oil and gas, and warehousing.

Who are the top competitors of Atheer?

Atheer's top competitors include Parsable, CareAR and Simulanis.

What products or services does Atheer offer?

Atheer offers Technician Co-Pilot, Remote Assistance, and Partner Portal.

How many acquisitions has Atheer made?

Atheer has made 3 acquisitions, including Flype, OnTheGo Platforms, and SpaceView.

Who are Atheer's investors?

Atheer has 9 investors. Key investors include Flex, FundersClub, Signature Capital, RONA Holdings, and Fangyi Equity Investment Fund.

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