About ERA
ERA is a company based in Seattle (United States) founded in 2019 by Todd Persen and Robert Winslow was acquired by ServiceNow in October 2022.. ERA has raised $22.25 million across 2 funding rounds from investors including ServiceNow, Foundation Capital and Array Ventures. The company has 6 employees as of December 31, 2022. ERA operates in a competitive market with competitors including Square, Sumo Logic, New Relic, Grafana and Observe, among others.
- Headquarter Seattle, United States
- Employees 6 as on 31 Dec, 2022
- Founders Todd Persen, Robert Winslow
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ae Employment Consultant 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
$22.25 M (USD)
in 2 rounds
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Latest Funding Round
$15.25 M (USD), Series A
Apr 20, 2021
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Investors
ServiceNow
& 4 more
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Employee Count
6
as on Dec 31, 2022
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Acquired by
ServiceNow
(Oct 05, 2022)
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Software Development Team
495 people
Leadership Team
182 people
Product Management Team
180 people
Sales and Marketing
132 people
Senior Team
51 people
Operations Team
48 people
Human Resources and Administration
35 people
Finance and Accounting
24 people
Unlock access to complete
Funding Insights of ERA
ERA has successfully raised a total of $22.25M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $15.25 million completed in April 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 2
- Last Round Series A — $15.2M
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First Round
First Round
(01 Jun 2020)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Series A - ERA | Valuation | Playground Global | |
| Jun, 2020 | Amount | Seed - ERA | Valuation | Foundation Capital |
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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 ERA
ERA has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include ServiceNow, Foundation Capital and Array Ventures. 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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Tech focused VC firm investing in the US & Israel
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage startups
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple 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 ERA
| 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 - ERA
| 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 |
Era Comparisons
Competitors of ERA
ERA 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 Square, Sumo Logic, New Relic, Grafana and Observe, 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 |
POS solutions are provided for retail businesses.
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| domain | founded_year | HQ Location |
Cloud-based log management and security analytics solutions are delivered.
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| domain | founded_year | HQ Location |
Enterprise observability solutions are delivered via cloud and AI platforms.
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| domain | founded_year | HQ Location |
Cloud-based dashboards for data visualization and analysis are developed.
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| domain | founded_year | HQ Location |
AI-powered observability platform is provided for scalable data management.
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| domain | founded_year | HQ Location |
Cloud-native observability platform for enterprise infrastructure monitoring is provided.
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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 Era
Frequently Asked Questions about ERA
When was ERA founded?
ERA was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is ERA located?
ERA is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Who is the current CEO of ERA?
Todd Persen is the current CEO of ERA. They have also founded this company.
Is ERA a funded company?
ERA is a funded company, having raised a total of $22.25M across 2 funding rounds to date. The company's 1st funding round was a Seed of $7M, raised on Jun 01, 2020.
How many employees does ERA have?
As of Dec 31, 2022, the latest employee count at ERA is 6.
What does ERA do?
Era was founded in 2019 in Seattle, United States, as a provider of cloud-based log management software. A time series database architecture is utilized, featuring decoupled storage and computing, zero-schema data storage, and flexible indexing through machine learning. The platform incorporates machine learning and artificial intelligence technologies to support operations in the software sector.
Who are the top competitors of ERA?
ERA's top competitors include Square, Sumo Logic and New Relic.
Who are ERA's investors?
ERA has 5 investors. Key investors include ServiceNow, Foundation Capital, Array Ventures, Global Founders Capital, and Playground Global.