About Hara
Hara is a company based in Minneapolis (United States) founded in 2008 was acquired by Verisae in September 2013.. Hara has raised $45 million across 3 funding rounds from investors including ConocoPhillips, Kleiner Perkins and NRG Energy. Hara offers products and services including IoT Remote Monitoring, CMMS, and Engineering Document Management. Hara operates in a competitive market with competitors including EcoVadis, Memfault, Xyte, Kii and Arch Systems, among others.
- Headquarter Minneapolis, 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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- Legal Name Accruent Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$45 M (USD)
in 3 rounds
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Latest Funding Round
$25 M (USD), Series C
May 17, 2011
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Investors
ConocoPhillips
& 9 more
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Employee Count
Employee Count
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Acquired by
Verisae
(Sep 30, 2013)
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Products & Services of Hara
Hara offers a comprehensive portfolio of products and services, including IoT Remote Monitoring, CMMS, and Engineering Document Management. 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.
Software for remote equipment monitoring and energy optimization.
System for automating facility maintenance and work orders.
Platform for sharing and collaborating on engineering documents.
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Software Development Team
62 people
Sales and Marketing
40 people
Leadership Team
30 people
Senior Team
16 people
Customer Team
13 people
Product Management Team
10 people
Data Analysis and Operations Team
6 people
Operations Team
5 people
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Funding Insights of Hara
Hara has successfully raised a total of $45M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $25 million completed in May 2011. 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 Series C — $25.0M
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First Round
First Round
(04 May 2009)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2011 | Amount | Series C - Hara | Valuation |
investors |
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| Sep, 2009 | Amount | Series B - Hara | Valuation | Nth Power , Icon Ventures | |
| May, 2009 | Amount | Series A - Hara | Valuation | Kleiner Perkins |
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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 Hara
Hara has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include ConocoPhillips, Kleiner Perkins and NRG Energy. 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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Energy technology companies are supported through strategic investments.
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Founded Year | Domain | Location | |
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Expansion-stage investments in US tech and offline sectors are made.
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Founded Year | Domain | Location | |
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Venture capital is offered by Nth Power for energy innovation.
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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 Hara
| 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 - Hara
| 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 |
Hara Comparisons
Competitors of Hara
Hara 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 EcoVadis, Memfault, Xyte, Kii and Arch Systems, 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 |
Sustainability ratings for supply chains are provided via SaaS platform.
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| domain | founded_year | HQ Location |
Embedded software patch management is delivered for consumer electronics devices.
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| domain | founded_year | HQ Location |
Cloud-based servitization platform is provided for OEM connected devices.
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| domain | founded_year | HQ Location |
Mobile Backend-as-a-Service and IoT cloud platform are offered by Kii.
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| domain | founded_year | HQ Location |
Cloud-based platforms and devices for IoT remote applications are developed.
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| domain | founded_year | HQ Location |
IoT infrastructure and device management platforms are offered.
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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 Hara
Frequently Asked Questions about Hara
When was Hara founded?
Hara was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is Hara located?
Hara is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Is Hara a funded company?
Hara is a funded company, having raised a total of $45M across 3 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on May 04, 2009.
What does Hara do?
Hara was founded in 2008 in Minneapolis, United States, within the energy and sustainability sector. A cloud-based platform is operated to deliver data for analysis, tracking, reporting, and implementation of cost-saving initiatives in water, waste, and related areas. Compliance standards, efficiency goals, and operational reports are aggregated to assess sustainability impacts for professionals in the field.
Who are the top competitors of Hara?
Hara's top competitors include EcoVadis, Manifest Climate and Memfault.
What products or services does Hara offer?
Hara offers IoT Remote Monitoring, CMMS, and Engineering Document Management.
Who are Hara's investors?
Hara has 10 investors. Key investors include ConocoPhillips, Kleiner Perkins, NRG Energy, Icon Ventures, and Verisae.
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