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aPriori - About the company

aPriori is a series D company based in Concord (United States), founded in 2003 by Michael Philpott. It operates as a Product cost management solutions for discrete manufacturing. aPriori has raised $109M in funding from investors like Sigma Partners, Vista Equity Partners and Sigma Prime Ventures. The company has 52 active competitors, including 6 funded and 11 that have exited. Its top competitors include companies like Process Systems Enterprise, SIMUL8 Corporation and CENOS.

Company Details

aPriori provides an enterprise cost management platform for discrete manufacturers and their suppliers. Provides solutions for design cost analysis, should cost negotiation and business development for aerospace, automotive, industrial machinery and tech industries. Their modular solution includes cost models and an engine that can extract information from 3D solid CAD models to evaluate part and product cost and to quantify the impact of product design changes, manufacturing process, materials, and volumes. Has a strategic partnership with Quest Global to deploy PCM solution that can simulate costs in real-time. Customers include Whirlpool, ThyssenKrupp Elevator, Honeywell Aerospace, and Nacco Material Handling.
Social
X
Email ID
*****@apriori.com
Phone Number
+1 **********
Key Metrics
Founded Year
2003
Location
Concord, United States
Stage
Series D
Total Funding
$109M in 13 rounds
Latest Funding Round
Ranked
Employee Count
276 as on Mar 31, 2026
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aPriori's funding and investors

aPriori has raised a total funding of $109M over 13 rounds. Its first funding round was on Mar 08, 2005. Its latest funding round was a Series D round on Jul 26, 2024 for $*****. 1 investor participated in its latest round. aPriori has 11 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of aPriori:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 26, 2024
3169817
Series D
4437262
5550217
5643980
5903493
Oct 19, 2023
8313591
Series D
5210590
9482499
5275996
2090133
Sep 07, 2021
6712389
Series D
2631725
4119771
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aPriori's founders and board of directors

Founder? Claim Profile
The founders of aPriori is Michael Philpott.
Here are the details of aPriori's key team members:

aPriori's Board of Directors

aPriori's board has 12 active members. Richard Dale, Mike DiPiano, David Follett, William Godfrey, Kent Parker, Robert E Davoli, Stephanie Feraday, Eric Sockol, Eric A Hiller, Robert Davoli, Robert E. Davoli and William Berutti are independent board members.
Here is the list of aPriori's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
14y 9m
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Independent board member
-
Current
2y 6m
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Independent board member
-
Current
1y 6m
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Independent board member
-
Current
3y 4m
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Independent board member
-
Current
8y 2m
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Independent board member
-
Current
1y 7m
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Independent board member
-
Current
2y 8m
ehbfhrk
Independent board member
-
Current
2y 8m
ana{ctp
Independent board member
-
Current
5y 7m
wkrppts
Independent board member
-
Current
8y 6m
wrkci{t
Independent board member
-
Current
9y 4m
aoziiue
Independent board member
-
Current
8y 8m

aPriori's employee count trend

aPriori has 276 employees as of Mar 26. Here is aPriori's employee count trend over the years:
Employee count trend for aPriori
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aPriori's Competitors and alternates

Top competitors of aPriori include Process Systems Enterprise, SIMUL8 Corporation and CENOS. Here is the list of Top 10 competitors of aPriori, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for aPriori
aPriori
2003, Concord (United States), Series D
Product cost management solutions for discrete manufacturing
$109M
59/100
2nd
Process modeling software and model based engineering services
$3.05M
45/100
3rd
Logo for SIMUL8 Corporation
SIMUL8 Corporation
1994, Bridge (United Kingdom), Acquired
Developer of simulation software for process improvement and decision-making
-
-
43/100
4th
Logo for CENOS
CENOS
2017, Riga (Latvia), Seed
3D simulation software for induction heating applications
$1.29M
40/100
5th
Logo for CreateASoft
CreateASoft
1992, Chicago (United States), Unfunded
AI-powered simulation and digital twin software solutions for industry optimization
-
-
40/100
6th
Logo for Simufact Engineering
Simufact Engineering
1995, Hamburg (Germany), Acquired
Process simulation software and service provider
-
-
37/100
7th
Logo for Simio
Simio
2006, Sewickley (United States), Acquired
Simulation Software
$2.38M
-
35/100
8th
Logo for Lanner
Lanner
1978, Warwick (United Kingdom), Acquired
Develops a predictive simulation software
-
-
34/100
9th
Logo for Shichuang Technology
Shichuang Technology
2016, Haidian (China), Series B
Provider of CAE software for the manufacturing industry
-
33/100
10th
Logo for Simreka
Simreka
2015, Dusseldorf (Germany), Seed
AI and ML based simulation software for the new materials discovery
-
33/100
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aPriori's Investments and acquisitions

aPriori has made no investments or acquisitions yet.

News related to aPriori

lockFilter this list
Media has covered aPriori for 1 event in last 1 year.
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FAQs about aPriori

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