Aras - About the company
Aras is a series E company based in Andover (United States), founded in 2000. It operates as a Low code platform offering software to build applications and a PLM software. Aras has raised $139M in funding from investors like Greylock Partners, Goldman Sachs and Silver Lake. The company has 81 active competitors, including 12 funded and 9 that have exited. Its top competitors include companies like PTC, One Click LCA and Centric Software.
Company Details
Low code platform offering software to build applications and a PLM. The platform enables members to create digital industrial applications with open, low code technology. The software supports collaboration and allows teams across the enterprise to follow the product's digital history and all of its related digital assets. It also offers solutions such as configuration management, change management, visual collaboration, etc.
- Website
- aras.com
- Email ID
- *****@aras.com
- Phone Number
- +1 **********
- Registered Address
- Andover, Massachusetts
Key Metrics
Founded Year
2000
Location
Andover, United States
Stage
Series E
Total Funding
$139M in 12 rounds
Latest Funding Round
Investors
Ranked
2nd among 81 active competitors
Employee Count
807 as on Aug 31, 2026
Investment & Acquisitions
Legal entities associated with Aras
Aras is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ARAS CIN: 205427211 , United States, Active | - | 7 (As on Dec 31, 2024) | - | |
Aras Corporation CIN: 43509904 , United States, Active | Dec 31, 1999 | - | 179 (As on Dec 31, 2024) | - |
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Aras's funding and investors
Aras has raised a total funding of $139M over 12 rounds. Its first funding round was on Sep 22, 2003. Its latest funding round was a Series E round on Apr 19, 2021 for $*****. 1 investor participated in its latest round. Aras has 16 institutional investors.
Here is the list of recent funding rounds of Aras:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 19, 2021 | 3917240 | Series E | 5335283 | 1779481 | 5832244 | 7128649 |
Nov 21, 2018 | 4619963 | Series D | 8739189 | 8131720 | 8937617 | |
Sep 21, 2018 | 7782133 | Series D | 3140161 | 8672321 | 4273825 | 8312783 |
View details of Aras's funding rounds and investors
Aras' founders and board of directors
Founder? Claim ProfileAras' employee count trend
Aras has 807 employees as of Aug 26. Here is Aras's employee count trend over the years:
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Aras's Competitors and alternates
Top competitors of Aras include PTC, One Click LCA and Centric Software. Here is the list of Top 10 competitors of Aras, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | PTC 1985, Boston (United States), Public | Provider of software for product lifecycle management, CAD, IoT, and service | - | 73/100 | |
2nd | Aras 2000, Andover (United States), Series E | Low code platform offering software to build applications and a PLM software | $139M | 65/100 | |
3rd | One Click LCA 2001, Helsinki (Finland), Late Stage | Provider of lifecycle assessment software for construction and manufacturing industries | $43.8M | 61/100 | |
4th | Centric Software 1997, Los Gatos (United States), Acquired | Platform offering software product lifecycle management software | $80.9M | 57/100 | |
5th | Provider of PLM and SAP implementation services | - | 53/100 | ||
6th | Foundation EGI 2023, Los Altos (United States), Series A | Provider of AI-powered platform for hardware engineering | $30.6M | 48/100 | |
7th | Arevo 2013, Santa Clara (United States), Deadpooled | Provides product lifecycle management software | $70.8M | 47/100 | |
8th | PROLIM 2005, Farmington Hills (United States), Unfunded | Product lifecycle management services | - | - | 46/100 |
9th | Siemens PLM Software 1963, Plano (United States), Unfunded | Developer of software for product life cycle management | - | - | 41/100 |
10th | EcoChain 2011, Amsterdam (Netherlands), Series A | Provider of software for product footprinting, environmental product declarations, and LCAs | $5.52M | 41/100 |
Looking for more details on Aras's competitors? Click here to see the top ones
Aras's Investments and acquisitions
Aras has acquired Comet Solutions. Aras has not made any investments as of now.Reports related to Aras
Here is the latest report on Aras's sector:
News related to Aras
Media has covered Aras for a total of 9 events in the last 1 year, 6 of them have been about company updates and 2 about people movement.
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Aras Joins Alliance for OpenUSD to Enhance Digital Twins with Nvidia Omniverse IntegrationIndustrial Explorer•May 25, 2026•Aras
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Lightium Selects Aras Innovator to Support Development of Photonic AI ChipsBusiness Wire•May 12, 2026•Lightium, Aras
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Blykalla Selects Aras to Support Lifecycle Management for Next-Generation Nuclear Reactor DevelopmentBusiness Wire•Apr 28, 2026•Blykalla, Aras
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Aras Expands InnovatorEdge with New Services for API Management, App Development, and Agentic AIBusiness Wire•Feb 26, 2026•Aras
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Aras Advances Cloud Strategy to Support Deployment Flexibility and Accelerated Access to AIBusiness Wire•Feb 26, 2026•Aras
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Aras Appoints Przemek Berendt as SVP of Engineering and AI Transformationintelligence360•Feb 10, 2026•Aras
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Aras Recognized with IDC’s 2025 SaaS Customer Satisfaction Award for PLMBusiness Wire•Nov 04, 2025•Aras
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Product Lifecycle Management Aras ausgezeichnet als führender PLM-AnbieterIndustry of Things•Jul 28, 2025•Aras
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