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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
Social
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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
Ranked
Employee Count
807 as on Aug 31, 2026
Investment & Acquisitions
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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:lockFilter 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
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Aras' founders and board of directors

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Aras' employee count trend

Aras has 807 employees as of Aug 26. Here is Aras's employee count trend over the years:
Employee count trend for Aras
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for PTC
PTC
1985, Boston (United States), Public
Provider of software for product lifecycle management, CAD, IoT, and service
-
73/100
2nd
Logo for Aras
Aras
2000, Andover (United States), Series E
Low code platform offering software to build applications and a PLM software
$139M
65/100
3rd
Logo for One Click LCA
One Click LCA
2001, Helsinki (Finland), Late Stage
Provider of lifecycle assessment software for construction and manufacturing industries
$43.8M
61/100
4th
Logo for Centric Software
Centric Software
1997, Los Gatos (United States), Acquired
Platform offering software product lifecycle management software
$80.9M
57/100
5th
Logo for CENIT
CENIT
1988, Stuttgart (Germany), Public
Provider of PLM and SAP implementation services
-
53/100
6th
Logo for Foundation EGI
Foundation EGI
2023, Los Altos (United States), Series A
Provider of AI-powered platform for hardware engineering
$30.6M
48/100
7th
Logo for Arevo
Arevo
2013, Santa Clara (United States), Deadpooled
Provides product lifecycle management software
$70.8M
47/100
8th
Logo for PROLIM
PROLIM
2005, Farmington Hills (United States), Unfunded
Product lifecycle management services
-
-
46/100
9th
Logo for Siemens PLM Software
Siemens PLM Software
1963, Plano (United States), Unfunded
Developer of software for product life cycle management
-
-
41/100
10th
Logo for EcoChain
EcoChain
2011, Amsterdam (Netherlands), Series A
Provider of software for product footprinting, environmental product declarations, and LCAs
$5.52M
41/100
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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

lockFilter this list
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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FAQs about Aras

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