Arena - About the company
Arena is a series B company based in New York City (United States), founded in 2019 by Engin Ural. It operates as a Developer of foundational intelligence software for hardware verification, debugging, and optimization. Arena has raised $62M in funding from investors like Initialized Capital, Goldcrest and Fifth Down Capital. The company has 1152 active competitors, including 212 funded and 84 that have exited. Its top competitors include companies like Palantir, Databricks and Altair.
Company Details
Developer of foundational intelligence software for hardware verification, debugging, and optimization. The software is designed to verify, debug, and optimize hardware across its lifecycle. It focuses on integrated systems, wiring harnesses, embedded systems, and electromagnetism. The software aims to accelerate debugging and validation across multiple layers.
- Website
- arena-ai.com
- Social
Key Metrics
Founded Year
2019
Location
New York City, United States
Stage
Series B
Total Funding
$62M in 2 rounds
Latest Funding Round
Investors
Ranked
81st among 1152 active competitors
Employee Count
169 as on Mar 31, 2026
Legal entities associated with Arena
Arena is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ARENA TECHNOLOGIES, INC CIN: 843926841 , United States, Active | Dec 31, 1999 | - | 43 (As on Dec 31, 2024) | - |
Arena Technologies, Inc CIN: 84-3926841 , United States, Active | Dec 31, 2018 | - | 20 (As on Dec 31, 2021) | - |
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Arena's funding and investors
Arena has raised a total funding of $62M over 2 rounds. Its first funding round was on Aug 02, 2022. Its latest funding round was a Series B round on Apr 08, 2025 for $*****. 6 investors participated in its latest round. Arena has 8 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Arena:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 08, 2025 | 4805202 | Series B | 4978461 | 6150390 | 6160162 | 8766441 |
Aug 02, 2022 | 1189217 | Series A | 3324060 | 4600594 |
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Arena's founders and board of directors
Founder? Claim ProfileThe founders of Arena is Engin Ural.
Here are the details of Arena's key team members:
- Engin Ural: Co-Founder & CTO of Arena and founder of 1 other company. Contact Info: 1 email address
View details of Arena's Founder profiles and Board Members
Arena's employee count trend
Arena has 169 employees as of Mar 26. Here is Arena's employee count trend over the years:
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Arena's Competitors and alternates
Top competitors of Arena include Palantir, Databricks and Altair. Here is the list of Top 10 competitors of Arena, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Palantir 2003, Denver (United States), Public | Platform that provides data analysis and management solutions | $2.46B | 84/100 | |
2nd |  Databricks 2013, San Francisco (United States), Series L | Data and AI platform that unifies analytics | $20.2B | 83/100 | |
3rd |  Altair 1985, Troy (United States), Acquired | Provider of enterprise software for simulation, data analytics, AI, and HPC | $35.1M | 77/100 | |
4th | Anaplan 2006, San Francisco (United States), Acquired | Provider of cloud-based platform for scenario planning, analysis, and reporting | $300M | 77/100 | |
5th | C3 AI 2009, Redwood City (United States), Public | Cloud based AI application development platform | $454M | 71/100 | |
6th |  Virtualitics 2016, Pasadena (United States), Series C | AI-driven platforms and applications for data analysis and optimization | $73.8M | 70/100 | |
7th | GoodData 2007, San Francisco (United States), Series E | Provider of a data intelligence platform for building agentic applications | $125M | 70/100 | |
8th | Mode 2013, San Francisco (United States), Acquired | Data analytics platform with integrated R, SQL and Python | $79.8M | 69/100 | |
9th | AI based automation solutions for process and utility optimization | $65.2M | 66/100 | ||
10th | Developer of software for automated financial decisioning and case management | $189M | 66/100 | ||
81st |  Arena 2019, New York City (United States), Series B | Developer of foundational intelligence software for hardware verification, debugging, and optimization | $62M | 48/100 |
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Arena's Investments and acquisitions
Arena has made no investments or acquisitions yet.
Reports related to Arena
Here is the latest report on Arena's sector:
News related to Arena
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Announcing our $32 million Series A to build autopilot for high-frequency decisionsArena•Aug 02, 2022•Arena, Initialized Capital, GOLDCREST CAPITAL, Founders Fund and 5 others
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