When was Tessera Labs founded?

Tessera Labs was founded in 2024 and raised its 1st funding round 2 years after it was founded.

Where is Tessera Labs located?

Tessera Labs is headquartered in San Jose, United States.

Who is the current CEO of Tessera Labs?

Kabir Nagrecha of Tessera Labs. They have also founded 1 company.

How many employees does Tessera Labs have?

As of May 31, 2026, the latest employee count at Tessera Labs is 53.

Is Tessera Labs a funded company?

Tessera Labs is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on May 05, 2026.

When was the latest funding round of Tessera Labs?

Tessera Labs' latest funding was a $***** Series A round on May 05, 2026, with participation from 4 investors.

Where does Tessera Labs rank among its competitors?

Tessera Labs ranks 5th amongst 13 active competitors, of which 5 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Nova Intelligence, which secured $8.5M in May, 2026.

Who are the top competitors of Tessera Labs?

Tessera Labs' top competitors include Conduct, Nova Intelligence and Avantra. Among them, Nova Intelligence secured the most recent funding round in May, 2026.

Tessera Labs - 2026 Company Profile, Team, Funding & Competitors

Tessera Labs is a series A company based in San Jose (United States), founded in 2024 by Ming Chang and Kabir Nagrecha. It operates as a Developer of artificial intelligence software for enterprise resource planning modernization. Tessera Labs has raised $60M in funding from Andreessen Horowitz. The company has 13 active competitors, including 5 that are funded. Its top competitors include companies like Conduct, Nova Intelligence and Avantra.

Company Details

Developer of artificial intelligence software for enterprise resource planning modernization. This platform utilizes multi-agent automation to orchestrate data, processes, and code across connected business systems. It provides governance and traceability for technical changes within regulated environments. The software facilitates the migration of legacy systems, improves data quality, and harmonizes operations across various enterprise applications. By automating code remediation and system integration, the technology assists technical teams in managing complex infrastructure updates.

Website: www.tesseralabs.ai/
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Key Metrics

Founded Year

2024

Location

San Jose, United States

Stage

Series A

Total Funding

$60M in 1 round

Latest Funding Round

Series A, May 05, 2026, $*****

Investors

Andreessen Horowitz & 3 more

Ranked

5^th among 13 active competitors

Employee Count

53 as on May 31, 2026

Similar Companies

Conduct & 10 more

View Tessera Labs' full profile

Tessera Labs has raised a total funding of $60M over 1 round. Its latest funding round was a Series A round on May 05, 2026 for $*****. 4 investors participated in its latest round. Tessera Labs has 4 institutional investors.

Here is the list of recent funding rounds of Tessera Labs:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 05, 2026	3636726	Series A	8810709	1326667	4743152	1454944

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View details of Tessera Labs's funding rounds and investors

The founders of Tessera Labs are Ming Chang and Kabir Nagrecha. Kabir Nagrecha is the CEO of Tessera Labs.

Here are the details of Tessera Labs' key team members:

Ming Chang: Co-Founder & COO of Tessera Labs.
Contact Info: 1 email address
Kabir Nagrecha: Co-Founder & CEO of Tessera Labs.
Contact Info: 1 email address

View details of Tessera Labs's Founder profiles and Board Members

Tessera Labs' employee count trend

Tessera Labs has 53 employees as of May 26. Here is Tessera Labs's employee count trend over the years:

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Top competitors of Tessera Labs include Conduct, Nova Intelligence and Avantra. Here is the list of Top 10 competitors of Tessera Labs, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Conduct 2024, London (United Kingdom), Seed	Provider of AI platform for understanding and managing SAP customizations	$20.1M	Creandum, Booom & 1 others	52/100
2nd	Nova Intelligence 2024, San Francisco (United States), Series A	Developer of an AI platform for SAP system management	$42M	Accel, Chemistry VC & 3 others	52/100
3rd	Avantra 2000, Richmond (United Kingdom), Late Stage	Cloud-based IT operations automation management software	-	Resurgens Technology Partners, Synova	46/100
4th	smartShift 2002, Boston (United States), Late Stage	Platform offering cloud application migration solutions	-	Ridgemont Equity partners	42/100
5th	Tessera Labs 2024, San Jose (United States), Series A	Developer of artificial intelligence software for enterprise resource planning modernization	$60M	Myriad Venture Partners, Andreessen Horowitz ... & 2 others	36/100
6th	Dodge AI 2025, San Francisco (United States), Seed	Provider of AI-based process intelligence for SAP agents automating CPG processes	$2.23M	Antler, Accel & 2 others	34/100
7th	Sookti.ai 2025, Gurugram (India), Seed	Provider of AI-powered solutions for SAP development, implementation, and migration	-	Titan Capital	28/100
8th	LeapGreat 2018, Alpharetta (United States), Unfunded	Provider of a SaaS platform automating SAP ERP implementations	-	-	26/100
9th	Sysparency 2020, Hagenberg (Austria), Unfunded	Provider of automated SAP custom code analysis and documentation	-	-	16/100
10th	Cap-Pilot Germany, Unfunded	CAP Pilot - Intelligent SAP CAP Development Assistant \| AI-Powered Code Companion	-	-	16/100