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aPriori Technologies
AI-powered manufacturing insights for cost and carbon reduction
About aPriori Technologies
aPriori Technologies, Inc. is a software development company specializing in digital manufacturing solutions. Founded in 2003 by Michael Philpott, Eric Arno Hiller, and R Sebastian Schrader, the company is headquartered in Concord, Massachusetts, with a global presence that includes offices in Europe and Asia. The founding stemmed from research on process cost modeling led by Dr. Philpott at the University of Illinois at Urbana-Champaign, where he serves as an Associate Professor with extensive experience in design and manufacturing. Eric Arno Hiller architected the software and brought product management experience from his time at Ford Motor Company. The company is currently led by President and CEO Stephanie Feraday, who has a background in driving growth for software businesses at companies like Hewlett-Packard and Symantec.
The company provides a Manufacturing Insights Platform that utilizes AI and digital twins to deliver real-time analysis on product manufacturability, cost, and carbon footprint. This platform analyzes 3D CAD models to simulate and optimize designs early in the product development lifecycle. Its core technology creates digital replicas of production environments, known as 'Digital Factories', which consider machine capabilities, materials, and regional economic data from over 80 locations to provide precise cost predictions. The software supports over 450 manufacturing processes, including machining, casting, and additive manufacturing. aPriori's business model is centered on providing its software solutions to enterprise clients through both cloud-based and on-premise offerings. It serves discrete manufacturers across various sectors, including aerospace, automotive, high-tech electronics, and industrial machinery. By integrating with existing CAD and Product Lifecycle Management (PLM) systems, the platform enables engineers, sourcing professionals, and management to collaborate and make data-driven decisions that reduce expenses, shorten time-to-market, and meet sustainability goals.
Source: Dealroom company dataAt a glance
- Founded
- 2003
- Headquarters
- Concord, United States
- Sector
- Aviation
- Power Law
- Colt$25–100M revenue
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
Bain Capital Ventures
Sigma Partners
Sigma Prime Ventures
Series B and later7 investors entered at this stage
Autodesk
Oyster Angel Fund
Gutbrain Ventures
Omega Venture Partners- BCBruce Clarke
- GTGaurav Tewari
Vista Credit Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
across markets
Market sentiment
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