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Aras
Open Source Product Lifecycle Managements software solutions
About Aras
Aras is a leading provider of enterprise Product Lifecycle Management (PLM) software, designed to support digital transformation initiatives for businesses across various industries. The company's core product, Aras Innovator, offers a platform-based approach that allows organizations to manage the entire lifecycle of a product from conception through design, manufacturing, and service. Aras Innovator is highly customizable, enabling companies to tailor the software to their specific needs while ensuring continuous upgrades without disrupting existing customizations.
Aras serves a diverse range of clients, including large enterprises in sectors such as aerospace, automotive, electronics, and industrial manufacturing. The company operates in the global PLM market, which is essential for businesses aiming to streamline their product development processes and improve operational efficiency.
The business model of Aras revolves around a subscription-based licensing system, where clients pay for access to the software and its continuous updates. This model ensures a steady revenue stream while providing clients with the latest features and improvements. Additionally, Aras generates income through professional services, including implementation, training, and support, helping clients maximize the value of their PLM investments.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2000
- Headquarters
- Andover, United States
- Employees
- 788
- Open positions
- 30
- Dealroom signal
- 83.6/100
- Sector
- Other B2B Software, Document Management, Supply Chain Management, Open Source, Collaboration, Analytics, Architecture, Developer Tools, Resource Management, System Engineering, Customization, Real Time, Engineering Services
- Business model
- SaaS
- Client focus
- b2b
- Investment activity
- 2 companies, latest Jan 2022
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| MERGEROther financing | Jan 2022 | $0 | — | Minerva | ↗ |
| GROWTH EQUITY VCOther financing | Apr 2021 | $0 | — | GI Partners | — |
Growth signals
Latest recorded traffic for Aras is 130K monthly website visits, up 30% over the last three months. Aras's team grew 23.1% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
MinervaViby, DenmarkOptimizing business processes and data management workflows for the world's leading manufacturing companies
→
Comet SolutionsCincinnati, United StatesComet Solutions, a software development company, provides apps that enable manufacturers to streamline their product development processes
$35Mvaluation
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later6 investors entered at this stage
GE Ventures
Blue Cloud Ventures
Silver Lake Partners
Goldman Sachs- 4V40 North Ventures
GI Partners
Other known investors1 additional known investor
- Minerva
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Aras on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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