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Atheer Labs

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The Standard for Enterprise Augmented Reality (AR) | Atheer

Santa Clara, United StatesFounded 2011Other B2B Software
Valuation $50–100M Last recorded · 2017
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Atheer Labs and the history behind them.

About Atheer Labs

Atheer Labs, founded in 2012 by Soulaiman Itani, operates as a key player in the enterprise augmented reality (AR) sector. The company's origins trace back to an AR research lab at UC Berkeley, where the potential for AR to support frontline workers was first explored. Itani, who holds a Ph.D. from MIT and conducted post-doctoral work at UC Berkeley, established the company believing AR could significantly impact how industrial work is performed. The name 'Atheer' fittingly translates to 'Ether' in Arabic. Initially, the firm developed its own hardware, the AiR™ Smart Glasses, which combined 3D displays with gesture-based controls. However, a strategic shift occurred around 2014, moving the company's focus from a consumer-oriented model to a B2B enterprise software platform.

The core of Atheer's business is its frontline operations platform, designed to assist deskless professionals in complex industries. This software-as-a-service (SaaS) solution digitizes workflows, provides AR-powered visual guidance, and enables remote expert assistance. The platform is device-agnostic, functioning on smart glasses, smartphones, tablets, and desktops across various operating systems like Android, iOS, and Windows. Revenue is generated through subscriptions, with a past pricing model mentioned at $50 per user per month for its AiR Suite. Atheer primarily serves large enterprises in sectors such as manufacturing, automotive, energy, and logistics. For example, Porsche utilized the system to reduce vehicle repair times by 40%.

The platform's capabilities are engineered to replace paper-based standard operating procedures (SOPs) and tribal knowledge with standardized, real-time digital execution and support. Key features include no-code workflow creation, which allows companies to digitize processes without developer resources, and AR-powered remote assistance that lets experts visually guide technicians in the field. This functionality is crucial for tasks in challenging environments, like an oil rig or a sterile operating room, where hands-free operation is paramount. The company has also made strategic acquisitions to bolster its platform, including gesture recognition software provider OnTheGo Platforms. With total funding of approximately $36.8 million over several rounds, Atheer has established itself as a significant vendor in the service life-cycle management and frontline worker support market.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2011
Headquarters
Santa Clara, United States
Employees
86
Open positions
None listed
Dealroom signal
81.0/100
Industry
Enterprise Software
Sector
Other B2B Software, Eyewear, Immersive Technologies, Spinout, DT and LS
Technology
Deep Tech, Augmented Reality, IoT InternetOfThings
Business model
SaaS
Client focus
b2b

Funding history

8 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
OtherOther financing May 2018 $0 — Cota Capital —
SERIES C✓Equity / VC Oct 2017 $12M $49M SGH Capital —
Showing the latest 2 of 8 recorded eventsBook a demo for the full funding history →

Growth signals

Atheer Labs website traffic

Latest recorded traffic for Atheer Labs is 3.2K monthly website visits, up 3.2% over the last three months. Atheer Labs's team grew 11.7% over the past year.

Latest monthly visits3.2K 3-month web change+3.2% 1-year team growth+11.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

16 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed5 investors entered at this stage

Series A1 investor entered at this stage

Series B and later1 investor entered at this stage

Other known investors9 additional known investors

  • Cota Capital
  • University of California, Berkeley
  • 2020 Ventures
  • Babak Poushanchi
  • IPD Capital
  • Level Ventures
  • Newtown Partners
  • Noosheen Hashemi
  • Shanda Group
Team profiled 27 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇺🇸 United States52.8%
🇮🇳 India36.1%
🇮🇪 Ireland2.8%
🇩🇪 Germany2.8%
🇬🇧 United Kingdom2.8%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Atheer Labs 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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