TARA Intelligence

About TARA Intelligence

TARA Intelligence operates as a product delivery and engineering management platform, targeting the persistent challenges of budget overruns and timeline extensions in software development projects. Founded in 2016 by Iba Masood and Syed Ahmed, the company evolved from its original incarnation, Gradberry, a recruiting platform that was part of the Y Combinator Winter 2015 class. The founders' journey began after they graduated from the American University of Sharjah; Masood had a background in finance and worked at McKinsey & Co., while Ahmed brought over 15 of years of experience in software architecture and building high-performance teams. Their initial venture, a bootstrapped SaaS business called Gradberry, was a precursor to Tara AI, which was born from the insight that a significant amount of capital is lost due to poor project planning and talent mismatch.

The company is headquartered in San Jose, California, and provides a suite of tools for modern software teams, including product and engineering teams, as well as business and agile teams. The platform aims to enhance engineering impact by unifying and enriching data from existing tools like GitHub, Slack, Trello, and Asana without requiring engineers to alter their workflows. TARA Intelligence generates revenue through a subscription-based model, offering various pricing plans tailored to different team needs. Clients include notable companies such as Cisco, Ford, MongoDB, and Clearbit.

The core of TARA's service is its ability to provide real-time insights into engineering performance, allowing teams to identify bottlenecks, manage requirements, and track progress effectively. Its features encompass task management, sprint planning, bug tracking, and automated stand-ups. By connecting issue tracking with source control systems, the platform offers analytics on metrics like cycle times, throughput, and lead time, enabling data-driven decision-making. This helps to align engineering efforts with customer value and provides executives with high-level reporting. Backed by prominent investors including Y Combinator, Aspect Ventures, and the Slack Fund, Tara AI has raised a total of $15.7 million. According to PitchBook, the company is now out of business as of December 2024.