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Tessera Labs

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AI platform for enterprise system modernization, governance

San Jose, United StatesAI
Valuation $100–500M Latest valuation · 2026
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Tessera Labs and the history behind them.

About Tessera Labs

Tessera Labs provides an enterprise automation software platform focused on modernizing, governing, and harmonizing complex business systems. Founded in 2024 and headquartered in Palo Alto, California, the company develops connected systems to help enterprises accelerate transformation while ensuring compliance and reducing costs. The firm's name, derived from the individual tiles of a mosaic, reflects its mission to unify an enterprise's separate systems into a coherent whole.

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The company's core offering is a multi-agent AI platform that orchestrates data, processes, and code. It is designed to work across major enterprise systems of record, including SAP, Salesforce, Workday, and Oracle, aiming to prevent vendor lock-in. Key features include AI-native orchestration, complete audit logging for regulated industries, and the ability to remediate and optimize legacy code. Tessera states its platform can shorten enterprise resource planning (ERP) transformation timelines from years to weeks and reduce associated costs by over 50%.

Tessera Labs operates on a venture capital-backed, business-to-business (B2B) model, providing its software to large enterprises undergoing system modernizations, such as migrating to SAP S/4HANA. In January 2024, the company secured a Seed round of funding led by Clear Ventures.

The leadership team includes CEO Kabir Nagrecha, who earned a Ph.D. in Computer Science from UC San Diego at age 20; COO Ming Chang, who has a background in enterprise security and IT compliance from roles at SAP and Tencent America; and CTO Anirudh Sriram, an alumnus of IIT Madras and Stanford with experience at Microsoft AI and Google Research. This team aims to combine deep enterprise experience with advanced AI expertise to address long-standing challenges in system integration and data fragmentation.

Source: Dealroom company data

At a glance

Status
Operational
Headquarters
San Jose, United States
Open positions
40
Dealroom signal
0.0/100
Industry
Enterprise Software
Sector
AI, Core AI, MLops, AI Data Preparation and Generation, ai model layer
Technology
Artificial Intelligence
Business model
SaaS
Client focus
b2b

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Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AOther financing May 2026 $60M $240M Andreessen Horowitz
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Growth signals

Tessera Labs website traffic

Latest recorded traffic for Tessera Labs is 20K monthly website visits, up 0% over the last three months.

Latest monthly visits20K 3-month web change0%
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Investors

1 investor on the cap table

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Series A1 investor entered at this stage

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Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · San Jose HQ
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Market sentiment

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