Arasrevenue & funding
PLM SoftwareAndover, MassachusettsFounded 2000CEO Peter Schroer
Aras is a PLM Software company based in Andover, founded in 2000.
Aras revenue
Aras has not published its revenue. GetLatka estimates it at about $17M a year (October 2024).
All 3 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $9.2M | – |
| Dec 2023 | $13.4MEST | GetLatka estimate |
| Oct 2024 | $17MEST | GetLatka estimate |
– source not recorded
Aras funding rounds & investors
Aras has raised $138.3M across nine rounds since 2002. The latest was a $70M funding round in November 2018.
| Date | Round | Raised |
|---|---|---|
| Nov 2018 | Funding round | $70M |
| Sep 2017 | Funding round | $40M |
| Jan 2015 | Funding round | $2.8M |
| Dec 2013 | Funding round | $1M |
| May 2010 | Funding round | $1.2M |
| Jun 2006 | Funding round | $6.3M |
| Jun 2004 | Funding round | $12.3M |
| Sep 2003 | Funding round | $4.2M |
| May 2002 | Funding round | $500K |
| Total raised | $138.3M |
Aras competitors
Aras competes most directly with SAP.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 SAP | $41.9B | – | 132.5K | 6.9K | 1972 |
| Aras | $17M | $138.3M | 645 | – | 2000 |
Aras CEO & employees
Peter Schroer is CEO of Aras. Aras had 645 employees (December 2024, LinkedIn).
- Josh EpsteinChief Marketing Officer
All 6 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2024 | 645 | |
| Oct 2024 | 636 | |
| Dec 2023 | 656 | |
| Dec 2022 | 643 | |
| Dec 2021 | 538 | |
| Apr 2021 | 396 | – |
Aras FAQ
What is Aras' revenue?
GetLatka estimates Aras' revenue at about $17M a year (October 2024). The company hasn't published its own figure.
How much funding has Aras raised?
Aras has raised $138.3M across nine funding rounds. The latest was a $70M funding round in November 2018.
How many employees does Aras have?
Aras had 645 employees in December 2024, according to LinkedIn.
Who is the CEO of Aras?
Peter Schroer is the CEO of Aras.
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How this page is sourced
5 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.
Updated Oct 30, 2026Data disclaimerReport a correctionClaim this profileRun Aras? Join the podcast