2024 Revenue
$17M
Funding
$138.3M
YOY
26.5%
Team
645
Founded
2000
How Aras CEO Peter Schroer grew to $17M revenue with a 645 person team in 2024.
Developer of a product lifecycle management platform designed to improve the lifecycle processes of enterprises. The company's platform combines enterprise open source technology with an advanced model-based service oriented architecture to deliver a highly scalable, flexible and secure PLM suite, enabling organizations to increase their productivity across the extended enterprises.
Last updated
Aras Revenue
In 2024, Aras's revenue reached $17M. The company previously reported $17M in 2024. Since its launch in 2000, Aras has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Aras Hit $17m revenue in October 2024 | |
| 2024 | Aras Hit $17m revenue in October 2024 | |
| 2023 | Aras Hit $13.4m revenue in December 2023 | |
| 2021 | Aras Hit $9.2m revenue in April 2021 | |
| 2000 | Launched with $0 revenue |
Aras Valuation, Funding Rounds
Aras has not publicly disclosed its valuation. The company has raised $138.3M in total funding to date.
Aras has raised $138.3M in total funding across 9 rounds, with its most recent round in 2018.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2018 | Funding round | $70M | - | - | |
| 2017 | Funding round | $40M | - | - | |
| 2015 | Funding round | $2.8M | - | - | |
| 2013 | Funding round | $1M | - | - | |
| 2010 | Funding round | $1.2M | - | - | |
| 2006 | Funding round | $6.3M | - | - | |
| 2004 | Funding round | $12.3M | - | - | |
| 2003 | Funding round | $4.2M | - | - | |
| 2002 | Funding round | $500K | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Aras yet.
Aras Employees & Team Size
Aras employs approximately 645 people as of 2026, down from 656 in 2023.
| Year | Milestone |
|---|---|
| 2024 | Reached 645 employees (December 2024) |
| 2024 | Reached 636 employees (October 2024) |
| 2023 | Reached 656 employees (December 2023) |
| 2022 | Reached 643 employees (December 2022) |
| 2021 | Reached 538 employees (December 2021) |
| 2021 | Reached 396 employees (April 2021) |
Frequently Asked Questions about Aras
What is Aras's revenue?
Aras generates $17M in revenue.
Who is the CEO of Aras?
The CEO of Aras is Peter Schroer.
How much funding does Aras have?
Aras raised $138.3M.
How many employees does Aras have?
Aras has 645 employees.
Where is Aras headquarters?
Aras is headquartered in Andover, Massachusetts, United States.
Compare Aras to the industry
Aras operates across multiple industries. Browse revenue, funding, and growth data for Aras in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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