2024 Revenue
$17M
Funding
$138.3M
YOY
26.5%
Team
645
Founded
2000
How Aras CEO Peter Schroer grew Aras 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 |
|---|---|
| 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 |
|---|---|---|---|---|
| 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 | - | - |
Aras Employees & Team Size
Aras employs approximately 645 people as of 2026, down from 656 in 2023.
Aras has 645 total employees in different roles and functions.
| 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) |
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.
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.
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Compare Aras to the industry
Aras operates across multiple industries. Browse revenue, funding, and growth data for Aras in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .