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 Business Online Services.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
| Aras | $17M | $138.3M | 645 | – | 2000 |
 Business Online Services | – | $35M | 132.5K | 6.9K | 1972 |
Aras CEO & employees
Peter Schroer is CEO of Aras. Aras has 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
How much money does Aras make?
Aras has not published its revenue. GetLatka estimates about $17M a year (October 2024).
How much funding has Aras raised?
$138.3M across 9 rounds; the latest was a $70M round in November 2018.
Who is the CEO of Aras?
Peter Schroer.
How many employees does Aras have?
About 645 as of December 2024 (LinkedIn).
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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 Sep 2, 2026Data disclaimerReport a correctionClaim this profileRun Aras? Join the podcast