Arago

company

About

Arago is a leading artificial intelligence company that helps businesses automate their IT processes through intelligent automation.

  • 101 - 250

Details

Last Funding Type
Private Equity(PE)
Last Funding Money Raised
$55M
Industries
Artificial Intelligence,Data Center Automation,Enterprise Software,Information Technology,Machine Learning
Founded date
Jan 1, 1995
Number Of Employee
101 - 250
Operating Status
Active

Arago is a leading artificial intelligence company that helps businesses automate their IT processes through intelligent automation. Its proprietary AI platform HIRO (Human Intelligence Robotically Optimized)™ uses reasoning and a knowledge-based problem-solving engine to deliver cutting-edge enterprise IT automation solutions to clients worldwide. Founded by renowned computer scientist Chris Boos, and based in Frankfurt and New York City, Arago is powering decision making for industry leading companies. Since 2014 leading global investment firm KKR has supported Arago’s international expansion.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$55M
Arago has raised a total of $55M in funding over 2 rounds. Their latest funding was raised on Oct 16, 2014 from a Private Equity(PE) round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 16, 2014 Private Equity(PE) $55M 1 Kohlberg Kravis Roberts Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Arago is funded by 1 investors. Kohlberg Kravis Roberts are the most recent investors.
Investor Name Lead Investor Funding Round
Kohlberg Kravis Roberts Yes Private Equity(PE)