Financials

Estimates*

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Revenues, earnings & profits over time
EUR20152016
Revenues3.2m7.4m
% growth-131 %
Profit<1m-
% profit margin3 %-
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DateInvestorsAmountRound
N/A

$55.0m

Growth Equity VC

N/A

-

$5.5m

Convertible

N/A

Acquisition
Total Funding€55.0m

Recent News about Arago

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More about Aragoinfo icon
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Arago is a technology company specializing in artificial intelligence (AI) and knowledge automation solutions. The company primarily serves enterprise clients across various sectors, including IT service management, finance, human resources, and supply chain management. Arago operates in the global market, focusing on accelerating digital transformation by automating routine and repetitive tasks, thereby freeing up human resources for more innovative and value-creating activities.

Arago's core product, HIRO, is an AI-driven platform designed to automate end-to-end processes within weeks, offering quick implementation and low maintenance costs. The platform is capable of handling dynamic changes in processes and data formats, making it highly adaptable to the fast-paced digital environment. By leveraging AI, Arago aims to enhance productivity and efficiency, enabling companies to achieve higher levels of automation compared to traditional methods.

The business model of Arago revolves around providing software solutions and services to enterprise clients. Revenue is generated through software licensing, subscription fees, and professional services such as implementation and support. The company's value proposition lies in its ability to deliver high levels of automation with minimal infrastructure and team resources, making it a cost-effective solution for large organizations looking to optimize their operations.

Keywords: AI, knowledge automation, digital transformation, enterprise, HIRO, IT service management, finance, human resources, supply chain, productivity.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.