Aera Technology

Aera Technology

AI system for decision automation and recommendations

About

Aera Technology focuses on decision automation using artificial intelligence. Its AI system analyzes how businesses operate, providing real-time recommendations and taking autonomous actions to enhance decision-making. By learning from past decisions, the system continuously improves its future suggestions. Aera Technology primarily targets large corporations with complex supply chains, offering a tool that refines and indexes data from enterprise systems to deliver real-time insights. This allows businesses to accurately predict risks and opportunities, while also recommending optimal actions. Aera's unique approach includes proactively engaging users and autonomously executing decisions, setting it apart from competitors. The company's goal is to help businesses make faster, more informed decisions, ultimately increasing efficiency and profitability.

Company Stage

Series C

Employees

201-500

Industries

Enterprise Software, AI & Machine Learning

Total Funding

$168.9M

Headquarters

Mountain View, California

Founded

2017


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Simplify's Take

What believers are saying

  • Aera Technology is recognized as a leader in decision intelligence platforms for 2024.
  • The 'Aera Test Drive' program accelerates deployment and approval for large-scale projects.
  • Generative AI integration enhances decision automation with real-time insights and recommendations.

What critics are saying

  • Competition from established AI companies like IBM and Google threatens market share.
  • Rapid AI advancements may outpace Aera's feature integration, risking obsolescence.
  • Data privacy concerns with LLMs could lead to regulatory scrutiny and impact trust.

What makes Aera Technology unique

  • Aera Technology offers a unique AI system for real-time decision automation.
  • The Aera Decision Cloud integrates seamlessly with existing enterprise systems and data sources.
  • Aera's platform learns from decisions, improving future recommendations and actions.

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Growth & Insights
Headcount

6 month growth

1%

1 year growth

4%

2 year growth

3%

Benefits

Stock Options: We believe every Aera team member should have a stake in our future success

Medical: Benefits provided through your choice of Aetna PPO, Aetna HDHP, or, for California-based team members, Kaiser

Dental: No monthly cost to employee through Delta Dental

Vision: No monthly cost to employee through VSP

401(k) and Additional Benefits Plans: Employees can contribute to: 401(k) plan (Traditional/Roth); Health Savings Account (HSA); Flexible Savings Account (FSA); Supplemental Life Insurance Plan; Short-term Disability; Commuter Benefit Program

Learning and Development: You’ll have access to professional development content through Udemy, our online learning platform. Udemy offers thousands of courses to help you learn new skills - whether for your professional development or your personal interests

Employee Referral Program: Earn cash when your referrals get hired!

Events and Extras: We work hard and get things done, but we also value the importance of having fun: office outings; birthday celebrations; holiday parties; weekly in-office lunches, and more

Paid Time Off: To give our best and live a well-balanced life, we need to take time off for rest, relaxation and rejuvenation. Here at Aera, we offer flexible paid time off. In addition, we have 10 paid holidays each year

Snacks: When you’re working from the office, you’ll have access to our fully stocked kitchen with a selection of snacks and beverages

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