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. The system learns from each decision, improving future suggestions. Aera primarily targets large corporations with complex supply chains, continuously gathering and refining data from enterprise systems to offer insights into operations. It predicts business risks and opportunities, recommending optimal actions and engaging users to implement decisions. Unlike competitors, Aera's system autonomously drives execution, making it a valuable tool for improving efficiency and profitability. The goal is to help businesses make informed decisions quickly, ultimately reducing costs and increasing revenue.

Company Stage

Growth Equity (Venture Capital)

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

  • The rapid deployment capabilities of Aera's Test Drives allow enterprises to quickly realize the benefits of AI decision automation, leading to faster internal approvals for large-scale implementations.
  • The integration of large language models (LLMs) into Aera's platform provides users with accurate, contextually meaningful recommendations, enhancing trust and confidence in the system.
  • Aera's focus on secure architecture and robust data protection measures ensures that client data remains private and protected, which is crucial for large enterprises.

What critics are saying

  • The complexity of integrating Aera's AI system into existing enterprise IT environments could pose significant challenges and require substantial resources.
  • The rapidly evolving AI market means that Aera must continuously innovate to stay ahead of competitors, which could strain resources and focus.

What makes Aera Technology unique

  • Aera Technology's AI system not only makes real-time recommendations but also takes autonomous actions, setting it apart from competitors that only offer analytics or decision support.
  • The integration of generative AI for a conversational user experience enhances decision-making capabilities, making Aera's platform more intuitive and user-friendly.
  • Aera's continuous learning system that retains memory of every decision made ensures that the platform improves over time, offering increasingly accurate recommendations.

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Growth & Insights
Headcount

6 month growth

2%

1 year growth

9%

2 year growth

1%

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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