How Much Did Ario Raise?
Funding & Key Investors

Ario, a company specializing in mobile spatial documentation and augmented reality solutions, has secured $2.2M in total capital. The most recent financing round, a major strategic investment, brought in $150K on April 14, 2020. This significant backing underscores the company's progress in enhancing situational awareness and providing on-demand access to critical work content for field workers.

What is Ario?

Ario
ManufacturingSporting GoodsRetail

Ario provides a mobile application designed to empower workers with advanced spatial documentation capabilities. The platform integrates augmented reality (AR) video calling and offers anytime, anywhere access to essential work documents, workflows, and equipment status updates. Founded in 2016 and headquartered in Virginia, Ario aims to increase operational efficiency and situational awareness in demanding work environments through its innovative technology.

How much funding has Ario raised?

Ario has raised a total of $2.1M across 2 funding rounds:

2019

Private Equity

$2M

2020

Debt

$150K

Private Equity (2019): $2M with participation from Nrv

Debt (2020): $150K led by PPP

Key Investors in Ario

Nrv

Nrv is a venture capital firm founded by Jim Ukrop, Bob Mooney, and Ted Chandler, focused on igniting and advancing creativity and innovation. They invest growth capital in high-growth companies with demonstrated market traction, particularly those led by exceptional teams, and have a strong commitment to their community.

PPP

Public-Private Partnership

What's next for Ario?

With a recent major strategic investment and substantial total funding, Ario is well-positioned for its next phase of growth. The company's focus on AR and spatial documentation suggests a strategic direction towards further integration into enterprise workflows, potentially expanding its reach in industries requiring detailed field reporting and remote collaboration. This capital infusion will likely fuel product development, market expansion, and the enhancement of its AR capabilities to solidify its position as a leader in mobile enterprise solutions.

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Frequently Asked Questions Regarding Ario Financial Insights

What are the most recent funding rounds that Ario has completed, and what were the funding rounds?
Ario has recently completed 2 funding rounds: Debt on Apr 14, 2020, Private Equity on Aug 27, 2019.
What is the total amount of funding Ario has raised to date?
Ario has raised a total of $2.1M in funding to date.
How many funding rounds has Ario completed?
Ario has completed 2 funding rounds.
How much funding did Ario raise in its most recent funding round?
Ario raised $150K in its most recent funding round.
Who are the lead investors in Ario's latest funding round?
The lead investor in Ario's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Ario's history?
The largest funding round in Ario's history was $2M.
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