How Much Did Atheer Raise?
Funding & Key Investors

Atheer, a provider of enterprise-grade Augmented Reality (AR) productivity and collaboration solutions, has secured significant capital, with its total funding reaching $40.7M. The company recently announced a major strategic investment of $12.3M, underscoring its pivotal role in the industrial AR sector. This latest financing round signifies a critical juncture for Atheer as it aims to scale its operations and further develop its innovative platform.

What is Atheer?

Atheer
SoftwareEnterprise Resource Planning (ERP)Engineering Software

The Atheer Augmented Management (AR) Platform is engineered for industrial enterprises, offering a robust solution for AR-driven productivity and collaboration. Headquartered in Santa Clara, California, Atheer addresses the complex needs of sectors requiring enhanced operational efficiency and remote assistance through augmented reality. The company's focus on enterprise-grade deployment positions it as a key player in the burgeoning industrial metaverse, enabling businesses to leverage AR for improved workflows and decision-making.

How much funding has Atheer raised?

Atheer has raised a total of $40.7M across 5 funding rounds:

2013

Private Equity

$1.5M

2015

Multiple Rounds

$26.9M

2017

Private Equity

$12.3M

Private Equity (2013): $1.5M, investors not publicly disclosed

Private Equity (2015): $9.1M led by Undisclosed

Private Equity (2015): $3.9M, investors not publicly disclosed

Series B (2015): $14M featuring FundersClub, RONA Holdings, Shanda Group, Streamlined Ventures, and Signatures Capital

Private Equity (2017): $12.3M, investors not publicly disclosed

Key Investors in Atheer

FundersClub

FundersClub is an online venture capital firm that connects accredited investors with highly vetted startups, allowing them to diversify their investment portfolios. Since its inception in 2012, it has funded over 410 startups and invested more than $185 million, with a portfolio valuation exceeding $30 billion. The platform offers tools and resources for both investors and founders, fostering a community of business and technology leaders. FundersClub aims to support the world's most promising startups by leveraging software and a global network to provide unique investment opportunities.

RONA Holdings

Rona Holdings, LLC is an investment firm focused on developing and mentoring entrepreneurs to create impactful companies with a global reach. The firm provides resources and hands-on mentorship to help innovators develop disruptive solutions to societal challenges. Rona Holdings is passionate about supporting high-impact products and services through groundbreaking technology solutions. Their portfolio includes a diverse range of startups across various industries, all aimed at improving the planet and revolutionizing the world.

Shanda Group

Shanda is a company that operates in the Software industry. It employs 250to499 people and has 50Mto100M of revenue. The company is headquartered in Beijing, Beijing, China.

What's next for Atheer?

With a substantial total funding amount of $40.7M and a recent major strategic investment of $12.3M, Atheer is poised for accelerated growth. This capital infusion is expected to fuel product development, expand market reach, and strengthen strategic partnerships. The company's trajectory suggests a focus on solidifying its position as a leader in enterprise AR, potentially exploring new industry verticals and enhancing its platform's capabilities to meet evolving market demands. The strategic nature of the recent investment indicates a strong belief in Atheer's long-term vision and its capacity to deliver transformative AR solutions.

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Frequently Asked Questions Regarding Atheer Financial Insights

What are the most recent funding rounds that Atheer has completed, and what were the funding rounds?
Atheer has recently completed 3 funding rounds: Private Equity on Oct 2, 2017, Series B on Dec 16, 2015, Private Equity on Nov 1, 2015.
What is the total amount of funding Atheer has raised to date?
Atheer has raised a total of $40.7M in funding to date.
How many funding rounds has Atheer completed?
Atheer has completed 3 funding rounds.
How much funding did Atheer raise in its most recent funding round?
Atheer raised $12.3M in its most recent funding round.
Which was the largest funding round in Atheer's history?
The largest funding round in Atheer's history was $14M.
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