aPriori Technologies, the leading provider of digital manufacturing software featuring a design for manufacturability (DFM) and cost (DTC) solutions, raised $30 million in Series D round.
The round was co-led by Bruce Clarke of PBJ Capital and Gaurav Tewari of Omega Venture Partners, the investment brings the valuation for the company to $280 million.
The new investment will be used to hire additional staff to further accelerate the development of this suite of role-based cloud applications for engineering, sourcing, and supplier teams
Company: aPriori Technologies, Inc.
Raised: $30.0M
Round: Series D
Funding Month: September 2021
Lead Investors: Bruce Clarke and Gaurav Tewari
Additional Investors:
Company Website: https://www.apriori.com/
Software Category: Digital manufacturing
About the Company: aPriori is the leading provider of digital manufacturing software that brings product design, sourcing teams, and supplier teams closer together to close the gap between design and production. aPriori also provides discrete manufacturers and product innovation companies with the most technologically advanced and comprehensive product cost management software and service solutions available on the market today. These solutions fundamentally change the way companies calculate and manage product costs, enabling more informed design, manufacturing, and sourcing decisions that drive significant cost out of products, both pre-and post-production. aPriori solutions are now available either in the cloud or on-premise
Source: https://www.businesswire.com/news/home/20210907005234/en/aPriori-Raises-30-Million-Series-D-Investment-to-Further-Capitalize-on-Strong-Demand-for-Digital-Manufacturing-Solutions?utm_source=linkedin&utm_medium=social&utm_campaign=series-D