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§ Private Profile · New York City, NY, USA
AI & computer vision SaaS platform for civil infrastructure. Assesses, detects defects, optimizes maintenance for engineering firms, asset owners.
Aren is a New York City-based enterprise software company that provides an artificial intelligence platform for assessing and managing civil infrastructure. The business-to-business software-as-a-service platform utilizes computer vision and machine learning to analyze drone and laser imagery, automatically detecting structural defects across bridges, buildings, and other physical assets. By quantifying damage and optimizing maintenance schedules, the technology helps engineering firms, Departments of Transportation, and commercial real estate owners minimize the risk of infrastructure failure. Operating with fewer than 25 employees and generating under $5 million in annual revenue, the startup has secured under $5 million in total capital across three financing rounds. This financing includes a $2 million seed round raised in 2020 from institutional investors Shadow Ventures, MetaProp, and Rho Capital Partners. The early-stage technology company was founded in 2019 by Ali Khaloo.
Aren has raised $2.0M across 1 funding round.
Aren has raised $2.0M in total across 1 funding round.
Aren has raised $2.0M in total across 1 funding round.
Aren's investors include KP Reddy, COINS, Green Egg Ventures, Harvard Business School Angels, Maccabee Ventures, MetaProp, Rho Ventures, Technion Angels, Turf Advisory.
Aren has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in November 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 4, 2021 | $2M Seed | KP Reddy | Coins, Green EGG Ventures, Harvard Business School Angels, Maccabee Ventures, MetaProp, RHO Ventures, Technion Angels, Turf Advisory | Announced |