# Aiera

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aiera

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.aiera.com
- Total disclosed funding: $4.6M
- Latest round: Series A (Feb 10, 2020)
- Investors on record: 8

## About

Aiera, Inc., based in the US, is a technology company focused on developing tools that streamline access to financial events, enhancing insights for investment professionals.Founded in 2016, Aiera, Inc. is headquartered in New York, US. The company develops a platform that provides live audio access to financial events. Ken Sena serves as the CEO and founder. Aiera has successfully completed 4 deals, with the most recent funding round being a Series A, raising USD 4.25 mn. This funding round was part of a larger USD 5 mn equity funding effort, bringing the total amount raised to USD 4.25 mn and the current company valuation to USD 56.048 mn.Aiera offers a comprehensive suite of tools designed for investment professionals, allowing for one-click live audio access to over 45,000 financial events annually. Their platform provides real-time transcriptions with a 97% accuracy rate, interactive features such as pausing and rewinding, and AI-powered analytics for insights through topic extraction and sentiment analysis. Aiera serves a diverse client base across North America, Europe, and Asia, including institutional firms and corporate clients focused on investor relations.Aiera's revenue model primarily relies on subscription agreements with institutional clients, granting them access to live streaming, transcription, and AI analytics services. Clients typically sign annual contracts, with tiered pricing options designed to meet the needs of various financial entities, including multi-strategy funds and research teams. Partnerships with financial institutions further facilitate the integration of Aiera's offerings into their systems, ensuring a steady revenue stream through subscriptions and potential upselling of additional features.In June 2023, Aiera raised USD 4.25 mn in Series A funding, which will support the development of new products aimed at enhancing their platform's capabilities. The company plans to expand its market presence, particularly in Asia and Europe, by the end of 2024. The recent funding will be utilized to drive product innovation and market entry efforts, including the launch of additional features tailored to client needs.

## Funding rounds

- Series A, Feb 10, 2020, $1.1M — Macquarie Group, Citi Ventures, Franklin Templeton, Gaingels, Fin Capital
- Seed, Nov 30, 2018, $3.5M — Flybridge Capital Partners, Macquarie Group, Innovation Endeavors, WGI Group, Fin Capital

## Investors

- Flybridge Capital Partners (https://capitalatlas.ai/funds/flybridge-capital-partners) — Seed
- Macquarie Group (https://capitalatlas.ai/funds/macquarie-group) — Seed, Series A
- Innovation Endeavors (https://capitalatlas.ai/funds/innovation-endeavors) — Seed
- WGI Group (https://capitalatlas.ai/funds/wgi-group) — Seed
- Fin Capital (https://capitalatlas.ai/funds/fin-capital) — Seed, Series A
- Citi Ventures (https://capitalatlas.ai/funds/citi-ventures) — Series A
- Franklin Templeton (https://capitalatlas.ai/funds/franklin-templeton) — Series A
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series A