# Aperio Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aperio-systems

- Industry: Software
- Headquarters: Boston, US
- Website: www.aperio.ai
- Total disclosed funding: $21M
- Latest round: Series A (Aug 2, 2023)
- Investors on record: 10

## About

Aperio Systems Inc., based in the US, provides advanced software solutions that enhance operational data quality across various industries through unsupervised machine learning and anomaly detection.Founded in 2016 in Boston, US, Aperio Systems Inc. specializes in operational data validation and quality assurance. The company has completed three deals, with the most recent occurring on August 2, 2023, when it raised USD 8.000 mn in a Series A round led by Momenta Ventures and joined by other investors such as Chevron Technology Ventures and National Grid Partners. Daniel Berger, the founder, has a history of leading innovative technology initiatives.Aperio specializes in providing advanced software solutions that enhance operational data quality across various industries. Their core product offerings focus on ensuring accurate, consistent, and reliable data through unsupervised machine learning, which continuously detects data anomalies across millions of sensors. By connecting to diverse data streams without requiring manual configuration, Aperio's platform supports industries such as oil and gas, chemicals, power and renewables, and manufacturing. The end users range from operational managers to executive teams who utilize the validated data for informed decision-making, predictive maintenance, and regulatory compliance. Aperio's solutions are marketed in North America, Europe, and Asia, catering to clients who seek to drive digital transformation initiatives effectively.Aperio generates revenue through a subscription-based model, offering clients access to its software solutions designed for operational data validation and quality assurance. Clients typically engage with Aperio through long-term partnerships that facilitate ongoing support and updates to the platform. Transactions involve clients subscribing to various service tiers, which may include features such as DataWise for fleetwide data validation and advanced analytics capabilities. The pricing structure is designed to accommodate organizations of different sizes, providing scalable solutions tailored to their operational needs. Aperio’s flagship offerings, such as DataWise, are integral to clients' strategies for improving data accuracy and driving business value, thereby reinforcing their commitment to high-quality data management.In August 2023, Aperio Systems Inc. raised USD 8.000 mn in Series A funding, which will be utilized to invest in product development and to increase its workforce. The company aims to launch new products designed to enhance data validation capabilities and plans to expand its market presence in North America, Europe, and Asia by the end of 2024.

## Funding rounds

- Series A, Aug 2, 2023, $8M — Chevron Technology Ventures, NextEra Energy Resources, LLC, Momenta Ventures, National Grid Partners, Delek US, Bazan Group
- Series A, Oct 29, 2020, $8.5M — National Grid Partners
- Seed, Feb 7, 2018, $4.5M — Energias de Portugal, Data Point Capital, Jump Capital, Scopus Ventures

## Investors

- Energias de Portugal — Seed
- Data Point Capital (https://capitalatlas.ai/funds/data-point-capital) — Seed
- Jump Capital (https://capitalatlas.ai/funds/jump-capital) — Seed
- Scopus Ventures (https://capitalatlas.ai/funds/scopus-ventures) — Seed
- National Grid Partners (https://capitalatlas.ai/funds/national-grid-partners) — Series A
- Chevron Technology Ventures (https://capitalatlas.ai/funds/chevron-technology-ventures) — Series A
- NextEra Energy Resources, LLC — Series A
- Momenta Ventures (https://capitalatlas.ai/funds/momenta-ventures) — Series A
- Delek US — Series A
- Bazan Group — Series A