# Ara Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ara-labs

- Industry: Transportation Services
- Headquarters: Los Angeles, US
- Website: www.arascreens.com
- Total disclosed funding: $22M
- Latest round: Series A (Sep 27, 2018)
- Investors on record: 3

## About

Founded in 2016 and based in New York, US, Ara Labs, Inc. formerly known as Cargo operates as a transportation service platform that allows its users to book a rideshare transport. In September 2023, Ara Labs, Inc. raised USD 10 million in growth funding from unspecified investors.

Ara Labs, Inc. offers a diverse range of digital out-of-home solutions: such as car-top and in-car displays that enable advertisers to engage audiences with geofenced and time-based content in and around partner vehicles; Variable-size exterior and in-store displays that facilitate communication between advertisers and shoppers in high-traffic locations; Large, kiosked displays deployed in collaboration with cities, real estate owners, and parking operators to engage street-level audiences effectively.

The company will use the funding for business expansion and marketing strategies.

## Funding rounds

- Series A, Sep 27, 2018, $22M — Founders Fund, Coatue Management, Aquiline Technology Growth

## Investors

- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Series A
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series A
- Aquiline Technology Growth — Series A