Eraser Labs
Latest round
- Seed
Last raised
- Nov 2021
Total raised
- $4M
Investors
- 1
About Eraser Labs
Based in California, US, Eraser Labs, Inc.Eraser Labs, Inc. is a technology company focused on AI-driven solutions for technical design. Founded in 2020 in San Francisco, US, by Jimmy Tao and Shin Kim, the company has made a significant move in the tech space with its innovative tools.Eraser is primarily focused on providing an AI-driven co-pilot tool designed for technical design and documentation, with its flagship offerings being Codebase Diagrams and Eraserbot. These products facilitate the creation and management of diagrams through a Diagram-as-code approach, ensuring that designs are not only legible but also easily maintainable. The tool enables users to spend more time on conceptualization rather than manual adjustments, thereby enhancing productivity. With features such as markdown formatting, automatic saving, and integration capabilities with platforms like GitHub, Eraser caters to developers and technical teams across diverse industries, including software development, network design, and system architecture.Eraser generates revenue through a subscription-based model that caters to businesses of varying sizes, including partnerships with large corporations. Clients typically subscribe to access the features of Eraser’s comprehensive suite, which includes tools for diagram creation, data export, and integration with existing workflows. The transaction structure is primarily B2B, as enterprises leverage the software for collaborative design efforts and documentation within their teams. Specific pricing plans for these services are tailored to the needs of organizations, encompassing options for multi-tenancy and private cloud deployments, allowing flexibility for different operational requirements.Eraser Labs, Inc. The company is developing new features for its existing tools and exploring additional AI capabilities to further streamline the design process. Targeting global expansion, Eraser aims to enter new markets in Europe and Asia by the end of 2023, focusing on partnerships with local enterprises to adapt their solutions to regional needs.
Who invested in Eraser Labs
1 investor across 1 round
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Funding rounds
Seed
Nov 10, 2021
Amount
$4M
Investors
Questions about Eraser Labs
Who invested in Eraser Labs?
Eraser Labs has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Eraser Labs raised?
Eraser Labs has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Eraser Labs last raise money?
Eraser Labs's most recent round on record is a Seed, in Nov 2021.
What does Eraser Labs do?
Based in California, US, Eraser Labs, Inc.
Where is Eraser Labs headquartered?
Eraser Labs is headquartered in San Francisco, US.
Which VCs invest in companies like Eraser Labs?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Eraser Labs's stage. Their profiles are linked below.
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