aPriori Technologies
Canvas Category Software : Information Technology : Enterprise Resource Planning
aPriori delivers strategic insights for Manufacturers to continuously decide how to design a product and where to manufacture it to optimize cash flow, accelerate revenue growth, and improve margin. This unique collaborative platform combines Product Cost Management, Design for Manufacturability and Sustainability, and Supplier Collaboration capabilities. The platform includes more than 450 manufacturing process simulation and more than 80 regional economic models to yield insights that accelerate time to market by 20% while achieving hundreds of millions of dollars in cost savings and decreased CO2 footprint.
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aPriori Receives Growth Investment from Vista Credit Partners for its Manufacturing Insights Platform
aPriori today announced a growth investment from Vista Credit Partners, a subsidiary of Vista Equity Partners and strategic financing partner focused on the enterprise software, data, and technology markets. The funding will be used to support continued innovation and meet growing demand for aPriori’s cloud-based solution, which empowers manufacturers and product designers to accurately estimate, manage, and optimize production costs and sustainability. Leading global manufacturers including Carrier, Boeing, Danfoss, GE Appliances, Thales, Vestas, Navistar, and Toyota trust aPriori to drive product design efficiency and cost savings.
How Additive Manufacturing Can Help Design Engineers Meet Manufacturability, Sustainability, and Cost Initiatives
The right manufacturing insights software can lower manufacturing risks and facilitate sustainability efforts. Products like aPriori’s manufacturing insights platform foster collaboration earlier in design with sourcing and suppliers. As a result, manufacturers can look for more environmentally friendly materials and production methods.
Additive manufacturing reduces reliance on one specific supplier, material, or process. Consequently, supply chain risk is mitigated. Additive manufacturing reduces exposure for the manufacturer if any of the suppliers fail or disappear. More local suppliers mean a reduction in carbon footprints. Now, manufacturing software platforms enable them to improve workflow and collaborate better with all teams throughout the product development lifecycle. Additive manufacturing makes design to cost a more manufacturable and sustainable reality.
How Design Engineers Can Quantify Additive Manufacturing
As a design engineer, you can play an integral role in quantifying the value of capital investments in additive manufacturing. You can utilize your technical expertise and innovative spirit to facilitate a seamless transition to this technology. Best of all, you can be a significant factor in improving profitability for your enterprise.
For those enterprises seeking related capital investments, employing a simple cost per part estimate does not illustrate the full investment picture. This is where you come in. You can provide valuable insights that underscore the value of additive manufacturing and quantify the ask with upper management.
aPriori Raises $30 Million Series D Investment to Further Capitalize on Strong Demand for Digital Manufacturing Solutions
aPriori Technologies, the leading provider of digital manufacturing software featuring design for manufacturability (DFM) and cost (DTC) solutions, announces today that the company has recently completed a Series D investment round of $30 million. Co-led by Bruce Clarke of PBJ Capital and Gaurav Tewari of Omega Venture Partners, the investment brings the valuation for the company to $280 million.
“Cost Insight Design and Cost Insight Generate are just the first in a series of collaborative cloud-based applications that we are bringing to market. This new investment will be used to hire additional staff to further accelerate the development of this suite of role-based cloud applications for engineering, sourcing, and supplier teams,” said Stephanie Feraday, aPriori President and Chief Executive Officer. “The investment will also help to expand the company’s sales and marketing organizations to enable broader penetration of the global manufacturing market, their supply chains, and government organizations such as the Department of Defense.”
aPriori Secures $26.8M Series C Financing Round
aPriori, the leading provider of enterprise product cost management (PCM) software featuring design for manufacturability (DFM) and cost (DTC) solutions, announces today that the company completed a $26.8M series C financing round. Autodesk led the investment round with participation from other new and existing investors including NewSpring Capital, PBJ Capital, Oyster Angel Fund, Sigma Partners, Sigma Prime Ventures and Gutbrain Ventures. The funds will be used to accelerate the development of a suite of target applications for engineering, sourcing, and manufacturing teams, providing a consistent view of costs and a platform for working together.