aPriori

aPriori is product cost application that allows manufacturing, engineering and sourcing professionals to generate real-time cost estimates early and throughout a product's lifecycle.

aPriori provides discrete manufacturers and product innovation companies with the most technologically advanced and comprehensive product cost management software and service solutions available on the market today.

aPriori was founded in 2003 by Eric Arno Hiller & Michael Philpott. The company is based in Concord, Massachusetts, with additional offices in UK, France and Germany.

aPriori assists organizations to identify savings in material, tooling, labor, and overhead while evaluating alternative designs, processes, and sources.

aPriori's product cost management platform provides early visibility to cost, consistency of costing practices across all members of the product team, and higher throughput of cost optimized parts.

 

aPriori is backed by Autodesk, NewSpring Capital, PBJ Capital, Oyster Angel Fund, Sigma Partners, Sigma Prime Ventures, & Gutbrain Ventures among others. The company raised $26.8M from its latest "Series C" financing on Sep 17, 2019. This brings aPriori's total funding to $89.9M to-date.

 

 

  • Year founded: 2003
  • Funding Info: $89.9M over 6 Rounds of Funding (Last Funding Type: Series C)
  • Yearly Revenue: $10M-$20M (2018)
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Concord
  • State: Massachusetts
  • Country: United States
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