Diligence memo · auto-generated · as of July 2, 2026
ARAS Corp
ARAS Corp looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
ARAS Corp operates in Other Technology, based in ANDOVER.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
ARAS Corp has raised $119M in disclosed capital across 6 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $70M on 2018-11-21.
Most recent recorded round closed around 2018-11-21.
Valuation (modeled)modeled
Provath models ARAS Corp at approximately $2.2B (range $265M–$5.8B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.40× the median modeled value of Series C Other Technology companies in 2016–2018 (94 peers) — value vs value, same stage and era. Within the normal band (140% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 16 months.
Last raise 7.6 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 46.7× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 97% of Other Technology peers (21302 compared).
Modeled value ranks above 98% of those peers.
Closest niche peers: PhunCoin, Inc., Cfunworld Ltd, Cylance Inc., ACV Auctions Inc., Petuum Holdings, Ltd..
Peoplefiled
18 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.