Apriori Receives Growth Investment From Vista Credit Partners For Its Manufacturing Insights Platform

Oct 22, 2023•almost 2 years ago

ConcordManufacturingSoftware

Investors

Brian SteelAlex WallaceVista Equity PartnersVista Credit Partners

Description

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.

Company Information

Company

aPriori Technologies

Location

300 BAKER AVENUE

Concord, Massachusetts, United States

About

aPriori provides a unique, end-to-end digital twin solution that empowers manufacturers to rapidly unlock and identify new opportunities for innovation, growth, cost savings, and sustainability. With aPriori, customers achieve a ~600% ROI within three years and payback within six months of adopting our software platform. And companies use our automated manufacturing insights to eliminate product costs, improve productivity, and reduce their products’ carbon footprint. aPriori also boosts manufacturers’ digital thread investments to deliver business value at scale, increase agility, and minimize risk. To learn more about aPriori’s cloud and on-premise solutions, visit us below.

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Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers