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GlobalData
Tue, Mar 25, 2025, 7:56 AM 2 min read
Aura, an AI-powered information platform, has completed its Series G backing round, raising $140m successful equity and indebtedness astatine a valuation of $1.6bn.
The financing circular was led by Ten Eleven Ventures and Madrone Capital, with information from caller capitalist AT&T Ventures.
Existing investors Accel, Warburg Pincus, and General Catalyst besides contributed.
The backing round, which initially closed successful August 2024, marks Aura's archetypal since its separation from Pango Group —now operating arsenic Point Wild—executed done a tax-free spinoff.
Aura plans to usage the funds to further make its suite of intelligent information features, with further capabilities expected to beryllium released aboriginal successful 2025.
Commenting connected the funding, Ten Eleven Ventures laminitis and wide spouse Alex Doll said: “Aura's innovative and broad attack to online integer wellness and information intelligibly positions it arsenic a person successful protecting families successful our progressively connected world.
At Ten Eleven Ventures, we rapidly recognized the important worth that Aura's integrated, purpose-built suite of integer wellness products tin supply to families, alternatively than conscionable focusing connected individuals oregon isolated devices.”
The Aura platform, powered by Aura Intelligence and AI, provides personalised insights and extortion done an all-in-one service.
The level offers a broad suite of features, including instrumentality security, scam and fraud protection, kid information alerts, and individuality theft protection.
These capabilities are orchestrated and automated by AI, providing personalised insights and extortion done Aura Intelligence.
The institution said it has experienced important user demand, resulting successful astir 50% GAAP gross maturation year-over-year successful 2024.
Aura laminitis and CEO Hari Ravichandran said: “We are seeing tremendous momentum successful the concern and today's backing announcement volition alteration Aura to widen our enactment successful AI-powered features that not lone support families harmless but assistance them thrive successful an progressively connected world.”
"Aura completes Series G backing circular astatine $1.6bn valuation" was primitively created and published by Verdict, a GlobalData owned brand.
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