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Aira

Aira
2015 FOUNDED
PRIVATE STATUS
61-70 EMPLOYEES
Series B1 LATEST DEAL TYPE
$20M LATEST DEAL AMOUNT
11 INVESTORS
Description

Developer of a wearable assistive product designed to help visually impaired and low-vision people. The company's wearable assistive product connects the blind with a network of certified agents via wearable smart glasses and an augmented reality dashboard that helps agents to see what the blind person sees in real time, enabling visually impaired people to accomplish a wide range of daily tasks and activities, from navigating busy streets to recognizing faces and literally traveling the world with mobility and independence.

Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Electronics (B2C)
Other Industries
Application Software
Social/Platform Software
Primary Office
  • 4225 Executive Square
  • Suite 400
  • La Jolla, CA 92037
  • United States

+1 (800) 000-0000
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Aira Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Early Stage VC (Series B1) 27-Dec-2018 $20M 000.00 000.00 Completed Generating Revenue
6. Grant 01-Jan-2018 00000 000.00 Completed Generating Revenue
5. Early Stage VC (Series B) 01-Apr-2017 0000 000.00 000.00 Completed Generating Revenue
4. Early Stage VC (Series A) 01-Mar-2016 00.000 00.000 000.00 Completed Generating Revenue
3. Seed Round 29-Oct-2015 00000 00000 00.000 Completed Generating Revenue
2. Accelerator/Incubator 02-Jun-2015 Completed Generating Revenue
1. Accelerator/Incubator 24-Apr-2015 Completed Generating Revenue
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Aira Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series B1 0,000,000 00.000000 00.00 00.0 00.0 00 00.0 00.000
Series B 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Series A2 761,113 $0.001000 $0.09 $1.1 $1.1 1x $1.1 6.13%
Series A1 1,188,634 $0.001000 $0.18 $2.2 $2.2 1x $2.2 9.57%
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Aira Competitors (6)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
eyeSight Venture Capital-Backed Herzliya, Israel 00 000.00 0000000000 0 000.00
00000 0000 Venture Capital-Backed Plantation, FL 0000 00.000 0000000000 0 00.000
0000 000000 Formerly VC-backed San Francisco, CA 000 000.00 000000&0 000.00
0000000 Venture Capital-Backed New York, NY 00 000.00 000000000000 000.00
000000 Venture Capital-Backed Santa Clara, CA 00 000.00 00000000000 000.00
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Aira Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Bose Ventures Corporate Venture Capital Minority 000 0000 000000 0
National Science Foundation Government 000 0000 000000 0
Arboretum Ventures Venture Capital Minority 000 0000 000000 0
JAZZ Venture Partners Venture Capital Minority 000 0000 000000 0
National Federation Of The Blind Corporation Minority 000 0000 000000 0
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Aira Executive Team (17)

Name Title Board
Seat
Contact
Info
Mike Randall Chief Executive Officer & Board Member
Suman Kanuganti Co-Founder, President & Board Member
Carrie McQueen Chief Financial Officer
Troy Otillio Chief Operating Officer & Advisor
Sujeeth Kanuganti Co-Founder & Chief Technology Officer

2 Former Executives

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Aira Board Members (7)

Name Representing Role Since Contact
Info
John Harris JAZZ Venture Partners Board Member 000 0000
Joshua Wolfe Lux Capital Management Board Member 000 0000
Mike Randall Aira Chief Executive Officer & Board Member 000 0000
Scott Minick Self Executive Chairman 000 0000
Suman Kanuganti Aira Co-Founder, President & Board Member 000 0000

1 Former Board Member

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