Aria Systems
Founded Year
2003Stage
Growth Equity | AliveTotal Raised
$232MLast Raised
$90M | 3 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-65 points in the past 30 days
About Aria Systems
Aria Systems focuses on cloud-based billing infrastructure. The company offers a platform to simplify billing processes, allowing businesses to launch and adapt their offerings. This platform handles complex usage and subscription business models across various industries. It was founded in 2003 and is based in San Francisco, California.
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Expert Collections containing Aria Systems
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Aria Systems is included in 3 Expert Collections, including SMB Fintech.
SMB Fintech
2,003 items
Tech IPO Pipeline
286 items
Fintech
9,297 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Latest Aria Systems News
Jul 30, 2024
News provided by Share this article Share toX Aria Billie™ uses predictive and generative AI to increase employee productivity, reduce the need for assisted customer care, and greatly improve end customer experience SAN FRANCISCO, July 30, 2024 /PRNewswire-PRWeb/ -- Aria Systems , the leader in empowering enterprises to accelerate subscription and usage-based revenue growth, today announces the launch of Aria Billie™ , a versatile AI solution that offers assistive AI experiences through natural language conversation to both customer employees using Aria, and their end-customers. Aria Billie boosts productivity and personalization at scale using predictive and generative AI across customer service, sales, and product operations. Billing information, essential in customer-facing roles, is safely leveraged by Aria Billie in a secure and contextually relevant form to fuel AI-powered engagement. Given that 40-60% of call center interactions across industries are centered on bill and account inquiries, the adoption of Aria Billie will significantly increase employee productivity, decrease resolution time, and reduce the cost of serving customers. This will also elevate end-customer satisfaction and thus retention while assisting revenue growth through hyper-personalized upselling. "According to IDC's research, 73% of CEOs surveyed believe there is a significant opportunity for AI to drive differentiation and new growth, and the motivation for investing is to improve the customer experience and employee experience," said Mark Thomason, Senior Research Director at IDC. "One of the important CX issues to address with GenAI is billing questions, as they can quickly lead to unhappy customers and churn if they are not resolved satisfactorily. Aria's market-leading Billie Connect enables businesses to 'ground' their own AI chatbots in Aria's billing data so that billing responses are accurate, or businesses can use Aria Billie for a turnkey billing chatbot." Aria Billie is powered by Aria Billie Connect™, a versatile AI framework that orchestrates responses using advanced AI models. It further enables an ecosystem of enterprise applications to access AI-enhanced billing data and interactions from Aria on-demand. Aria Billie Connect offers ChatGPT-style open prompt responses, along with predefined prompts, enabling a wide range of role-based requests. The platform is configurable for trust, data, and AI model management for every Aria customer. Aria Billie Connect will be integrated with Aria's unique Eventing Engine, enabling the service to surpass the common reactive 'prompt-and-response' model of GenAI co-pilots. This integration will deliver proactive, outbound, and highly personalized customer experiences, keeping customers and stakeholders informed and reducing costly escalations involving human intervention. "At Aria, we've always worked to deliver innovation in the billing space, but with Aria Billie we have entered truly ground-breaking territory," said Tom Dibble, President and CEO, Aria Systems. "The concepts behind Aria Billie formed the foundation for our 2024 TM Forum catalyst, which won Aria and our partners our third consecutive 'Best in Show' award at Digital Transformation World in Copenhagen. The amount of excitement our live demo of Aria Billie generated at DTW was like nothing we've seen before, and the initial demand from our customer base has been overwhelming." About Aria Systems: Aria enables enterprises to automate complex usage and subscription billing in an agile market environment. Aria Billing Cloud is top-rated by leading research firms, and innovative enterprises including Adobe, Comcast, Experian, Subaru, and Telstra depend on Aria to accelerate ideation, become customer centric, and grow recurring revenues. For more information, visit: www.ariasystems.com . Media Contact SOURCE GKC for Aria Systems ×
Aria Systems Frequently Asked Questions (FAQ)
When was Aria Systems founded?
Aria Systems was founded in 2003.
Where is Aria Systems's headquarters?
Aria Systems's headquarters is located at 575 Market Street, San Francisco.
What is Aria Systems's latest funding round?
Aria Systems's latest funding round is Growth Equity.
How much did Aria Systems raise?
Aria Systems raised a total of $232M.
Who are the investors of Aria Systems?
Investors of Aria Systems include Goldman Sachs Asset Management, Aspenwood Ventures, Venrock, InterWest Partners, Madison Bay Capital Partners and 9 more.
Who are Aria Systems's competitors?
Competitors of Aria Systems include BillingPlatform, Octane, Chargify, ChargeBee, Sofacto and 7 more.
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Compare Aria Systems to Competitors
Recurly specializes in subscription management and recurring billing. It offers a range of services including plans, pricing and promotions management, subscriber management, payments orchestration, recurring billing, churn management, and reporting and analytics, primarily serving sectors such as streaming media, digital publishing, eLearning, SaaS, consumer goods and retail, business services, health and wellness, travel, hospitality and entertainment, telecom, energy and utilities, government and non-profit. The company was founded in 2009 and is based in San Francisco, California.
ChargeBee develops a recurring revenue management platform. The platform delivers a billing solution on the cloud. It integrates with payment gateways to let users automate recurring payment collection along with invoicing, taxes, accounting, email notifications, software-as-a-service (SaaS) metrics, and customer management. The company was formerly known as BubblePath. It was founded in 2011 and is based in Rockville, Maryland.
Logisense is a company that specializes in usage-based billing solutions, operating within the technology and software industry. The company offers a range of services including usage-based, hybrid, and subscription billing, as well as integrations with other technologies, analytics and reporting, and solutions for contract commitments, payments and collections, and audit, tax, and compliance. Logisense primarily serves the communications, IoT, connected services, and SaaS sectors. The firm was founded in 1998 and is based in Cambridge, Ontario.
Gotransverse is a company that focuses on providing cloud-based software solutions in the billing and subscription management industry. The company's main services include an intelligent billing and subscription management platform that automates the subscription order-to-cash process, including billing, rating, collections, mediation, analytics, and revenue recognition. Gotransverse primarily sells to companies in any industry looking to operate as a subscription business model, including those dealing with high-volume usage-based pricing and monetization at scale. It was founded in 2008 and is based in Austin, Texas.
OneBill is a company that focuses on providing a unified billing and monetization platform, operating within the software industry. The company's main services include subscription management, recurring and usage-based billing, and revenue management. These services are designed to accurately track revenue, prevent revenue leakage, and maximize the bottom line for businesses. OneBill primarily caters to sectors such as the communications industry, Internet of Things (IoT), and various service providers. It is based in Santa Clara, California.
Sticky.io focuses on e-commerce growth, specifically in the domain of subscription management and recurring billing. The company offers a performance-driven platform that provides order management and billing tools, including product management, cart and checkout services, payments, subscription management, recurring billing, churn management, fraud prevention, and data analytics. Sticky.io primarily serves the ecommerce industry. It was formerly known as LimeLight CRM. It was founded in 2008 and is based in San Francisco, California.
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