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Arena

AI-powered autopilot for business decisions

Arena logo
21-100 employees
  • B2B
  • Artificial Intelligence
  • Machine Learning
  • SaaS
  • Automation
Ukrainian Village, New York, NY

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Company mission

To empower businesses across industries to make high frequency, critical path decisions fully autonomous.

Top investors

Some candidates hear
back within 2 weeks

21% employee growth in 12 months

Our take

Arena leverages performance data, predictive algorithms, and machine learning technology to help businesses automate high frequency decisions. In theory, the platform can be used to automate marketing strategies, promotions, inventory and supply chain management, pricing, and more.

Although AI automated decision-making may sound overly ambitious at first, a closer look suggests that it’s actually a natural progression from the huge growth of AI-powered data analytics companies. Arena separates itself from these by providing the next actionable step, rather than leaving these decisions up to internal teams.

The company’s “business decision autopilot” is used by a number of Fortune 500 businesses including multinational brewing company Anheuser-Busch InBev, so it must be doing something right. While it's shown stable and impressive growth since launching in 2020, a major 2022 fundraise led by Initialized Capital and Goldcrest Capital suggests an aggressive scale up is inevitable.

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Kirsty

Company Specialist at Welcome to the Jungle

Benefits

  • Laptop and monitor of your choice
  • Continued education allowance (books, e-courses)
  • 99% of the monthly premium for Aetna medical insurance, plus vision and dental coverage
  • 401(k) Retirement Plan
  • Unlimited PTO
  • Office supplies stipend
  • Lunches at company wide meetings (several times a week)
  • Snack and self-serve lunch options
  • Global WeWork membership
  • Attendances to top conferences in their fields
  • Ramp Company Card

Company values

  • Real world > Lab – We focus on solving real world problems, not over-applying theory, and deliver measurable results that move the needle
  • Speed > Perfection – We value getting from 0 to 1 fast, and then iterating. We believe that the more we ship, the faster we learn
  • Trust > Procedure – We trust you and ask that you trust us. Micro-management and hierarchies are not our way
  • Form + Function – We strive to truly understand the user and build products that move them on both a rational and an emotional level
  • Pride - Ego – We shed our egos and approach problems from first principles. True competence is quiet and humble

Funding (2 rounds)

Aug 2022

$32m

SERIES A

Dec 2021

$32m

SERIES A

Total funding: $64m

This company has top investors

Leadership

Pratap Ranade

(CEO)

Co-founded and was CEO of Kimono Labs (acquired by Palantir), which converts unstructured web data into APIs. Joined Palantir post-acquisition as a Forward Deployed Engineer. Before co-founding Arena, they led Engineering & Machine Learning at Enigma Technologies.

Engin Ural

(CTO)

Former Application Developer at Goldman Sachs. Spent five years at Palantir as a Forward Deployed Software Engineer, before joining Enigma Technologies as a Software Engineer.

Jobs (4)

All locations

Software Engineering

Data

Sales & Account Management