Tessera Labs's website preview

Well Run profileThe Chase Pack · #183 of 720

Position 183

Tessera Labs

AI agents that run ERP migrations and modernization (SAP, Oracle) for large enterprises

Pace
4:05/kmRace4.5
Distance
Distance 10K.
Open ops roles
1
Last week
—
Move
New
Peak
#176
Weeks in the 100
0
The Chart →
Rank and score over time
Board rank
#166#176#186#176Oct 25
Pace score
02464.5Oct 25

One point per Sunday re-rank, tracking since Oct 25. The lines fill in week by week.

Tessera Labs runs in the Race lane (4:05/km): 94 of 111. Further right = more momentum. No competitors on the board yet, so it runs alone.

The problem

ERP migrations take years and armies of consultants, with costly change orders along the way

What they do

AI agents that run ERP migrations and modernization (SAP, Oracle) for large enterprises

Traction Multimillion-dollar ACV contracts with Fortune 500 CIOs (Merck, Xerox named by Forbes); revenue undisclosed

Hiring trend

Open roles
26
Ops roles
1
Headcount
~87

30+ staff at May 2026 raise → ~87 by Sep 2026 (Crustdata); engineering +457% YoY

Hiring in

  • San Jose
  • New York
  • San Francisco
  • Remote (US)
  • Remote (Brazil)

Funding

Last round
$60M
Stage
Series A
Date
May 2026

Led by Andreessen Horowitz; Foundation Capital, Myriad Venture Partners, Osage University Partners participated

Distance

10K · edge: learns from use

Strong enterprise wins, but migration work is project-based and must stick after go-live.

Sources: Altis Research: Tessera, project-based wins and retention question (Oct 2026) ↗ · Tech Funding News: a16z leads $60M Series A (May 2026) ↗

Last checked Oct 25, 2026

Keep going

← Back to the board