Tessera Labs Raises $60M in Funding Led by Andreessen Horowitz

The company plans to use the funds to accelerate product development, expand sales and marketing efforts, and hire more AI researchers and experts.

The funding comes after major customer wins that show Tessera’s growing role in enterprise AI transformation. This includes a top-five global biopharmaceutical company running a multi-year ERP transformation and a Fortune 500 document technology and business services company modernizing its systems.

Tessera’s platform is trained on thousands of organizational systems and years of transformation expertise, enabling it to understand business needs in natural language and to manage secure changes across key systems such as ERP, HCM, CRM, and procurement, while ensuring business continuity. It connects fragmented systems and data with strong governance and full traceability, unlike vendor-specific tools, which are vendor-agnostic and continuously improve as they learn from new data and workflows.

The founding team includes AI researchers from Meta, Netflix and Apple, as well as platform experts from SAP MaxAttention and core product teams. This gives Tessera Labs strong credibility with large, risk sensitive organizations that manage billions in revenue through critical systems.

Read More:Kanvas Biosciences Raises $48M in Series A Funding

"Enterprise transformation has never been more urgent, and the technology to accelerate it has never been more powerful,” said Kabir Nagrecha, Co founder, and CEO of Tessera Labs. “Tessera Labs exists to close that gap, delivering in weeks what traditionally takes years, with the governance and reliability that mission critical programs demand."

"ERP systems are the backbone of every major company, but modernizing them has been prohibitively slow and expensive," said Seema Amble, Partner at Andreessen Horowitz. "Tessera's platform represents a genuine category shift not just making transformation faster, but making it predictable, governed and continuous. That changes the economics for CIOs and unlocks transformation at a scale we haven't seen before."

"We're hiring people who've built AI systems at scale, and people who've led transformations at the world's largest organizations," Nagrecha added. "It's a rare combination and i's what makes Tessera Labs work."

About Tessera Labs

Founded in 2024, by CEO Kabir Nagrecha, and COO Ming Chang, Tessera Labs is an Artificial Intelligence (AI) platform that helps enterprises modernize complex ERP systems, and data. It is trained on thousands of organizational systems, and deep transformation expertise, enabling it to accelerate projects, reduce costs and deliver reliable results through secure controlled execution.

Read More:SageOx Raises $15M in Seed Funding Led by Canaan Partners