Tessera Labs

Tessera Labs is a US-based company specializing in AI-driven solutions for enterprise resource planning (ERP) modernization. It focuses on enhancing operational efficiency and reducing transformation timelines for businesses. Tessera Labs, founded in 2024 and headquartered in San Jose, US, provides AI solutions that modernize ERP systems. The company has successfully raised USD 60 mn in Series A funding led by Andreessen Horowitz, with participation from Foundation Capital, Myriad Venture Partners, and OUP (Osage University Partners).

The latest funding round took place on May 5, 2026. The founder's detailed history is not available, and there are no mentions of subsidiaries or pivots in business strategy. Tessera offers enterprise-grade AI solutions that facilitate ERP modernization, significantly improving efficiency and reducing transformation timelines. The flagship product, the Tessera platform, integrates multi-agent AI to enhance processes across ERP systems and connected applications, including SAP, Salesforce, Workday, and Oracle.

This platform enables organizations to transition to SAP S/4HANA more rapidly while maintaining mission-critical operations. Tessera’s clientele mainly consists of large enterprises in regulated sectors, ensuring compliance and operational continuity, with a focus on markets in North America and Europe. Tessera operates under a subscription-based revenue model, allowing clients access to its suite of AI-driven ERP modernization solutions. Client engagements involve structured agreements, potentially including annual subscriptions for the Tessera platform, tailored support services, and strategic partnerships for ongoing transformation projects.

The comprehensive service offering includes features such as multi-agent automation and enterprise governance, with each engagement customized to meet specific operational needs. Tessera Labs plans to utilize the USD 60 mn raised in Series A funding to enhance automation in complex enterprise software transformations and system integrations through artificial intelligence. The company is focused on expanding its offerings with new products aimed at streamlining ERP modernization processes. Additionally, Tessera aims to penetrate additional markets in Europe and continue its growth in North America by 2027, aligning its strategic initiatives with the increasing demand for modernization solutions in these regions.