What Tessera Labs does

Tessera Labs is a San Jose-based, venture-backed enterprise AI company founded in 2024 that builds a multi-agent AI platform for ERP and connected-system modernization. The company targets Fortune 500 CIOs and transformation leaders running $100M+ modernization programs, with named customers spanning biopharmaceuticals (Merck), document technology (Xerox), manufacturing, technology, retail, consumer goods, and utilities. Its core value proposition is compressing multi-year ERP transformation timelines into weeks and reducing program costs by more than half, positioning the platform as a software-driven alternative to the billable-hour systems-integration consulting model.

The Tessera Platform is built on a multi-agent AI-native architecture with a proprietary Split-Plane design in which customer Service Data is processed entirely within the customer's own infrastructure, allowing Tessera to deploy in regulated environments where centralized data ingestion is not viable. The platform is pre-trained on thousands of enterprise landscapes and is composed of four platform modules — a multi-agent automation engine, enterprise-grade governance (SSO/RBAC, SOC 2-aligned controls), code and process intelligence (automated SAP ABAP remediation with compile-time and runtime checks), and vendor-agnostic integration (SAP, Salesforce, Workday, Oracle). These are packaged into four business-outcome solutions: migration acceleration (SAP ECC to S/4HANA), data quality and harmonization, cross-system orchestration, and continuity and operations.

The company operates a direct, sales-led enterprise GTM targeting Fortune 500 buyers, with no public self-serve or channel presence; every route funnels to a 'Book a demo' CTA. Revenue comes from multi-year Master Subscription Agreements and outcome-aligned enterprise contracts, with publicly cited multi-million dollar ACVs closed within 18 months of founding. Tessera is founder-led by Kabir Nagrecha (CEO, Meta PhD Research Fellow, UCSD PhD), with a bench drawn from SAP, Oracle, Microsoft AI, Google Research, and Turing, and is backed by a $60M oversubscribed Series A led by Andreessen Horowitz at a $320M post-money valuation (May 2026).

Name

Tessera Labs

Legal name

Tessera Labs

Website

https://www.tesseralabs.ai

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

51–100 employees

Short description

Tessera Labs is a San Jose-based AI company that provides a multi-agent platform for Fortune 500 enterprise ERP and connected-system modernization, compressing multi-year transformation programs into weeks across SAP, Salesforce, Workday, and Oracle landscapes.

Ownership category

akta.pro rank

Product category

Enterprise AI Software for ERP Modernization

NAICS

Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151)

SIC

Services-Computer Programming Services (7371)

akta.pro primary industry

End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management) (HDAEANAA)

akta.pro secondary industries

iBPMS (Intelligent BPM Suites) & Process Automation Suites (HDAEAHAG), AI Integration & Orchestration Platforms (Connectors, Workflow, iPaaS for AI) (HDAEANAI)

Keywords

• Enterprise AI platform
• ERP modernization software
• Multi-agent automation
• SAP migration tools
• AI code remediation

Headquarters

HQ city

San Jose

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Enterprise subscription (Master Subscription Agreement): Multi-year SaaS / on-prem / private-cloud subscriptions governed by a Master Subscription Agreement (MSA). The MSA is the primary commercial vehicle, with enterprise-wide deployments and ongoing consumption.
2. Multi-million dollar enterprise ACVs: Land-and-expand with large enterprise CIOs; multi-million dollar annual contract values secured within 18 months of founding. Outcome-based positioning replaces billable-hour consulting model.
3. Outcome-based enterprise software delivery: Positioned to replace the billable-hour consulting model with outcome-based software delivery; pricing structured around transformation outcomes (timeline compression, cost reduction) rather than hours billed.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels9 records

Core offering

Tessera Labs builds and sells an AI-native, multi-agent platform that automates enterprise ERP, CRM, HCM, and finance transformation programs. The platform executes across data, processes, and custom code (including automated SAP ABAP remediation) and is vendor-agnostic across SAP, Salesforce, Workday, and Oracle. It is sold as multi-year enterprise subscriptions (SaaS, on-prem, or private cloud) under Master Subscription Agreements to Fortune 500 customers.

Product overview

Tessera Labs offers a single unified AI product — the Tessera Platform — for enterprise ERP modernization, built on a multi-agent AI architecture. The core Tessera Platform is extended by four platform modules: the Multi-agent automation engine (full-spectrum automation across data, processes, and code), Enterprise-grade governance (identity-aware, audit-ready controls with SSO and RBAC), Code & process intelligence (automated SAP ABAP remediation, optimization, and documentation), and Vendor-agnostic integration (connectors across SAP, Salesforce, Workday, and Oracle). These modules are packaged into four business-outcome Solutions — Migration acceleration (SAP ECC to S/4HANA), Data quality & harmonization, Cross-system orchestration, and Continuity & operations — which together address the full lifecycle of enterprise transformation.

Differentiator

Problem solved

Functional benefit

Products and services

• Tessera Platform AI-native, multi-agent enterprise platform that executes across data, processes, and custom code to compress ERP, CRM, HCM, and finance transformation programs from years to weeks. Pre-trained on thousands of enterprise landscapes; vendor-agnostic across SAP, Salesforce, Workday, and Oracle; deployable as SaaS, on-prem, or private cloud; sold via multi-year Master Subscription Agreements to Fortune 500 CIOs and transformation leaders.

Quantifiable outcome

• Compresses ERP transformation timelines from years to weeks
• +5 more outcomes

Named customers2 records

Segments6 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability9 records

Feature7 records

Partnerships

Four partnerships are on record, tiered flagship and core.

• SAPflagshipTechnology or IntegrationTessera's platform is built to modernize SAP landscapes end-to-end, with native connectors and AI agents for SAP ECC, SAP S/4HANA migrations, and automated SAP ABAP code remediation. The platform is initially focused on SAP upgrades such as ECC to S/4HANA migrations and positions itself as a top pain-point remover for SAP leaders.
• SalesforcecoreTechnology or IntegrationTessera unifies customer data and workflows with secure, automated synchronization between Salesforce and other enterprise systems; part of the vendor-agnostic integration layer alongside SAP, Workday, and Oracle.
• WorkdaycoreTechnology or IntegrationTessera connects Workday HR and finance workflows with ERP and other enterprise systems for seamless operations; part of the vendor-agnostic integration layer.
• OraclecoreTechnology or IntegrationTessera breaks down silos and orchestrates data and workflows across Oracle applications and connected systems; part of the vendor-agnostic integration layer.

Scale indicators11 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Celonis: Celonis is the leading process-mining and execution-management platform for enterprise ERP landscapes. Like Tessera, it sells AI-led software that automates and optimizes work across SAP and other enterprise systems, replacing manual consulting-heavy analysis — directly competing for the same CIO/transformation-leader budget.
• Automation Anywhere: Automation Anywhere is an agentic-process-automation platform that combines RPA, AI agents, and document understanding to automate enterprise workflows. It sells into the same Fortune 500 CIO base as Tessera and overlaps on AI-driven automation across ERP and finance landscapes.
• Appian: Appian is a process-automation and low-code platform with deep enterprise DNA in regulated industries, offering AI-driven automation across ERP and connected systems. Its focus on audit-ready, governance-rich automation competes head-on with Tessera's regulated-industry value proposition.
• Workato: Workato is an enterprise automation and integration platform that orchestrates workflows across SAP, Salesforce, Workday, NetSuite, and other systems. Its vendor-agnostic, agentic-automation positioning and mid-market-to-enterprise go-to-market overlap directly with Tessera's multi-agent orchestration layer.
• UiPath: UiPath is a leader in AI-driven enterprise automation and RPA, with a sales-led motion targeting large enterprises to automate processes across ERP, CRM, and finance systems. Tessera overlaps directly with UiPath's agentic-automation roadmap and the same Fortune 500 buyer base.

Emerging players

• Moveworks: Moveworks is an enterprise AI copilot platform that automates IT, HR, and finance workflows across systems of record (Workday, ServiceNow, SAP). It overlaps with Tessera's AI-agent-driven enterprise workflow automation, particularly in Workday-adjacent HCM and finance use cases.
• DataRobot: DataRobot provides an enterprise AI platform for building, deploying, and governing machine-learning and generative-AI applications. It is comparable to Tessera at the platform-and-governance layer for regulated enterprises deploying AI agents across complex data landscapes.

Broad incumbents

• MuleSoft (Salesforce): MuleSoft is Salesforce's enterprise integration platform that connects SAP, Workday, Oracle, and other systems of record. As a broad incumbent embedded in the Salesforce ecosystem, it competes for the same integration-and-orchestration budget that Tessera targets, albeit with a much wider portfolio.
• Palantir: Palantir's Foundry and AIP platforms orchestrate enterprise data and AI workflows across large, regulated customers (manufacturing, pharma, government). It competes for the same data-harmonization and AI-driven transformation budget that Tessera targets, but at a much broader enterprise-data scale.
• SAP Business Technology Platform (SAP BTP / Joule): SAP's BTP, Joule AI assistants, and Clean Core extensibility represent SAP's native AI orchestration layer for S/4HANA and connected landscapes. As the incumbent ERP vendor, SAP bundles AI modernization directly into its platform — the most direct incumbent threat to Tessera's SAP-migration wedge.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/tesseralabsai
• LinkedInlinkedin.com/company/tesseralabsai

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds2 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tessera Labs