Tessera Labs
Category: AI Agents
AI-native multi-agent platform for enterprise ERP modernization, automating SAP S/4HANA migrations, data harmonization, and code remediation. Tessera Labs was founded in 2024. The company is led by Kabir Nagrecha. Based in San Jose, California, United States. Team size: 11-50. Total funding raised: $68M. Latest round: Series A. Key investors include Andreessen Horowitz (a16z), Clear Ventures, Foundation Capital, Myriad Venture Partners, Osage University Partners.
- Founded
- 2024
- Headquarters
- San Jose, California, United States
- Team size
- 11-50
- Total funding
- $68M
Value proposition
AI-native platform that automates the most expensive, labor-intensive parts of ERP transformation (code remediation, data harmonization, testing, migration) replacing large consulting teams with intelligent, governed multi-agent automation.
Products and solutions
Tessera Platform (multi-agent AI for ERP modernization), Migration Acceleration (SAP ECC to S/4HANA), Data Quality & Harmonization, Cross-System Orchestration, Continuity & Operations
Unique value
Compresses enterprise ERP modernization from years to weeks using governed, multi-agent AI that unifies SAP, Salesforce, Workday, and Oracle systems — reducing costs by more than half while maintaining audit-grade traceability.
Target customer
Fortune 500 enterprises undergoing ERP, HCM, CRM, and procurement system modernization across manufacturing, technology, retail, consumer goods, and utilities industries.
Industries served
Manufacturing, Technology, Retail, Consumer Goods, Utilities, Pharmaceuticals
Technology advantage
Multi-agent AI architecture with enterprise governance guardrails; pre-trained on thousands of organizational landscapes and transformation scenarios; natural language requirement capture; cross-system orchestration; vendor-agnostic integration across SAP, Salesforce, Workday, Oracle.
How they differentiate
Vendor-agnostic multi-agent AI platform pre-trained on thousands of enterprise landscapes; compresses ERP transformation from years to weeks; reduces costs by more than half; delivers governed, traceable, auditable execution across SAP, Salesforce, Workday, and Oracle systems.
Main competitors
Celonis, ServiceNow, Accenture/Deloitte/GSI consulting-led ERP transformation practices
Notable customers
Merck (top-five global biopharmaceutical company), Xerox (Fortune 500 document technology and business services company)
Major milestones
2024: Company founded by Kabir Nagrecha and Ming Chang, 2024-08: Raised pre-seed round led by Clear Ventures, 2025-12: Listed on Clear Ventures portfolio, 2026-05: Emerged from stealth with $60M Series A led by a16z at $320M valuation, secured Fortune 500 customers including Merck and Xerox.
Market positioning
Purpose-built AI-native system integrator for full ERP migration workflows, positioned against both traditional GSIs (Accenture, Deloitte) and enterprise software platforms (Celonis, ServiceNow) that address only parts of the transformation lifecycle.
Geographic focus
United States (Silicon Valley-based, serving global Fortune 500 enterprises)
About Kabir Nagrecha
Earned PhD in Computer Science from UC San Diego at age 20 (one of the youngest doctoral graduates); Meta PhD Research Fellow and AI systems researcher; interned at Netflix and Apple; started college at 13, graduated with CS degree at 17.
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Official website: https://www.tesseralabs.ai/
