Tessera Labs develops autonomous AI agents trained to manage end-to-end enterprise IT and ERP transformations, including business-process design and automated code reconfiguration for large-scale system updates. Founder Kabir Nagrecha, who previously researched AI at Meta and Netflix, started the company after observing inefficiencies in traditional system-integrator models. Tessera says its approach can reduce the number of required consultants dramatically (from hundreds to a handful) and shorten coding cycles from around ten months to weeks. The company reports client-level savings exceeding $100 million annually for large enterprises and is working directly with customers such as Merck and Xerox while running trials with other Fortune 500 firms. Publicly reported metrics and financials beyond those claims were not provided in the articles.

Total raised

$60M

Funding rounds

1

Latest round

Series A

Latest activity

May 2026