Aavenir

Mckinney, United States Founded: 2019 • Age: 7 yrs
AI-powered contract lifecycle management and automation solutions are provided.

About Aavenir

Aavenir is a Technology company based in Mckinney (United States) founded in 2019 by Jesal Mehta. AI-powered contract lifecycle management and automation solutions are provided. Aavenir has raised $8 million across 2 funding rounds from investors including Accel and ScOp Venture Capital. The company has 57 employees. Its chief executive, as recorded, is Jesal Mehta. Its website aavenir.com draws about 20 thousand monthly visits. Its Indian entity Aavenir Software Private Limited reported revenue of β‚Ή27.15 Cr. Aavenir offers products and services including Contractflow, Invoiceflow, RFPflow, Onboardingflow, and Obligationflow. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Procure to Pay. Its competitors include Coupa, Sage Group and Tipalti; 2 of its 3 listed competitors have raised funding.

Company details

Founded in 2019, Aavenir is based in McKinney, United States, and operates in the software sector focused on contract management. A platform is offered for handling contracts from request to renewal, with features for obligation tracking and approvals. Tools are provided for extracting, reviewing, and analyzing contract data. Integration with external systems is supported to enhance workflow efficiency and contract visibility.

  • Headquarters Mckinney, United States
  • Employees 57
  • Founders Jesal Mehta
  • Sectors
    Technology
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website aavenir.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Aavenir Software Private Limited
  • Date of Incorporation 04 Jul, 2019
  • Jurisdiction Ahmedabad, Gujarat, India
Key Metrics
  • Indian entity revenue
    ₹27.15 Cr

    FY 2025 · +11% YoY

  • Indian entity net profit
    ₹2.96 Cr

    FY 2025 · 11% margin

  • Indian entity EBITDA
    ₹4.15 Cr

    FY 2025 · 15% margin

  • Total Equity Funding
    $8M (USD)

    in 2 rounds

  • Latest Funding Round
    $6M (USD), Series A

    Mar 2022

  • Investors
    Accel

    & 1 more

  • Employee Count
    57

Products & Services of Aavenir

Aavenir offers a comprehensive portfolio of products and services, including Contractflow, Invoiceflow, RFPflow, Onboardingflow, and Obligationflow.

Contractflow
Contract Management

AI-driven tool for end-to-end contract lifecycle management

Invoiceflow
Accounts Payable

Automates invoice extraction, verification, and workflows

RFPflow
Sourcing Management

Facilitates RFP creation and supplier collaboration

Onboardingflow
Vendor Management

Streamlines vendor onboarding and due diligence processes

Obligationflow
Compliance Management

Manages and monitors contract obligations with AI

Apps and channels of Aavenir

its YouTube channel Aavenir has 390 subscribers and 30 videos.

Aavenir
YouTube 390 subscribers 30 videos Science & Technology
Open channel

Videos from Aavenir

The most watched videos on Aavenir's YouTube channel, Aavenir (390 subscribers). Click a video to play it here.

About Aavenir Source-to-Pay Solutions on ServiceNow
1.6K views
Exclusive Interview with Aavenir CEO: Transforming Contract Management & S2P with AI on ServiceNow
621 views
Meet Aavenir at ServiceNow Knowledge 2023, Live From Las Vegas
398 views
The Top 10 ServiceNow Knowledge 2023 Sessions to Attend | Aavenir
305 views

More on Aavenir.

Funding Insights of Aavenir

Aavenir has successfully raised a total of $8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $8M
  • Total Rounds 2
  • Last Round Series A β€” $6M
  • First Round $2M

    (Apr 2020)

  • Investors Count 2

All 2 funding rounds of Aavenir with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2022$6MSeries A–Accel
Apr 2020$2MSeed–Accel
–
Valuation history

2 investors in total: 2 institutional.

Investors in Aavenir

Aavenir has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Accel and ScOp Venture Capital.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Accel is recognized as a leading venture capital firm.
1983accel.comPalo Alto, United States
Investments in SaaS startups are made by ScOp Venture Capital.
scopvc.comSanta Barbara, United States
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Investor details for Aavenir

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Board of directors of Aavenir Software Private Limited (Aavenir)

Aavenir Software Private Limited is the primary company behind Aavenir. The board of Aavenir Software Private Limited currently have 2 directors; the longest-serving is Nisha Mehta, appointed in 2019.

DirectorDesignationAppointedTenureEntity
Nisha Mehta
DIN 08500274
Director04 Jul 20197 yrs 3 moAavenir Software Private Limited
Jesal Bhargavbhai Mehta
DIN 01992998
Director04 Jul 20197 yrs 3 moAavenir Software Private Limited

People of Aavenir

32 people are tracked at Aavenir (7 in leadership, 25 in team); the tracked headcount is 57.

NameRoleGroup
Founder & CEOLeadership
Rishabh Jha
Director of EngineeringLeadership
John Hirsh
VP, Global SalesLeadership
Gaurang Soni
CTOLeadership
Ruchira Pradhan
Associate DirectorLeadership
Megha Paradkar
Head, Professional Services & Client EngagementLeadership
Sneha Sata
Director, HR & OperationsLeadership
Dhaval Mehta
QA ManagerTeam
Shehzad Mansuri
Principal Software EngineerTeam
Vinayaka Jeenkeri
Technical ArchitectTeam
Chirag Ahjolia
Member Of Technical StaffTeam
Priyank Shah
Machine Learning EngineerTeam
Shaiwal Chaudhary
Senior Solutions ArchitectTeam
Siddhi Panchal
Machine Learning EngineerTeam
Vatsal Shukla
Staff Software EngineerTeam
Behshid K.
Staff Software EngineerTeam
Priyansh Darji
Software EngineerTeam
Roshni Shetty
Sr. Customer Success EvangelistTeam
Sunil Masand
SVP, Product ManagementTeam
Maaiz Shaikh
Software EngineerTeam

12 more people are available in the full profile.

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Complete people profiles for Aavenir

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Financials of Aavenir

Figures of Aavenir Software Private Limited, the primary company behind Aavenir, for FY 2025. Revenue was ₹27.15 Cr (+11% year on year). Net profit was ₹2.96 Cr (11% margin). EBITDA was ₹4.15 Cr (15% margin). Revenue has grown at a compounded annual rate of +42% over three years and +88% over five years.

  • ₹27.15 CrRevenue · FY 2025 · +11% YoY
  • ₹2.96 CrNet profit · 11% margin
  • ₹4.15 CrEBITDA · 15% margin
  • ₹1 LakhPaid-up capital
  • 57Employees (provident fund records)
  • +42%Revenue CAGR, 3 years
  • +88%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Aavenir Software Private Limited are on its company page.

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Detailed financial statements for Aavenir

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of Aavenir

3 dated milestones of Aavenir across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Aavenir is founded.
  2. Funding First funding round of $2.0M.
  3. Funding Latest funding round, Series A, of $6.0M.

Competitors of Aavenir

Aavenir has 3 listed competitors in our database, 2 of them funded. They include Coupa, Sage Group and Tipalti.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
coupa.com2006San Mateo, United States$169M643
Cloud-based end-to-end spend management software is delivered for businesses.
sage.com1981United States1,877
Cloud-based accounting and payroll solutions for small and medium businesses
tipalti.com2010Foster, United States$553M360
Cloud-based procurement and invoice management solutions are offered to businesses.
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Detailed competitors of Aavenir

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Web traffic of Aavenir

The website of Aavenir (aavenir.com) receives about 19.9K visits a month.

  • Monthly visits
    19.9K

    ▲ 4.4% vs previous month

Similar websites

Websites whose visitors overlap most with Aavenir. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
slickcharts.com
100%
#74,360View details
tyasuite.com
77%
21.5K#509,589View details
pocketlaw.com
69%
46.6K#651,157View details
wesignature.com
60%
25.8K#1,244,863View details
enty.io
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153.8K#274,291View details
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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 9 similar websites and full traffic analytics for Aavenir

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  • Audience overlap
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Top companies in Finance & Accounting Applications

3 companies that operate in the same segment as Aavenir (Finance & Accounting Applications) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B3,108
Corporate travel and expense management are facilitated through SaaS platform.
2015Palo Alto, California, United StatesUSD 1.58 BUSD 3.52 M847
Financial and accounting software is developed for businesses and individuals.
1983Mountain View, California, United StatesUSD 49.62 MUSD 21.45 B18,200
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Related news about Aavenir

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Frequently Asked Questions about Aavenir

Aavenir was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Aavenir is headquartered in Mckinney, United States. It is registered at Mckinney, Texas, United States.

Jesal Mehta is the CEO of Aavenir, as recorded in our data. They have also founded this company.

Aavenir is a funded company, having raised a total of $8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Apr 2020.

Aavenir has 57 employees.

The primary company behind Aavenir, Aavenir Software Private Limited, reported revenue of β‚Ή27.15 Cr for FY 2025, up 11% year on year.

Founded in 2019, Aavenir is based in McKinney, United States, and operates in the software sector focused on contract management. A platform is offered for handling contracts from request to renewal, with features for obligation tracking and approvals. Tools are provided for extracting, reviewing, and analyzing contract data. Integration with external systems is supported to enhance workflow efficiency and contract visibility.

Aavenir's top competitors include Coupa, Sage Group and Tipalti.

Aavenir offers Contractflow, Invoiceflow, RFPflow, Onboardingflow, and Obligationflow.

Aavenir has 2 investors. Key investors include Accel, and ScOp Venture Capital.

Aavenir operates through Aavenir Software Private Limited.

The legal entities of Aavenir currently have 2 directors, including Nisha Mehta, Jesal Bhargavbhai Mehta.

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