
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 βΉ27.15 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
- SectorsTechnology
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’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
- 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
- InvestorsAccel
& 1 more
- Employee Count57
Associated legal entities of Aavenir
Aavenir operates through Aavenir Software Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aavenir Software Private Limited CIN U72900GJ2019FTC108940 | Active | 04 Jul 2019 | Ahmedabad, Gujarat | ₹27.2 Cr | 57 | 2 | View details |
Products & Services of Aavenir
Aavenir offers a comprehensive portfolio of products and services, including Contractflow, Invoiceflow, RFPflow, Onboardingflow, and Obligationflow.
AI-driven tool for end-to-end contract lifecycle management
Automates invoice extraction, verification, and workflows
Facilitates RFP creation and supplier collaboration
Streamlines vendor onboarding and due diligence processes
Manages and monitors contract obligations with AI
Apps and channels of Aavenir
its YouTube channel Aavenir has 390 subscribers and 30 videos.
Videos from Aavenir
The most watched videos on Aavenir's YouTube channel, Aavenir (390 subscribers). Click a video to play it here.
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.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Investments in SaaS startups are made by ScOp Venture Capital. | scopvc.com | Santa Barbara, United States |
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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nisha Mehta DIN 08500274 | Director | 04 Jul 2019 | 7 yrs 3 mo | Aavenir Software Private Limited |
| Jesal Bhargavbhai Mehta DIN 01992998 | Director | 04 Jul 2019 | 7 yrs 3 mo | Aavenir Software Private Limited |
People of Aavenir
32 people are tracked at Aavenir (7 in leadership, 25 in team); the tracked headcount is 57.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
Rishabh Jha | Director of Engineering | Leadership |
John Hirsh | VP, Global Sales | Leadership |
Gaurang Soni | CTO | Leadership |
Ruchira Pradhan | Associate Director | Leadership |
Megha Paradkar | Head, Professional Services & Client Engagement | Leadership |
Sneha Sata | Director, HR & Operations | Leadership |
Dhaval Mehta | QA Manager | Team |
Shehzad Mansuri | Principal Software Engineer | Team |
Vinayaka Jeenkeri | Technical Architect | Team |
Chirag Ahjolia | Member Of Technical Staff | Team |
Priyank Shah | Machine Learning Engineer | Team |
Shaiwal Chaudhary | Senior Solutions Architect | Team |
Siddhi Panchal | Machine Learning Engineer | Team |
Vatsal Shukla | Staff Software Engineer | Team |
Behshid K. | Staff Software Engineer | Team |
Priyansh Darji | Software Engineer | Team |
Roshni Shetty | Sr. Customer Success Evangelist | Team |
Sunil Masand | SVP, Product Management | Team |
Maaiz Shaikh | Software Engineer | Team |
12 more people are available in the full profile.
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.
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.
- Founded Aavenir is founded.
- Funding First funding round of $2.0M.
- 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 Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| coupa.com | 2006 | San Mateo, United States | $169M | 643 | Cloud-based end-to-end spend management software is delivered for businesses. | |
| sage.com | 1981 | United States | 1,877 | Cloud-based accounting and payroll solutions for small and medium businesses | ||
| tipalti.com | 2010 | Foster, United States | $553M | 360 | Cloud-based procurement and invoice management solutions are offered to businesses. |
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 visits19.9K
▲ 4.4% vs previous month
Websites whose visitors overlap most with Aavenir. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| slickcharts.com | 100% | #74,360 | View details | ||
| tyasuite.com | 77% | 21.5K | #509,589 | View details | |
| pocketlaw.com | 69% | 46.6K | #651,157 | View details | |
| wesignature.com | 60% | 25.8K | #1,244,863 | View details | |
| enty.io | 60% | 153.8K | #274,291 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 9 similar websites and full traffic analytics for Aavenir
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- 9 similar websites
- 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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 |
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Related news about Aavenir
Complete news archive for 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 βΉ27.15 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.
