About Advania
Advania is a company based in Stockholm (Sweden) founded in 1939 was acquired by Goldman Sachs in February 2021.. Advania has completed 15 acquisitions, including 3 Step IT, Advania and CCS Media. Advania offers products and services including Network & Infrastructure Services, Cloud Services, Cyber Security & Disaster Recovery, Software & Application Management, and Asset Lifestyle Management. Advania operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
- Headquarter Stockholm, Sweden
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Sectors
Business ServicesTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
$-216.11 K (USD)-75as on Dec 31, 2022
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EBITDA
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Latest Funding Round
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Investors
Goldman Sachs
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
3 Step IT
& 14 more
- Acquired by
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Products & Services of Advania
Advania offers a comprehensive portfolio of products and services, including Network & Infrastructure Services, Cloud Services, Cyber Security & Disaster Recovery, Software & Application Management, and Asset Lifestyle Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manages network and infrastructure for enterprise operations.
Provides scalable cloud solutions for business continuity.
Offers protection and recovery for digital assets.
Handles application lifecycle and innovation support.
Manages IT assets throughout their lifecycle.
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Funding Insights of Advania
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2018 | Amount | Private Equity Round - Advania | Valuation | VIA equity , PFA Pension |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Advania
Advania has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, PFA Pension and VIA equity. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Tech & offline focused PE & VC firm investing in Europe
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Founded Year | Domain | Location | |
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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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Pension fund for the employees in Denmark
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Advania
Advania has strategically engaged in corporate development activities, having acquired 15 companies. Notable acquisitions include 3 Step IT, Advania and CCS Media. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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AI implementation and management services are provided to businesses.
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2021 | ||||
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IT consulting, software development, and staffing services are provided.
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2021 | ||||
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IT hardware and software products are distributed across markets.
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Advania
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Advania Comparisons
Competitors of Advania
Advania operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
Multi-access edge networking computing platform is provided for mobile services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Advania
Frequently Asked Questions about Advania
When was Advania founded?
Advania was founded in 1939 and raised its 1st funding round 79 years after it was founded.
Where is Advania located?
Advania is headquartered in Stockholm, Sweden.
Who is the current CEO of Advania?
Aspen Hartz is the current CEO of Advania.
What does Advania do?
Founded in 1939 and headquartered in Stockholm, Sweden, Advania is engaged in the IT sector, focusing on data center operations and infrastructure services. A facility in Iceland is maintained with N1 redundancy in air cooling, hot aislecold aisle configuration, high-capacity UPS, and robust power and connectivity. Carrier-neutral setups are utilized to deliver infrastructure as a service, dedicated servers, and options for Bitcoin mining hardware.
Who are the top competitors of Advania?
Advania's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
What products or services does Advania offer?
Advania offers Network & Infrastructure Services, Cloud Services, Cyber Security & Disaster Recovery, Software & Application Management, and Asset Lifestyle Management.
How many acquisitions has Advania made?
Who are Advania's investors?
Advania has 4 investors. Key investors include Goldman Sachs, PFA Pension, VIA equity, and AdvInvest.
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