Allevar

Toronto, Canada Founded: 2005 • Age: 21 yrs Acquired By Deloitte
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About Allevar

Allevar is a Business Services company based in Toronto (Canada) founded in 2005, and was acquired by Deloitte in July 2025. Home Allevar. Allevar offers products and services including IT Services, Pega Solutions, Big Data and Analytics, and Project and Agile. Its focus areas include HR Services, Recruitment Services and IT.

Company details

Founded in 2005 in Toronto, Canada, Allevar functions as a consulting and technical services firm focused on the financial sector. Operational processes are optimized for banks through technology integration and automation. Services include financial crimes compliance, big data analytics, Pega solutions, process mining, architecture, development, and project management. Outcomes encompass improved customer experiences, streamlined operations, reduced costs, and enhanced process automation.

  • Headquarters Toronto, Canada
  • Stage Acquired
  • Sectors
    Business Services
  • Website allevar.com
  • Acquired by Deloitte (Jul 2025)
Key Metrics

Products & Services of Allevar

Allevar offers a comprehensive portfolio of products and services, including IT Services, Pega Solutions, Big Data and Analytics, and Project and Agile.

IT Services
Consulting

Delivers technology solutions and staffing for business needs.

Pega Solutions
Software Implementation

Provides Pega services for banking systems optimization.

Big Data and Analytics
Data Services

Enables real-time data ingestion and machine learning for banks.

Project and Agile
Project Management

Offers agile coaching and project management for efficiency.

Investors in Allevar

Allevar has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Deloitte.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Audit, financial advisory, risk management, and tax services are provided.
1845deloitte.comNew York, United States
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Investor details for Allevar

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  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

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Timeline of Allevar

2 dated milestones of Allevar across 20 years, from founding to its latest funding, stage changes and deals.

  1. Founded Allevar is founded.
  2. Exit Acquired by Deloitte.
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Frequently Asked Questions about Allevar

Allevar was founded in 2005.

Allevar is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Founded in 2005 in Toronto, Canada, Allevar functions as a consulting and technical services firm focused on the financial sector. Operational processes are optimized for banks through technology integration and automation. Services include financial crimes compliance, big data analytics, Pega solutions, process mining, architecture, development, and project management. Outcomes encompass improved customer experiences, streamlined operations, reduced costs, and enhanced process automation.

Allevar offers IT Services, Pega Solutions, Big Data and Analytics, and Project and Agile.

Allevar has 1 investor. Key investors include Deloitte.

Yes. Allevar was acquired by Deloitte in July 2025.

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