Asolvi

Trondheim, Norway Founded: 2017 • Age: 9 yrs Acquired By Volpi Capital
Field service management software is provided for SMEs.
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About Asolvi

Asolvi is a company based in Trondheim (Norway) founded in 2017 was acquired by Volpi Capital in September 2019.. Asolvi has completed 8 acquisitions, including Binary, Dr. Herwig and Foxtag. Asolvi offers products and services including Evatic, AlarmMaster Pro, Protecnus, Herwig, and Vantage Online. Asolvi operates in a competitive market with competitors including BigChange, Yoobic, Workiz, WorkWave and Dispatch, among others.

  • Headquarter Trondheim, Norway
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Asolvi As
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
    $19.42 M (USD)
    9
    as on Dec 31, 2022
  • Net Profit
    $-821.94 K (USD)
    -205
    as on Dec 31, 2022
  • EBITDA
    $-22.49 K (USD)
    -102
    as on Dec 31, 2022
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Binary

    & 7 more

  • Acquired by
    Volpi Capital

    (Sep 05, 2019)

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Products & Services of Asolvi

Asolvi offers a comprehensive portfolio of products and services, including Evatic, AlarmMaster Pro, Protecnus, Herwig, and Vantage Online. 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.

Primary

Software for KPI tracking and business control in service management.

Comprehensive tool for alarm and security compliance in the UK market.

Solution for maintenance services in Spain and Latin America regions.

Web-based platform for planning and invoicing field service tasks.

Online system for managing field service operations efficiently.

People of Asolvi
Headcount 50-200
Employee Profiles 28
Employee Profiles
People
Tim Manders
Head Of Operations (tesseract) At Asolvi
People
Ian Savage
Chief Financial Officer
People
Ole Martin Skaug
Sales Director
People
Henri Jonas
Sales And Project Manager

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Funding Insights of Asolvi

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Asolvi

Asolvi has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Volpi Capital. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Volpi Capital is engaged in mid-market private equity investments.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Asolvi

Asolvi has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Binary, Dr. Herwig and Foxtag. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Digital platform for maintenance planning, documentation, and mobile services.
2015
Cloud-based management tools are offered for fire protection firms.
2015
Sales activities are organized and managed through a dedicated platform.
2013
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Asolvi

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Asolvi Comparisons

Employees
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Competitors of Asolvi

Asolvi 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 BigChange, Yoobic, Workiz, WorkWave and Dispatch, 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
domain founded_year HQ Location
Cloud-based field workforce management software is provided.
domain founded_year HQ Location
Frontline employee experience platform for managing operational tasks
domain founded_year HQ Location
Software for field services management and scheduling is provided.
domain founded_year HQ Location
Cloud Based software solutions for Field Service and Fleet Management for Pest Control, Cleaning, Lawn and HVAC
domain founded_year HQ Location
Field service management software and APIs are offered for businesses.
domain founded_year HQ Location
Field operations are tracked and managed through a cloud-based platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Asolvi

Frequently Asked Questions about Asolvi

When was Asolvi founded?

Asolvi was founded in 2017.

Where is Asolvi located?

Asolvi is headquartered in Trondheim, Norway. It is registered at Trondheim, Trøndelag, Norway.

What is the annual revenue of Asolvi?

Annual revenue of Asolvi is $19.42M as on Dec 31, 2022.

What does Asolvi do?

Asolvi was founded in 2017 in Trondheim, Norway, where field service management software is developed for small and medium-sized enterprises. Products such as Evatic, Tesseract, and Winserv are offered, with features including GPS tracking, workforce scheduling, stock and contract management, service optimization, mobile automation, and integrated CRM. Operations focus on the field service sector across Europe.

Who are the top competitors of Asolvi?

Asolvi's top competitors include Yoobic, Sitemate and BigChange.

What products or services does Asolvi offer?

Asolvi offers Evatic, AlarmMaster Pro, Protecnus, Herwig, and Vantage Online.

How many acquisitions has Asolvi made?

Asolvi has made 8 acquisitions, including Binary, Dr. Herwig, and Foxtag.

Who are Asolvi's investors?

Asolvi has 1 investor. Key investors include Volpi Capital.

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