About Aureon
Aureon is a company based in West Des Moines (United States) founded in 1988 was acquired by Oasis in July 2018.. Aureon has raised $50.83 million across 5 funding rounds from investors including Paychex HR, Atlas Venture and Pfizer Venture Investments. Aureon has completed 5 acquisitions, including BNS Network Solutions, Caleris and Go to ACS. Aureon offers products and services including Managed IT Services, Business Internet, and Contact Center Solutions. Aureon operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
- Headquarter West Des Moines, United States
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Sectors
TelecommunicationsTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Merit Resources, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$50.83 M (USD)
in 5 rounds
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Latest Funding Round
$16.84 M (USD), Series C
Sep 29, 2011
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Investors
Paychex HR
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
BNS Network Solutions
& 4 more
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Acquired by
Oasis
(Jul 17, 2018)
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Products & Services of Aureon
Aureon offers a comprehensive portfolio of products and services, including Managed IT Services, Business Internet, and Contact Center Solutions. 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.
Offers backup, disaster recovery, and cloud services for business operations.
Provides dedicated internet access and unified communications solutions.
Delivers call center and technical support services for various industries.
Funding Insights of Aureon
Aureon has successfully raised a total of $50.83M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $16.84 million completed in September 2011. 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 Total Funding
- Total Rounds 5
- Last Round Series C — $16.8M
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First Round
First Round
(04 Aug 2005)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2011 | Amount | Series C - Aureon | Valuation |
investors |
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| Aug, 2010 | Amount | Series B - Aureon | Valuation |
investors |
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| Mar, 2010 | Amount | Series B - Aureon | Valuation |
investors |
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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 Aureon
Aureon has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Paychex HR, Atlas Venture and Pfizer Venture Investments. 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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Venture capital firm investing in life science and biotechnology sectors
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Founded Year | Domain | Location | |
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Venture capital is focused on healthcare by Pfizer's investment arm.
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Founded Year | Domain | Location | |
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Provides consulting services for startup execution, digital marketing, and strategic planning.
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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 Aureon
Aureon has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include BNS Network Solutions, Caleris and Go to ACS. 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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Customer experience services are provided by Caleris across various sectors.
|
2002 | ||||
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Provider of information technology and digital transformation services
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2001 | ||||
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Provider of networking services
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
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 - Aureon
| 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 |
Aureon Comparisons
Competitors of Aureon
Aureon 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 |
|---|---|---|---|---|
| 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
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 Aureon
Frequently Asked Questions about Aureon
When was Aureon founded?
Aureon was founded in 1988 and raised its 1st funding round 17 years after it was founded.
Where is Aureon located?
Aureon is headquartered in West Des Moines, United States. It is registered at West Des Moines, Iowa, United States.
Who is the current CEO of Aureon?
Ron Keller is the current CEO of Aureon.
Is Aureon a funded company?
Aureon is a funded company, having raised a total of $50.83M across 5 funding rounds to date. The company's 1st funding round was a Series B of $7M, raised on Aug 04, 2005.
What does Aureon do?
Founded in 1988, Aureon is headquartered in West Des Moines, United States, and operates in the telecom sector for business clients in banking, finance, healthcare, and other enterprises. Broadband internet up to 100 Gbps, leased lines, VoIP telephony, managed IT services including data security and cloud solutions, and contact center operations are delivered via a proprietary fiber-optic network. Wholesale network services and consulting are also extended to partners.
Who are the top competitors of Aureon?
Aureon's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
What products or services does Aureon offer?
Aureon offers Managed IT Services, Business Internet, and Contact Center Solutions.
How many acquisitions has Aureon made?
Aureon has made 5 acquisitions, including BNS Network Solutions, Caleris, and Go to ACS.
Who are Aureon's investors?
Aureon has 4 investors. Key investors include Paychex HR, Atlas Venture, Pfizer Venture Investments, and sprout group.
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