Avalon

Helsinki, Finland Founded: 1999 • Age: 27 yrs Acquired By Digia
Avalon is recognized as a specialist in customer experience development.
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About Avalon

Avalon is a company based in Helsinki (Finland) founded in 1999 was acquired by Digia in September 2022. It operates as a Professional Services. Avalon offers products and services including Customer Experience Development, Business Design, and Digital Service Conceptualization. Avalon operates in a competitive market with competitors including S⁴Capital, Townsquare Media, Advantage Solutions, Prophet and Tinuiti, among others.

  • Headquarter Helsinki, Finland
  • Sectors
    Business Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Avalon, Part Of Digia Group
Operational Areas
Business Services → Customer Experience & Marketing Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Digia

    (Sep 20, 2022)

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Products & Services of Avalon

Avalon offers a comprehensive portfolio of products and services, including Customer Experience Development, Business Design, and Digital Service Conceptualization. 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

Customer experiences are enhanced through strategic design solutions.

Business models are crafted for sustainable growth strategies.

Digital services are conceptualized for improved user engagement.

People of Avalon
Headcount 1000-5000
Employee Profiles 194
Board Members and Advisors 5
Employee Profiles
People
Timo Levoranta
President & CEO
People
Tuomo Niemi
SVP, Financial Platforms
People
Pia Huhdanmäki
SVP, HR, Culture & Sustainability
People
Juhana Juppo
Cto, Senior Vice President, Business Services

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Board Members and Advisors
people
Outi Taivainen
Board Member
people
Robert Ingman
Chairman
people
Santtu Elsinen
Board Member
people
Sari Leppänen
Board Member

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Funding Insights of Avalon

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 Avalon

Avalon has secured backing from 1 investor. Prominent investors backing the company include Digia. 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
Investor Description Founded Year Domain Location
Software development services including design, integration, and testing are provided.
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 Avalon

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

Financial Statements - Avalon

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

Avalon Comparisons

Employees
+
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Competitors of Avalon

Avalon 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 S⁴Capital, Townsquare Media, Advantage Solutions, Prophet and Tinuiti, 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
Digital advertising and content marketing services are provided globally.
domain founded_year HQ Location
Media Company focused on radio broadcasting, live events, marketing solutions
domain founded_year HQ Location
Consumer packaged goods sales and digital marketing services are provided.
domain founded_year HQ Location
Brand and marketing consulting solutions provider
domain founded_year HQ Location
Digital marketing services including paid search and e-commerce are provided.
domain founded_year HQ Location
Digital marketing, advertising, and IT services are provided globally.
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 Avalon

Digia and Avalon join forces
Cision3 years ago

Frequently Asked Questions about Avalon

When was Avalon founded?

Avalon was founded in 1999.

Where is Avalon located?

Avalon is headquartered in Helsinki, Finland.

What does Avalon do?

Avalon is engaged in enhancing customer experiences through innovative design, marketing, and technology solutions. The company operates within the professional services sector, focusing on strategic foresight, business design, and digital service conceptualization. Comprehensive approaches are utilized to foster sustainable business growth and personalized customer interactions. Collaboration with clients across various industries is maintained to deliver impactful and data-driven marketing strategies. As part of the Digia Group, Avalon is supported by a wide network of over 1,500 IT experts, strengthening its capability to offer extensive IT service solutions in Finland and beyond.

Who are the top competitors of Avalon?

Avalon's top competitors include S⁴Capital, Townsquare Media and Tinuiti.

What products or services does Avalon offer?

Avalon offers Customer Experience Development, Business Design, and Digital Service Conceptualization.

Who are Avalon's investors?

Avalon has 1 investor. Key investors include Digia.

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