About Avaloq
Avaloq is a Technology company based in Zurich (Switzerland) founded in 1985, and was acquired by NEC in October 2020. Cloud-based solutions for financial institutions are provided by Avaloq. Avaloq has raised $301.11 million across 3 funding rounds from investors including NEC, Raiffeisen Schweiz and BlackRock. The company has 2,687 employees. Avaloq has completed 1 acquisition, including Derivative Partners. Avaloq was last valued at $991 million in June 2017. Its chief executive, as recorded, is Martin Greweldinger. Its website avaloq.com draws about 60 thousand monthly visits. Its Indian entity Avaloq India Private Limited reported revenue of ₹64.35 Cr. Its focus areas include FinTech, Investment Tech, Wealth Management IT and Suite.
Company details
Avaloq was established in 1985 in Zurich, Switzerland, within the financial technology sector. Cloud-based platforms are offered to support core banking automation, portfolio monitoring, regulatory compliance, and investment analysis for institutions. Services also include conversational banking interfaces, omnichannel customer interactions, payment processing, securities trading, AI-generated investment recommendations, and integrations with wealth management systems. An ecosystem is maintained for incorporating third-party products and providers.
- Headquarters Zurich, Switzerland
- Employees 2,687
- Stage Acquired
- SectorsTechnology
- Website category Finance · Banking Credit and Lending
- Email••••••••
- Phone•••• ••••
- Website avaloq.com
- Social LinkedIn X Facebook YouTube
- Acquired by NEC (Oct 2020)
- Legal Name Avaloq India Private Limited
- Date of Incorporation 25 Oct, 2019
- Jurisdiction Pune, Maharashtra, India
Associated legal entities of Avaloq
Avaloq operates through Avaloq India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Avaloq India Private Limited CIN U72900PN2019FTC187470 | Active | 25 Oct 2019 | Pune, Maharashtra | ₹64.4 Cr | 3 | View details |
Apps and channels of Avaloq
its YouTube channel Avaloq has 869 subscribers and 30 videos.
Videos from Avaloq
The most watched videos on Avaloq's YouTube channel, Avaloq (869 subscribers). Click a video to play it here.
More on Avaloq.
Funding Insights of Avaloq
Avaloq has successfully raised a total of $301.11M across 3 strategic funding rounds. 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 $301.11M
- Total Rounds 3
- Investors Count 6
All 3 funding rounds of Avaloq with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2023 | Private Equity Round | – | BlackRock | – | |
| Jun 2017 | $301.11M | Private Equity Round | $991M | Warburg Pincus | – |
| Jun 2015 | Private Equity Round | – | Raiffeisen Schweiz | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2017 | $991M | •••••••• |
Last known valuation $991M (Jun 2017). 6 investors in total: 6 institutional.
Investors in Avaloq
Avaloq has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include NEC, Raiffeisen Schweiz and BlackRock.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multi-stage private equity investments are pursued across diverse sectors. | 1966 | warburgpincus.com | New York, United States | |
Private equity investments in financial services sector are facilitated. | motivepartners.com | New York, United States | ||
AS Equity Partners is focused on transforming tech-enabled businesses. | 2019 | as-equitypartners.com | London, United Kingdom | |
Diversified investment management firm and private fund focused on debt, equity, and secondary market investments in multiple sectors | 1988 | blackrock.com | New York, United States | |
Cooperative banking services are offered across Switzerland by this entity. | 1899 | raiffeisen.ch | St Gallen, Switzerland | |
Cloud-based IT and networking solutions are provided globally. | 1899 | nec.com | Minato City, Japan |
Investor details for Avaloq
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Avaloq India Private Limited (Avaloq)
Avaloq India Private Limited is the primary company behind Avaloq. The board of Avaloq India Private Limited currently have 3 directors; the longest-serving is Enrico Ardielli, appointed in 2019. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Enrico Ardielli DIN 08596142 | Director | 25 Oct 2019 | 7 yrs | Avaloq India Private Limited |
| Philippe Alain Meraldi DIN 09285803 | Director | 19 Aug 2021 | 5 yrs 2 mo | Avaloq India Private Limited |
| Anirban Mukherjee DIN 09302486 | Director | 09 Sep 2021 | 5 yrs 1 mo | Avaloq India Private Limited |
People of Avaloq
421 people are tracked at Avaloq (151 in leadership, 270 in team); the tracked headcount is 2,687.
| Name | Role | Group |
|---|---|---|
Martin Greweldinger | CEO | Leadership |
Roberto Zeni | Software Partner & Contract Management | Leadership |
Lucia Grond | Domain Head - Core | Leadership |
Michael Alford | Head Of Process & Service Management | Leadership |
Lorenzo Roberti | Domain Head, Front & Wealth CH & LI | Leadership |
Gavin Donoghue | Head Of Technical Communication | Leadership |
Michele Sasso | Head Of Legal And Regulatory Portfolio - Product Management | Leadership |
Jacopo B. | Head Of Payments - Region Ch/fl | Leadership |
Ronald Panopio | Domain Head, Devops And Global Technical Release Upgrades | Leadership |
Ezani Schultheiss | Head Of Digital Workplace Engineering | Leadership |
Thomas Widmer | COO | Leadership |
Pascal Wengi | Managing Director For APAC & MEA - Member Of The Group Executive Board | Leadership |
Reto Isenring | Head Of Service Management | Leadership |
Silvia Chan | Co-head Of Internal Controls & Assurance | Leadership |
Alessio di Carlo | HEAD OF Etd/otc Derivatives CH & DE Teams | Leadership |
Dr. Susanne Ess | Head Of Human Resources Germany | Leadership |
Bodo Grauer | Head Of Cloud Solution Delivery | Leadership |
Salvatore Arcidiacono | Head Of Legal Reporting Europe | Leadership |
Georges Roten | Managing Director for Switzerland & Liechtenstein | Leadership |
Martin Büchi | Chief Technology Officer | Leadership |
401 more people are available in the full profile.
Complete people profiles for Avaloq
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Avaloq
Figures of Avaloq India Private Limited, the primary company behind Avaloq, for FY 2025. Revenue was ₹64.35 Cr (+42% year on year). Net profit was ₹4.67 Cr (7% margin). EBITDA was ₹7.72 Cr (12% margin). Revenue has grown at a compounded annual rate of +64% over three years and +96% over five years.
- ₹64.35 CrRevenue · FY 2025 · +42% YoY
- ₹4.67 CrNet profit · 7% margin
- ₹7.72 CrEBITDA · 12% margin
- ₹50 LakhPaid-up capital
- +64%Revenue CAGR, 3 years
- +96%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Avaloq India Private Limited are on its company page.
Detailed financial statements for Avaloq
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Avaloq
Avaloq has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Derivative Partners.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of financial services for investment industries | derivativepartners.com | Zurich, Switzerland | 2000 | Jul 2019 | •••• |
Complete acquisition details for Avaloq
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Timeline of Avaloq
6 dated milestones of Avaloq across 38 years, from founding to its latest funding, stage changes and deals.
- Founded Avaloq is founded.
- Funding First funding round.
- Milestone Reaches Soonicorn status.
- Acquisition Acquires Derivative Partners.
- Exit Acquired by NEC.
- Funding Latest funding round, Private Equity Round,.
Web traffic of Avaloq
The website of Avaloq (avaloq.com) receives about 60.5K visits a month and ranks #694,237 among all websites worldwide, #8,475 in Banking Credit and Lending.
- Monthly visits60.5K
▲ 24.7% vs previous month
- Unique visitors20.9K
per month
- Global rank#694,237
among all websites
- Category rank#8,475
Finance · Banking Credit and Lending
- Bounce rate40%
- Pages per visit1.8
- Average visit14 sec
- DevicesDesktop 28% · Mobile 72%
Websites whose visitors overlap most with Avaloq. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bst-ag.ch | 100% | View details | |||
| afb.de | 92% | View details | |||
| opensolutions.com | 89% | View details | |||
| ocbcnisp.com | 89% | 2K | #7,538,026 | View details | |
stratinfotech.com | stratinfotech.com | 89% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 29 similar websites and full traffic analytics for Avaloq
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- 29 similar websites
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Related news about Avaloq
Complete news archive for Avaloq
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Frequently Asked Questions about Avaloq
Avaloq was founded in 1985 and raised its 1st funding round 30 years after it was founded.
Avaloq is headquartered in Zurich, Switzerland. It is registered at Zurich, Zurich, Switzerland.
Martin Greweldinger is the CEO of Avaloq, as recorded in our data.
Avaloq is a funded company, having raised a total of $301.11M across 3 funding rounds to date.
Avaloq has 2,687 employees.
The primary company behind Avaloq, Avaloq India Private Limited, reported revenue of ₹64.35 Cr for FY 2025, up 42% year on year.
Avaloq was established in 1985 in Zurich, Switzerland, within the financial technology sector. Cloud-based platforms are offered to support core banking automation, portfolio monitoring, regulatory compliance, and investment analysis for institutions. Services also include conversational banking interfaces, omnichannel customer interactions, payment processing, securities trading, AI-generated investment recommendations, and integrations with wealth management systems. An ecosystem is maintained for incorporating third-party products and providers.
Avaloq has made 1 acquisition, including Derivative Partners.
Avaloq has 6 investors. Key investors include NEC, Raiffeisen Schweiz, BlackRock, Warburg Pincus, and Motive Partners.
The valuation of Avaloq is $991M as of Jun 2017.
Avaloq operates through Avaloq India Private Limited.
Yes. Avaloq was acquired by NEC in October 2020.