About Avalution
Avalution is a company based in Kaiserslautern (Germany) founded in 2018 was acquired by Humanetics in March 2021. It operates as a Professional Services, and Data-as-a-Service. Avalution offers products and services including 3D Bodyscanner, Body Data Solutions, Avatars & Busts, and Ergonomics Consulting. Avalution operates in a competitive market with competitors including Genies, Loom.ai, ObEN, BodiData and Didimo, among others.
- Headquarter Kaiserslautern, Germany
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Sectors
Media & EntertainmentTechnology
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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 Humanetics Digital Europe Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Humanetics
(Mar 02, 2021)
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Products & Services of Avalution
Avalution offers a comprehensive portfolio of products and services, including 3D Bodyscanner, Body Data Solutions, Avatars & Busts, and Ergonomics Consulting. 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.
3D scanning technology is used for body measurements.
Body measurement data is provided for product development.
Digital models are created for fashion fit testing.
Ergonomic solutions are tailored for product functionality.
Funding Insights of Avalution
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Avalution
Avalution has secured backing from 1 investor. Prominent investors backing the company include Humanetics. 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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Aerospace engineering services are provided by Humanetics since 1952.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Avalution
| 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 |
Financial Statements - Avalution
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Avalution Comparisons
Competitors of Avalution
Avalution 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 Genies, Loom.ai, ObEN, BodiData and Didimo, 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 |
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Mobile app and SDK for 3D avatar creation are provided.
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Platform to create avatars for applications in AR, VR, gaming, and messaging
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Photo-real 3D virtual avatar using AI
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Manufacturer of 3D body scanners
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AI software is developed to generate real-time digital human doubles.
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AI-based platform for human avatar generation is developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Avalution
Frequently Asked Questions about Avalution
When was Avalution founded?
Avalution was founded in 2018.
Where is Avalution located?
Avalution is headquartered in Kaiserslautern, Germany. It is registered at Kaiserslautern, Rheinland-pfalz, Germany.
What does Avalution do?
Avalution, operating as Humanetics Digital Europe GmbH, is focused on delivering innovative body scanning and data solutions for the fashion and apparel industry. Services are offered to enhance product fit and functionality through 3D bodyscanners, extensive body measurement databases, and digital avatars. Ergonomic consulting is provided to optimize product design for target audiences. The company serves global markets, with a particular emphasis on growth regions like China, ensuring precise and tailored solutions for clothing manufacturers and designers.
Who are the top competitors of Avalution?
What products or services does Avalution offer?
Avalution offers 3D Bodyscanner, Body Data Solutions, Avatars & Busts, and Ergonomics Consulting.
Who are Avalution's investors?
Avalution has 1 investor. Key investors include Humanetics.
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