About Avantel
Avantel is a company based in Bogota (Colombia) founded in 1996 was acquired by Novator Partners in July 2020. Avantel has raised $15 million across 1 funding round from investors including International Finance Corporation, CAF and Appaloosa Management. Avantel offers products and services including Potatoes and Grain Marketing.
- Headquarter Bogota, Colombia
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Sectors
Telecommunications
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Email
Locked
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Phone
Locked
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Website
Locked
- Legal Name Maine Potato Growers, Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$15 M (USD)
in 1 rounds
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Latest Funding Round
$15 M (USD), Series B
Nov 13, 2013
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Investors
International Finance Corporation
& 4 more
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Employee Count
Not available
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Acquired by
Novator Partners
(Jul 08, 2020)
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Products & Services of Avantel
Avantel offers a comprehensive portfolio of products and services, including Potatoes and Grain Marketing.
Potatoes are farmed and sold for food and industrial purposes
Grains are promoted and distributed from farms to various buyers
Funding Insights of Avantel
Avantel has successfully raised a total of $15M through 1 strategic funding round. The most recent funding activity was a Series B round of $15 million completed in November 2013. 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.
Investors in Avantel
Avantel has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include International Finance Corporation, CAF and Appaloosa Management.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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IFC is focused on private sector development in emerging markets.
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Locked | Locked | Locked | |
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Early stage VC firm investing in the US
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Locked | Locked | Locked | |
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Private equity investments in Europe are managed by Novator Partners.
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Locked | Locked | Locked |
Investor details for Avantel
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Investments & Acquisitions by Avantel
Investment portfolio details for Avantel
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Financial Statements - Avantel
Detailed financials for Avantel
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Avantel Comparisons
Peer comparison for Avantel
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Competitors of Avantel
Detailed competitors of Avantel
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Latest news on Avantel
Complete news archive for Avantel
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Frequently Asked Questions about Avantel
Avantel was founded in 1996 and raised its 1st funding round 17 years after it was founded.
Avantel is headquartered in Bogota, Colombia. It is registered at Bogota, Bogota, Colombia.
Avantel is a funded company, having raised a total of $15M across 1 funding round to date.
Avantel was established in 1996 and is headquartered in Bogota, Colombia. Operations within the telecommunications sector are centered on cellular network services. Connectivity solutions for mobile communications are delivered across the country. The domain avantel.com.co supports online presence for these activities. Focus remains on infrastructure and service provision in the regional market.
Avantel offers Potatoes and Grain Marketing.
Avantel has 5 investors. Key investors include International Finance Corporation, CAF, Appaloosa Management, Discovery Capital, and Novator Partners.