About Avantica
Avantica is a company based in Mountain View (United States) founded in 1993 by Mario Chaves was acquired by Encora in December 2019.. Avantica operates in a competitive market with competitors including UST, Breed Reply, Globant, NTT DATA and Accenture, among others.
- Headquarter Mountain View, United States
- Founders Mario Chaves
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Sectors
Technology
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Phone
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Website
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Social
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Funding Insights of Avantica
| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Avantica
Avantica has secured backing from 1 investor. Prominent investors backing the company include Encora. 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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Management consulting services are provided globally by Encora.
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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 Avantica
| 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 - Avantica
| 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 |
Avantica Comparisons
Competitors of Avantica
Avantica 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, Breed Reply, Globant, NTT DATA and Accenture, 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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| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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AI, cloud, and blockchain services are provided globally.
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IT and digital transformation services are delivered to various industries.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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IT and management consultancy services are provided globally.
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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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 Avantica
Frequently Asked Questions about Avantica
When was Avantica founded?
Avantica was founded in 1993.
Where is Avantica located?
Avantica is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Who is the current CEO of Avantica?
Mario Chaves is the current CEO of Avantica. They have also founded this company.
What does Avantica do?
Avantica was founded in 1993 in Mountain View, United States, as a firm focused on technology and marketing sectors. IT services, including software development and consulting, are offered alongside digital marketing solutions such as SEO and content strategies. Operations are managed from the U.S. base, with services extended to international clients. Leadership is held by Co-Founder and CEO Mario Chaves, overseeing core activities in these domains.
Who are the top competitors of Avantica?
Who are Avantica's investors?
Avantica has 1 investor. Key investors include Encora.
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