AVASOFT

Blue Bell, United States Founded: 2009 • Age: 17 yrs
IT suite solutions and cybersecurity services are provided by AVASOFT.
Annual revenue $9.1M Latest available
Total funding $274,054 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About AVASOFT

AVASOFT is a company based in Blue Bell (United States) founded in 2009 by Radhakrishnan Rav. AVASOFT has raised $274.05 thousand across 1 funding round from investors including Prathiba Padmanabhan and Vivek Dhamodharan. AVASOFT offers products and services including AVAMIGRATRON and Microsoft Copilot Setup. AVASOFT operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.

  • Headquarter Blue Bell, United States
  • Founders Radhakrishnan Rav
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Ava Software Private Limited
  • Date of Incorporation 24 Mar, 2009
  • Jurisdiction Kancheepuram, Tamil Nadu, India
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $9.09 M (USD)
    267.31
    as on Mar 31, 2023
  • Net Profit
    $1.17 M (USD)
    352.82
    as on Mar 31, 2023
  • EBITDA
    $1.74 M (USD)
    271.6
    as on Mar 31, 2023
  • Total Equity Funding
    $274.05 K (USD)

    in 1 rounds

  • Latest Funding Round
    $274.05 K (USD), Angel Round

    Feb 06, 2021

  • Investors

    & 1 more

  • Employee Count
    Not available
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Products & Services of AVASOFT

AVASOFT offers a comprehensive portfolio of products and services, including AVAMIGRATRON and Microsoft Copilot Setup.

Product name locked
Category locked
Primary

Automates data migration to Microsoft platforms for seamless transitions.

Product name locked
Category locked
Locked

Facilitates AI adoption for productivity and efficiency in enterprises.

People of AVASOFT

Headcount 200-500
Employee Profiles 68
Board Members and Advisors 1
Employee Profiles
People
Sathish Balakrishnan
Business Development Executive
People
Sairam Srinivasan
CTO
People
Jerin Rex J
Migration Practice Head
People
Syed Amaan
Business Efficiency Artitect - Lead

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Board Members and Advisors
people
Radhakrishnan Rav
Executive Chairman

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Funding Insights of AVASOFT

AVASOFT has successfully raised a total of $274.05K through 1 strategic funding round. The most recent funding activity was a Angel Round of $274.05 thousand completed in February 2021. 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 AVASOFT

AVASOFT has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Prathiba Padmanabhan and Vivek Dhamodharan.

All
Angel
Investor Description Founded Year Domain Location

Prathiba Padmanabhan

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Locked Locked Locked

Vivek Dhamodharan

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Investor details for AVASOFT

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Investments & Acquisitions by AVASOFT

Investments
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Investment portfolio details for AVASOFT

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Financial Statements - AVASOFT

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Detailed financials for AVASOFT

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  • Profit trends
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Avasoft Comparisons

AVASOFT Primary company
Description
IT suite solutions and cybersecurity services are provided b...
Location
Blue Bell, United States
Founded Year
2009
Annual Revenue
$9.09 M (USD)
Net Profit
$1.17 M (USD)
EBITDA
$1.74 M (USD)
Employees
Not available
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Peer comparison for AVASOFT

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Competitors of AVASOFT

AVASOFT 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, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.

Company Name Domain Founded year HQ Location Description
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High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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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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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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Provider of end-to-end business process outsourcing services
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Detailed competitors of AVASOFT

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Latest news on Avasoft

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Complete news archive for AVASOFT

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Frequently Asked Questions about AVASOFT

AVASOFT was founded in 2009 and raised its 1st funding round 12 years after it was founded.

AVASOFT is headquartered in Blue Bell, United States. It is registered at Blue Bell, Pennsylvania, United States.

AVASOFT is a funded company, having raised a total of $274.05K across 1 funding round to date.

Annual revenue of AVASOFT is $9.09M as on Mar 31, 2023.

AVASOFT was established in 2009 in Blue Bell, United States, within the information technology sector. A range of IT suite solutions is offered, including artificial intelligence development, data analytics, managed IT services, cloud security, cybersecurity measures, identity and access management, and mobile application development. Licensing and security adoption for Microsoft solutions are supported, alongside guidance for security enhancements.

AVASOFT's top competitors include Happiest Minds, 1&1 IONOS and Genpact.

AVASOFT offers AVAMIGRATRON and Microsoft Copilot Setup.

AVASOFT has 2 investors. Key investors include Prathiba Padmanabhan, and Vivek Dhamodharan.

The valuation of AVASOFT is $563.03K as of Feb 2021.

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