About Avast
Avast is a company based in Prague (Czechia) founded in 1988 was acquired by NortonLifeLock in August 2021.. Avast has raised $100 million across 4 funding rounds from investors including CVC, European Union and NortonLifeLock. Avast has completed 6 acquisitions, including AVG Technologies, Evernym and Inmite s.r.o.. Avast operates in a competitive market with competitors including AVG Technologies, McAfee, Malwarebytes, Kaspersky and Quick Heal, among others.
- Headquarter Prague, Czechia
- Stage Public
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$100 M (USD)
in 4 rounds
-
Latest Funding Round
$1.03 M (USD), Grant
Apr 01, 2023
-
Investors
CVC
& 3 more
-
Employee Count
Employee Count
-
Investments & Acquisitions
AVG Technologies
& 5 more
-
Acquired by
NortonLifeLock
(Aug 10, 2021)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
Software Development Team
15 people
Leadership Team
14 people
Finance and Accounting
8 people
Senior Team
7 people
Sales and Marketing
6 people
Legal and Compliance
4 people
Human Resources and Administration
4 people
Strategic Team
4 people
Unlock access to complete
Funding Insights of Avast
Avast has successfully raised a total of $100M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $1.03 million completed in April 2023. 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 Total Funding
- Total Rounds 4
- Last Round Grant — $1.0M
-
First Round
First Round
(23 Aug 2010)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Grant - Avast | Valuation |
investors |
|
| May, 2021 | Amount | Grant - Avast | Valuation |
investors |
|
| Feb, 2014 | Amount | Private Equity Round - Avast | Valuation | CVC |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Avast
Avast has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include CVC, European Union and NortonLifeLock. 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 |
|---|---|---|---|---|
|
Mezzanine financing and equity investments are provided by CVC.
|
Founded Year | Domain | Location | |
|
Summit Partners is recognized as a growth equity investment firm.
|
Founded Year | Domain | Location | |
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Avast
Avast has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include AVG Technologies, Evernym and Inmite s.r.o.. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
A ledger-based platform for digital identity management is provided.
|
2013 | ||||
|
Mobile application development services
|
2008 | ||||
|
Cloud-based identity verification and authentication services are provided.
|
2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Avast
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Avast Comparisons
Competitors of Avast
Avast 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 AVG Technologies, McAfee, Malwarebytes, Kaspersky and Quick Heal, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Anti-virus solutions are provided for endpoint devices globally.
|
|
| domain | founded_year | HQ Location |
Antivirus suites and cybersecurity services are provided globally.
|
|
| domain | founded_year | HQ Location |
Cloud-based anti-malware solutions are offered for enterprise protection.
|
|
| domain | founded_year | HQ Location |
Cybersecurity software and threat protection services are provided by Kaspersky.
|
|
| domain | founded_year | HQ Location |
Endpoint security is delivered via cloud-based antivirus software.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Avast
Frequently Asked Questions about Avast
When was Avast founded?
Avast was founded in 1988 and raised its 1st funding round 22 years after it was founded.
Where is Avast located?
Avast is headquartered in Prague, Czechia.
Is Avast a funded company?
Avast is a funded company, having raised a total of $100M across 4 funding rounds to date.
What does Avast do?
Founded in 1988 in Prague, Czech Republic, Avast operates in the cybersecurity sector. Cloud-based antivirus and anti-malware software is offered across Windows, Android, and iOS platforms. Services include password protection for photos and applications, VPN access to geo-restricted content, device tracking, app permission monitoring, and detection of malicious apps. Protection against malware-infected links and WiFi network security verification are also provided.
Who are the top competitors of Avast?
Avast's top competitors include AVG Technologies, Malwarebytes and McAfee.
How many acquisitions has Avast made?
Avast has made 6 acquisitions, including AVG Technologies, Evernym, and Inmite s.r.o..
Who are Avast's investors?
Avast has 4 investors. Key investors include CVC, European Union, NortonLifeLock, and Summit Partners.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.