Avedo

Leipzig, Germany Founded: 2004 • Age: 22 yrs Acquired By Ströer
Provider of BPO, customer support, and direct marketing services
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About Avedo

Avedo is a company based in Leipzig (Germany) founded in 2004 was acquired by Ströer in July 2017.. Avedo has completed 2 acquisitions, including DTMS and cca24. Avedo offers products and services including Call Center Services, Job Recruitment, and Team Leadership Training. Avedo operates in a competitive market with competitors including Firstsource, Concentrix, Publishers Clearing House, dotDigital Group and Superior Group of Companies, among others.

  • Headquarter Leipzig, Germany
  • Sectors
    Business Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Business Services → Business Process Outsourcing (BPO)
Business Services → Customer Experience & Marketing Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Ströer

    & 1 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    DTMS

    & 1 more

  • Acquired by
    Ströer

    & 1 more

    (Jul 10, 2017)

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Products & Services of Avedo

Avedo offers a comprehensive portfolio of products and services, including Call Center Services, Job Recruitment, and Team Leadership Training. 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.

Primary

Delivers inbound and outbound customer service for businesses

Provides recruitment and training for call center roles

Offers training programs for call center team leaders

People of Avedo
Headcount 1000-5000
Employee Profiles 7
Employee Profiles
People
Bujar Shala
Location Manager
People
Eleni Fountoukidou
Cross Border Project Manager
People
Konstantinos Tzavos
Project Manager
People
Nicole S. Hausser
Servicio De Atención Al Cliente

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Funding Insights of Avedo

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 Avedo

Avedo has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Ströer and SEAFORT Advisors. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity investments are made in European growth companies.
Founded Year Domain Location
Digital and outdoor advertising services are offered by Ströer.
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 Avedo

Avedo has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include DTMS and cca24. 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.

Investments
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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Service numbers and cloud-based value-added telecom services are offered.
1998
Media processors and system-on-chips are designed and manufactured by cca24.
0
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 - Avedo

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Avedo Comparisons

Employees
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Competitors of Avedo

Avedo 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 Firstsource, Concentrix, Publishers Clearing House, dotDigital Group and Superior Group of Companies, 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
Firstsource is recognized as a global business process management partner.
domain founded_year HQ Location
Customer engagement services are provided to enterprise clients globally.
domain founded_year HQ Location
Provides comprehensive direct marketing services.
domain founded_year HQ Location
Marketing service provider
domain founded_year HQ Location
Branding, promotional items, BPO, apparel, and consulting services are provided.
domain founded_year HQ Location
Transcom is engaged in providing customer experience solutions globally.
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 Avedo

Frequently Asked Questions about Avedo

When was Avedo founded?

Avedo was founded in 2004.

Where is Avedo located?

Avedo is headquartered in Leipzig, Germany. It is registered at Leipzig, Saxony, Germany.

What does Avedo do?

Avedo was established in 2004 in Leipzig, Germany, as a provider in the business process outsourcing sector. Operations focus on customer support and direct marketing services, delivered through efficient back-office solutions. The company serves clients primarily in the German market, with activities centered on streamlining administrative and promotional processes for various industries. Its domain, avedo.de, supports online accessibility for these services.

Who are the top competitors of Avedo?

Avedo's top competitors include Firstsource, dotDigital Group and Concentrix.

What products or services does Avedo offer?

Avedo offers Call Center Services, Job Recruitment, and Team Leadership Training.

How many acquisitions has Avedo made?

Avedo has made 2 acquisitions, including DTMS, and cca24.

Who are Avedo's investors?

Avedo has 2 investors. Key investors include Ströer, and SEAFORT Advisors.

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