avedos GRC

Vienna, Austria Founded: 2005 • Age: 21 yrs Acquired By GBTEC
Integrated GRC management software is provided by avedos GRC.
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About avedos GRC

avedos GRC is a company based in Vienna (Austria) founded in 2005 was acquired by GBTEC in May 2020.. avedos GRC offers products and services including BIC Process Design, BIC EAM, BIC Process Execution, BIC Process Mining, and BIC GRC. avedos GRC operates in a competitive market with competitors including Palantir, NAVEX Global, AuditBoard, Mitratech and ProcessUnity, among others.

  • Headquarter Vienna, Austria
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Legal Name Gbtec Software Ag
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    GBTEC

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    GBTEC

    (May 11, 2020)

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Products & Services of avedos GRC

avedos GRC offers a comprehensive portfolio of products and services, including BIC Process Design, BIC EAM, BIC Process Execution, BIC Process Mining, and BIC GRC. 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

Tool for AI-powered process design and analysis.

Platform for enterprise architecture and IT management.

System for workflow automation and orchestration.

Tool for process discovery and optimization.

Platform for risk and compliance management.

Funding Insights of avedos GRC

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2017 Amount Series A - avedos GRC Valuation

investors

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 avedos GRC

avedos GRC has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include GBTEC and Jadeberg Partners. 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
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Cloud-based business process management software
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 avedos GRC

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

Financial Statements - avedos GRC

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

Avedos Grc Comparisons

Employees
+
Add Comparison
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Competitors of avedos GRC

avedos GRC 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 Palantir, NAVEX Global, AuditBoard, Mitratech and ProcessUnity, 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
Platform that provides data analysis and management solutions
domain founded_year HQ Location
Cloud-based ethics and compliance software is provided for risk management.
domain founded_year HQ Location
Cloud-based GRC and audit management solutions are provided.
domain founded_year HQ Location
Provider of solutions for third party risk management to banks
domain founded_year HQ Location
Vendor risk management solutions for businesses & financial institutions
domain founded_year HQ Location
Cloud and AI-based compliance management software is provided.
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 Avedos Grc

Main Capital-backed GBTec buys Avedos
Unquote5 years ago

Frequently Asked Questions about avedos GRC

When was avedos GRC founded?

avedos GRC was founded in 2005 and raised its 1st funding round 12 years after it was founded.

Where is avedos GRC located?

avedos GRC is headquartered in Vienna, Austria.

Who is the current CEO of avedos GRC?

Gregor Greinke is the current CEO of avedos GRC.

What does avedos GRC do?

Avedos GRC was founded in 2005 in Vienna, Austria, where governance, risk, and compliance software is developed and offered. The risk2value platform, a flexible scorecard-based system, is designed to aid executive decision-making across industries. Modular components are utilized to enable customized GRC frameworks that address national and international compliance needs. Clients served include entities such as Helsana, Metro, Volkswagen, e-plus, T-systems, and Unify.

Who are the top competitors of avedos GRC?

avedos GRC's top competitors include Palantir, AuditBoard and NAVEX Global.

What products or services does avedos GRC offer?

avedos GRC offers BIC Process Design, BIC EAM, BIC Process Execution, BIC Process Mining, and BIC GRC.

Who are avedos GRC's investors?

avedos GRC has 2 investors. Key investors include GBTEC, and Jadeberg Partners.

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