About Avendra
Avendra is a company based in Rockville (United States) founded in 2000 was acquired by Aramark in December 2017.. The company has 184 employees as of December 31, 2022. Avendra has completed 2 acquisitions, including BuyEfficient and QUANTUM CCS.
- Headquarter Rockville, United States
- Employees 184 as on 31 Dec, 2022
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Phone
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Website
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Social
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- Legal Name Avendra International, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
184
as on Dec 31, 2022
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Investments & Acquisitions
BuyEfficient
& 1 more
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Acquired by
Aramark
(Dec 11, 2017)
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Funding Insights of Avendra
| 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 |
Investors in Avendra
Avendra has secured backing from 1 investor. Prominent investors backing the company include Aramark. 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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Aramark is engaged in food services and facilities management.
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Avendra
Avendra has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include BuyEfficient and QUANTUM CCS. 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 | ||||
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Supply chain management services are provided for operational efficiency.
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2000 | ||||
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Consulting and procurement services are provided for hospitality cost management.
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Avendra
| 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 |
Avendra Comparisons
Competitors of Avendra
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Avendra
When was Avendra founded?
Avendra was founded in 2000.
Where is Avendra located?
Avendra is headquartered in Rockville, United States. It is registered at Rockville, Maryland, United States.
How many employees does Avendra have?
As of Dec 31, 2022, the latest employee count at Avendra is 184.
What does Avendra do?
Avendra was founded in 2000 and is headquartered in Rockville, United States. Procurement solutions are offered to operators in the hospitality and food service industries. Services encompass supply chain management, price analytics, technology platforms, compliance assistance, and support for culinary menus as well as furniture, fixtures, and equipment. Operations focus on cost reduction, profitability improvement, and operational efficiency across the sector.
How many acquisitions has Avendra made?
Avendra has made 2 acquisitions, including BuyEfficient, and QUANTUM CCS.
Who are Avendra's investors?
Avendra has 1 investor. Key investors include Aramark.
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