About Avenica
Avenica is a company based in Minneapolis (United States) founded in 1998 was acquired by Achieve Partners in July 2017.. The company has 23 employees as of December 31, 2021. Avenica has completed 1 acquisition, including Arch Advisory Group. Avenica operates in a competitive market with competitors including Kelly Services, Cielo, Vaco, DISYS and Robert Half, among others.
- Headquarter Minneapolis, United States
- Employees 23 as on 31 Dec, 2021
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Sectors
Business Services
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Gradstaff
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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
23
as on Dec 31, 2021
- Investments & Acquisitions
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Acquired by
Achieve Partners
(Jul 19, 2017)
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Funding Insights of Avenica
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Avenica
Avenica has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Achieve 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.
| Investor | Description | Founded Year | Domain | Location |
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Professional education courses are delivered by Achieve Partners.
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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 Avenica
Avenica has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Arch Advisory Group. 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 |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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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Executive search services for various industries are provided through headhunting.
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2019 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Avenica
| 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 |
Avenica Comparisons
Competitors of Avenica
Avenica 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 Kelly Services, Cielo, Vaco, DISYS and Robert Half, 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 |
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| domain | founded_year | HQ Location |
Outsourced human resources services are provided globally by Kelly Services.
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| domain | founded_year | HQ Location |
HR consulting services in talent acquisition and management are offered.
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| domain | founded_year | HQ Location |
Recruitment and consulting services are provided by Vaco.
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| domain | founded_year | HQ Location |
IT staffing, consulting, and related services are provided.
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| domain | founded_year | HQ Location |
Staffing and recruitment agency
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| domain | founded_year | HQ Location |
Recruitment, staff augmentation, and IT services are provided globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Avenica
Frequently Asked Questions about Avenica
When was Avenica founded?
Avenica was founded in 1998.
Where is Avenica located?
Avenica is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Who is the current CEO of Avenica?
Brian Weed is the current CEO of Avenica.
How many employees does Avenica have?
As of Dec 31, 2021, the latest employee count at Avenica is 23.
What does Avenica do?
Avenica was founded in 1998 and is headquartered in Minneapolis, United States. Operations focus on the recruitment sector, where entry-level hiring services are delivered to corporate clients. The agency connects recent graduates with professional opportunities, emphasizing talent sourcing and placement processes. Services are tailored to support early-career workforce needs across various industries, with activities centered in the U.S. market.
Who are the top competitors of Avenica?
Avenica's top competitors include Cielo, Kelly Services and Vaco.
How many acquisitions has Avenica made?
Avenica has made 1 acquisition, including Arch Advisory Group.
Who are Avenica's investors?
Avenica has 1 investor. Key investors include Achieve Partners.
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