About Avenida
Avenida is a company based in Copenhagen (Denmark) founded in 2003 was acquired by Ymor in September 2017. It operates as a Professional Services. The company has 8 employees as of March 31, 2024. Avenida offers products and services including IT Consulting, Nearshoring/Outsourcing, and Permanent Recruitment. Avenida operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
- Headquarter Copenhagen, Denmark
- Employees 8 as on 31 Mar, 2024
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Sectors
Technology
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Phone
*********
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Website
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Social
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- Legal Name Avenida Aps
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Products & Services of Avenida
Avenida offers a comprehensive portfolio of products and services, including IT Consulting, Nearshoring/Outsourcing, and Permanent Recruitment. 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.
IT specialists are provided for various technical projects.
Outsourcing solutions are offered for efficient IT operations.
Permanent IT staff recruitment is facilitated for clients.
Funding Insights of Avenida
| 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 |
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Investors in Avenida
Avenida has secured backing from 1 investor. Prominent investors backing the company include Ymor. 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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Services related to the analytics for operations of websites, networks, servers and virtual desktops
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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 Avenida
| 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 |
Financial Statements - Avenida
| 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 |
Avenida Comparisons
Competitors of Avenida
Avenida 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 UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, 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 |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
Multi-access edge networking computing platform is provided for mobile services.
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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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Frequently Asked Questions about Avenida
When was Avenida founded?
Avenida was founded in 2003.
Where is Avenida located?
Avenida is headquartered in Copenhagen, Denmark.
How many employees does Avenida have?
As of Mar 31, 2024, the latest employee count at Avenida is 8.
What does Avenida do?
IT consulting and recruitment services are delivered by Avenida to clients across multiple sectors. Specialized IT professionals are sourced, retained, and developed to match client needs. Solutions include nearshoring, outsourcing, and permanent recruitment for technical roles. Focus is placed on aligning skills and cultural fit within client organizations. Projects span system development, cybersecurity, and AI implementation for major Danish companies in energy and media sectors.
Who are the top competitors of Avenida?
Avenida's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
What products or services does Avenida offer?
Avenida offers IT Consulting, Nearshoring/Outsourcing, and Permanent Recruitment.
Who are Avenida's investors?
Avenida has 1 investor. Key investors include Ymor.