About AvePoint
AvePoint is a company based in Jersey City (United States) founded in 2001.. AvePoint has raised $90 million across 3 funding rounds from investors including Goldman Sachs, Sixth Street and Summit Partners. The company has 2,930 employees as of December 31, 2024. AvePoint has completed 4 acquisitions, including Combined Knowledge, Essential and Ydentic. AvePoint offers products and services including Confidence Platform, Modernization Suite, and Resilience Suite. AvePoint operates in a competitive market with competitors including Acronis, Veeam, Rubrik, VMware and Datadog, among others.
- Headquarter Jersey City, United States
- Employees 2930 as on 31 Dec, 2024
- Stage Public
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Sectors
Technology
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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 Avepoint, Inc.
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Annual Revenue
$330.48 M21.58as on Dec 31, 2024
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Net Profit
$-29.09 M-33.9as on Dec 31, 2024
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EBITDA
$12.55 M221.14as on Dec 31, 2024
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Total Equity Funding
$90 M (USD)
in 3 rounds
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Latest Funding Round
$200 M (USD), Post-IPO
Dec 26, 2019
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Investors
Goldman Sachs
& 2 more
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Employee Count
2930
as on Dec 31, 2024
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Investments & Acquisitions
Combined Knowledge
& 3 more
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IPO & Listings of AvePoint
AvePoint is a publicly listed company on the NASDAQ with ticker symbol AVPT in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of AvePoint
AvePoint offers a comprehensive portfolio of products and services, including Confidence Platform, Modernization Suite, and Resilience Suite. 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.
Platform for optimizing and securing digital workplaces
Tools for transforming data and business processes
Ensures business continuity and data protection
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Leadership Team
51 people
Software Development Team
45 people
Sales and Marketing
45 people
Senior Team
23 people
Product Management Team
11 people
Human Resources and Administration
10 people
Legal and Compliance
9 people
Project Team
7 people
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Funding Insights of AvePoint
AvePoint has successfully raised a total of $90M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $200 million completed in December 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $200.0M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Post-IPO - AvePoint | Valuation |
investors |
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| Apr, 2014 | Amount | Series B - AvePoint | Valuation |
investors |
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| Nov, 2006 | Amount | Series A - AvePoint | Valuation | Summit Partners |
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| 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 AvePoint
AvePoint has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Goldman Sachs, Sixth Street and Summit 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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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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Private equity and debt investments are managed across multiple sectors.
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Founded Year | Domain | Location | |
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Summit Partners is recognized as a growth equity investment firm.
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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 AvePoint
AvePoint has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Combined Knowledge, Essential and Ydentic. 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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Cloud, software development, and data management services are provided.
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2018 | ||||
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Provider of business management software
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2016 | ||||
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Cloud-based software for enterprise data management is provided.
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2014 |
| 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 - AvePoint
| 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 |
Avepoint Comparisons
Competitors of AvePoint
AvePoint 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 Acronis, Veeam, Rubrik, VMware and Datadog, 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 |
Cloud-based enterprise management solutions including backup and recovery are provided.
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| domain | founded_year | HQ Location |
IT backup and recovery solutions are provided via cloud platform.
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| domain | founded_year | HQ Location |
Converged data management solutions are provided for backup and recovery.
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| domain | founded_year | HQ Location |
Cloud orchestration solutions are provided for multi-cloud and device applications.
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| domain | founded_year | HQ Location |
Cloud and application performance management platform is provided.
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| domain | founded_year | HQ Location |
Cloud and AI based enterprise data backup and management solutions
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| 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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Latest news on Avepoint
Frequently Asked Questions about AvePoint
When was AvePoint founded?
AvePoint was founded in 2001 and raised its 1st funding round 5 years after it was founded.
Where is AvePoint located?
AvePoint is headquartered in Jersey City, United States. It is registered at Jersey City, New Jersey, United States.
Is AvePoint a funded company?
AvePoint is a funded company, having raised a total of $90M across 3 funding rounds to date.
How many employees does AvePoint have?
As of Dec 31, 2024, the latest employee count at AvePoint is 2,930.
What is the annual revenue of AvePoint?
Annual revenue of AvePoint is $330.48M as on Dec 31, 2024.
What does AvePoint do?
AvePoint was founded in 2001 and is headquartered in Jersey City, United States. The company operates in the software sector, providing cloud-based solutions for data backup, recovery, and management. Services include big data governance, compliance tools for social collaboration platforms, migration of legacy content from older systems, and cloud management options. These offerings support enterprise-level operations across various industries.
Who are the top competitors of AvePoint?
What products or services does AvePoint offer?
AvePoint offers Confidence Platform, Modernization Suite, and Resilience Suite.
Is AvePoint publicly traded?
Yes, AvePoint is publicly traded on NASDAQ under the ticker symbol AVPT.
How many acquisitions has AvePoint made?
AvePoint has made 4 acquisitions, including Combined Knowledge, Essential, and Ydentic.
Who are AvePoint's investors?
AvePoint has 3 investors. Key investors include Goldman Sachs, Sixth Street, and Summit Partners.
What is AvePoint's ticker symbol?
The ticker symbol of AvePoint is AVPT on NASDAQ.
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