About Averna
Averna is a company based in Montreal (Canada) founded in 1999.. Averna has completed 4 acquisitions, including ELCOM, Geservs and Nexjen Systems. Averna offers products and services including Automated Test Solutions, Smart Data Management, and RF Signal Testers. Averna operates in a competitive market with competitors including Sastra Robotics, Eddytec, EASYTeste and Exsensio, among others.
- Headquarter Montreal, Canada
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Sectors
Industrial Goods & Manufacturing
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
European Union
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Employee Count
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Investments & Acquisitions
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Products & Services of Averna
Averna offers a comprehensive portfolio of products and services, including Automated Test Solutions, Smart Data Management, and RF Signal Testers. 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.
Delivers automated systems for quality assurance in manufacturing processes.
Manages digital data for efficient factory operations and monitoring.
Provides tools for RF testing in communication and electronics sectors.
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Funding Insights of Averna
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2021 | Amount | Series A - Averna | Valuation | Walter Capital Partners , Invest Quebec |
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| Jan, 2017 | Amount | Grant - Averna | Valuation |
investors |
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| Apr, 2015 | Amount | Private Equity Round - Averna | Valuation |
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| 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 Averna
Averna has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, Walter Capital Partners and Invest Quebec. 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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Private equity firm backed by Walter Group
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A private equity fund based in Montreal, Canada, is operated.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Averna
Averna has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include ELCOM, Geservs and Nexjen Systems. 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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High-tech equipment design, contract manufacturing, and related services are provided.
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2006 | ||||
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Provider of industrial control, measurement, and monitoring systems
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System maintenance, consulting, and support services for manufacturing are provided.
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2002 |
| 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 - Averna
| 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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Averna Comparisons
Competitors of Averna
Averna 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 Sastra Robotics, Eddytec, EASYTeste and Exsensio, 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 |
Manufacturer of consumer and industrial use robots
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Defects in carbon fiber composites are detected via specialized platforms.
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A technology platform connecting companies and laboratories to foster product development opportunities.
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| domain | founded_year | HQ Location |
Offers software solutions for testing robotic hardware.
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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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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 Averna
Frequently Asked Questions about Averna
When was Averna founded?
Averna was founded in 1999 and raised its 1st funding round 16 years after it was founded.
Where is Averna located?
Averna is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
What does Averna do?
Averna was founded in 1999 in Montreal, Canada, as a provider of test and quality solutions for communications and electronics devices. Products such as protocol analyzers, verification systems, and manufacturing test systems for broadband connections are offered, along with RF solution testing equipment. Services include custom hardware and software development, FPGA design, test automation, robotics, automated test equipment, vision inspection, training, and global support in the electronics sector.
Who are the top competitors of Averna?
Averna's top competitors include Sastra Robotics, Eddytec and EASYTeste.
What products or services does Averna offer?
Averna offers Automated Test Solutions, Smart Data Management, and RF Signal Testers.
How many acquisitions has Averna made?
Averna has made 4 acquisitions, including ELCOM, Geservs, and Nexjen Systems.
Who are Averna's investors?
Averna has 5 investors. Key investors include European Union, Walter Capital Partners, Invest Quebec, W Investments, and Tandem Expansion Fund.