About Avero
Avero is a company based in New York (United States) founded in 1999 by Damian Mogavero. It operates as a B2B. The company has 32 employees as of December 31, 2021. Avero has completed 1 acquisition, including VinTank. Avero operates in a competitive market with competitors including DTiQ, Tenzo, Expo, Objective Logistics and Brizo Data, among others.
- Headquarter New York, United States
- Employees 32 as on 31 Dec, 2021
- Founders Damian Mogavero
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Avero, Llc
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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
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Employee Count
32
as on Dec 31, 2021
- Investments & Acquisitions
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Funding Insights of Avero
| 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 |
Investments & Acquisitions by Avero
Avero has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include VinTank. 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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Social media conversations in wine industry are monitored and analyzed.
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2008 |
| 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 - Avero
| 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 |
Avero Comparisons
Competitors of Avero
Avero 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 DTiQ, Tenzo, Expo, Objective Logistics and Brizo 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 |
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Provider of digital business training solutions and software
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| domain | founded_year | HQ Location |
SaaS platform for restaurant management and sales forecasting is utilized.
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| domain | founded_year | HQ Location |
Analytics solutions for restaurant ratings, reviews, and performance are provided.
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| domain | founded_year | HQ Location |
Software suites for restaurant scheduling and POS data are provided.
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| domain | founded_year | HQ Location |
Cloud-based predictive analytics are delivered to restaurants for customer insights.
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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 Avero
Frequently Asked Questions about Avero
When was Avero founded?
Avero was founded in 1999.
Where is Avero located?
Avero is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Avero?
Damian Mogavero is the current CEO of Avero. They have also founded this company.
How many employees does Avero have?
As of Dec 31, 2021, the latest employee count at Avero is 32.
What does Avero do?
Avero, founded in 1999 in New York, United States, focuses on leveraging cutting-edge technology, offering BI tools, hospitality software, and restaurant management. Business intelligence platform tailored for restaurants. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of Avero?
Avero's top competitors include DTiQ, Black Box Intelligence and Brizo Data.
How many acquisitions has Avero made?
Avero has made 1 acquisition, including VinTank.
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