About Aveta
Aveta is a Healthcare company based in Palo Alto (United States) founded in 2021. Healthcare innovation is accelerated through AI agents by Aveta. It operates on a AI-as-a-Service and HealthTech model. Its Indian entity Aveta Ai Software Private Limited reported revenue of ₹1.44 Cr. Aveta offers products and services including AI Agents for Healthcare and Revenue Cycle Management (RCM). Its focus areas include Technology, HealthTech and Healthcare IT Solutions. Its competitors include Nitra and Payor Logic; 1 of its 2 listed competitors has raised funding.
Company details
Healthcare operations are enhanced by Aveta through AI agents. These solutions are designed for hospitals, clinics, behavioral health centers, and multi-specialty practices. Workflow efficiency is improved, administrative costs are reduced, and patient care is prioritized by automating repetitive tasks. Revenue Cycle Management (RCM) is optimized with AI to minimize billing errors, reduce claim denials, and improve reimbursements. Integration with insurance providers like Medicare is supported for eligibility checks and claims processing. Digital transformation is facilitated by digitizing paper forms and eliminating operational silos in the healthcare sector.
- Headquarters Palo Alto, United States
- Employees 7
- SectorsHealthcare
- Website aveta.ai
- Social LinkedIn
- Legal Name Aveta Ai Software Private Limited
- Date of Incorporation 23 Nov, 2022
- Jurisdiction Thiruvananthapuram, Kerala, India
- Indian entity revenue₹1.44 Cr
FY 2025 · -22% YoY
- Indian entity net loss-₹2.9 Lakh
FY 2025 · -2% margin
- Indian entity EBITDA-₹2.8 Lakh
FY 2025 · -2% margin
- Employee Count7
Associated legal entities of Aveta
Aveta operates through Aveta Ai Software Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aveta Ai Software Private Limited CIN U72200KL2022PTC078988 | Active | 23 Nov 2022 | Thiruvananthapuram, Kerala | ₹1.4 Cr | 7 | 2 | View details |
Products & Services of Aveta
Aveta offers a comprehensive portfolio of products and services, including AI Agents for Healthcare and Revenue Cycle Management (RCM).
AI agents are used to streamline healthcare operations.
RCM solutions are provided to optimize billing processes.
Board of directors of Aveta Ai Software Private Limited (Aveta)
Aveta Ai Software Private Limited is the primary company behind Aveta. The board of Aveta Ai Software Private Limited currently have 2 directors; the longest-serving is Krishnakumar Kunnakadu Narayana Panicker, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Krishnakumar Kunnakadu Narayana Panicker DIN 09800390 | Director | 23 Nov 2022 | 3 yrs 11 mo | Aveta Ai Software Private Limited |
| Jayan Chirayil Chacko DIN 06503211 | Director | 23 Nov 2022 | 3 yrs 11 mo | Aveta Ai Software Private Limited |
Financials of Aveta
Figures of Aveta Ai Software Private Limited, the primary company behind Aveta, for FY 2025. Revenue was ₹1.44 Cr (-22% year on year). Net loss was -₹2.9 Lakh (-2% margin). EBITDA was -₹2.8 Lakh (-2% margin).
- ₹1.44 CrRevenue · FY 2025 · -22% YoY
- -₹2.9 LakhNet loss · -2% margin
- -₹2.8 LakhEBITDA · -2% margin
- ₹1 LakhPaid-up capital
- 7Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Aveta Ai Software Private Limited are on its company page.
Detailed financial statements for Aveta
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Aveta
Aveta has 2 listed competitors in our database, 1 of them funded. They include Nitra and Payor Logic.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nitra.com | 2021 | New York, United States | $62M | Financial software is provided to patients and healthcare professionals. | ||
| payorlogic.com | 2003 | Centerville, United States | Accounts receivable software solutions are provided for healthcare organizations. |
Detailed competitors of Aveta
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Digital Health & Telemedicine
3 companies that operate in the same segment as Aveta (Digital Health & Telemedicine) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
An application is provided for comparing prescription drug prices nationwide. | 2011 | Santa Monica, California, United States | USD 22.21 M | USD 796.85 M | 1,063 | |
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Alto Pharmacy is focused on providing convenient prescription delivery services. | 2015 | San Francisco, California, United States | USD 591.64 M | 802 |
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Frequently Asked Questions about Aveta
Aveta was founded in 2021.
Aveta is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Aveta has 7 employees.
The primary company behind Aveta, Aveta Ai Software Private Limited, reported revenue of ₹1.44 Cr for FY 2025, down 22% year on year.
Healthcare operations are enhanced by Aveta through AI agents. These solutions are designed for hospitals, clinics, behavioral health centers, and multi-specialty practices. Workflow efficiency is improved, administrative costs are reduced, and patient care is prioritized by automating repetitive tasks. Revenue Cycle Management (RCM) is optimized with AI to minimize billing errors, reduce claim denials, and improve reimbursements. Integration with insurance providers like Medicare is supported for eligibility checks and claims processing. Digital transformation is facilitated by digitizing paper forms and eliminating operational silos in the healthcare sector.
Aveta's top competitors include Nitra and Payor Logic.
Aveta offers AI Agents for Healthcare and Revenue Cycle Management (RCM).
Aveta operates through Aveta Ai Software Private Limited.
The legal entities of Aveta currently have 2 directors, including Krishnakumar Kunnakadu Narayana Panicker, Jayan Chirayil Chacko.