About Avid Ratings
Avid Ratings is a company based in Madison (United States) founded in 1992 was acquired by ECi Solutions in November 2024. Avid Ratings has raised $6 million across 1 funding round from investors including ECi Solutions, Beringea and 4490 Ventures. The company has 38 employees as of December 31, 2022. Avid Ratings has completed 1 acquisition, including H2insight. Avid Ratings offers products and services including AvidCX, AvidWarranty, and HomeKeep. Avid Ratings operates in a competitive market with competitors including Procore, Nemetschek Group, JobNimbus, Hover and Viewpoint, among others.
- Headquarter Madison, United States
- Employees 38 as on 31 Dec, 2022
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Sectors
TechnologyReal Estate & Construction
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$6 M (USD)
in 1 rounds
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Latest Funding Round
$6 M (USD), Series A
Sep 04, 2018
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Investors
ECi Solutions
& 3 more
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Employee Count
38
as on Dec 31, 2022
- Investments & Acquisitions
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Acquired by
ECi Solutions
(Nov 07, 2024)
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Products & Services of Avid Ratings
Avid Ratings offers a comprehensive portfolio of products and services, including AvidCX, AvidWarranty, and HomeKeep.
Platform for measuring and improving customer experience in homebuilding.
AI-powered tool for efficient home warranty management and claims.
Platform for home maintenance and post-move-in support for builders.
People of Avid Ratings
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Funding Insights of Avid Ratings
Avid Ratings has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Series A round of $6 million completed in September 2018. 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.
Investors in Avid Ratings
Avid Ratings has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include ECi Solutions, Beringea and 4490 Ventures.
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Investments are made in growth-stage startups by Beringea.
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Research innovations are supported and commercialized by WARF.
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Investor details for Avid Ratings
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Investments & Acquisitions by Avid Ratings
Avid Ratings has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include H2insight.
Investment portfolio details for Avid Ratings
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of customer experience management solutions including surveys and loyalty programs
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Complete acquisition details for Avid Ratings
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Financial Statements - Avid Ratings
Detailed financials for Avid Ratings
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Avid Ratings Comparisons
Peer comparison for Avid Ratings
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Competitors of Avid Ratings
Avid Ratings 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 Procore, Nemetschek Group, JobNimbus, Hover and Viewpoint, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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SaaS project management software is provided for construction professionals.
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Provider of management solutions for the construction sector
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Cloud-based CRM and project management software for contractors is provided.
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Hover is recognized for providing construction and renovation software solutions.
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SaaS-based project management solutions are delivered for construction.
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CRM software is provided for construction professionals.
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Detailed competitors of Avid Ratings
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Latest news on Avid Ratings
Complete news archive for Avid Ratings
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Frequently Asked Questions about Avid Ratings
Avid Ratings was founded in 1992 and raised its 1st funding round 26 years after it was founded.
Avid Ratings is headquartered in Madison, United States. It is registered at Madison, Wisconsin, United States.
Aaron Averson is the current CEO of Avid Ratings.
Avid Ratings is a funded company, having raised a total of $6M across 1 funding round to date.
As of Dec 31, 2022, the latest employee count at Avid Ratings is 38.
Avid Ratings was founded in 1992 in Madison, United States, within the real estate sector. Building rating services are offered, including surveys of residential properties, data analysis, virtual tours, and online tools for real estate agents. Operations focus on property assessments and client support, with partnerships including Brookfield Residential, Kohler, Shea Homes, and Sterling Homes. Services are delivered through the domain avidratings.com.
Avid Ratings offers AvidCX, AvidWarranty, and HomeKeep.
Avid Ratings has made 1 acquisition, including H2insight.
Avid Ratings has 4 investors. Key investors include ECi Solutions, Beringea, 4490 Ventures, and WARF.