About Avito
Avito is a company based in Moscow (Russia) founded in 2007 was acquired by Kismet Capital in October 2022.. Avito has raised $161 million across 5 funding rounds from investors including Accel, Naspers and GP Bullhound. Avito has completed 5 acquisitions, including APS Money, CheckOut and HR Messenger. Avito operates in a competitive market with competitors including 58City, Avito.ma, Craigslist, Farpost and Prodai, among others.
- Headquarter Moscow, Russia
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Sectors
Retail
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Phone
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Website
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Social
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Software Development Team
37 people
Product Management Team
22 people
Leadership Team
5 people
Human Resources and Administration
2 people
Legal and Compliance
2 people
Data Analysis and Operations Team
2 people
Cluster Team
1 people
Head Team
1 people
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Funding Insights of Avito
Avito has successfully raised a total of $161M across 5 strategic funding rounds. 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 5
- Last Round Last Round
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First Round
First Round
(01 Jun 2010)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Series B - Avito | Valuation |
investors |
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| Mar, 2013 | Amount | Series B - Avito | Valuation | Naspers , Kinnevik |
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| May, 2012 | Amount | Series B - Avito | Valuation | Accel , Baring Vostok |
| 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 Avito
Avito has secured backing from 9 investors, including venture fund investors. Prominent investors backing the company include Accel, Naspers and GP Bullhound. 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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Global investments in early and growth-stage tech firms are conducted.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward multiple sectors by Kinnevik.
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Founded Year | Domain | Location | |
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Early-stage startups are funded by Northzone venture capital.
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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 Avito
Avito has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include APS Money, CheckOut and HR Messenger. 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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Blockchain-enabled payment processing solutions are provided for businesses.
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2021 | ||||
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Provider of a cloud based chatbot for HR process automation
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2018 | ||||
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Used car listings are aggregated and evaluated by Haraba.
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2016 |
| 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 - Avito
| 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 |
Avito Comparisons
Competitors of Avito
Avito 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 58City, Avito.ma, Craigslist, Farpost and Prodai, 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 |
Online second-hand listing platform offering multi-category products and services
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| domain | founded_year | HQ Location |
Used products across multiple categories are listed online by users.
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| domain | founded_year | HQ Location |
Online classified forum
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| domain | founded_year | HQ Location |
Operates an online horizontal classifieds platform for various listings.
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| domain | founded_year | HQ Location |
Operates as an online classifieds website serving users in Russia.
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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 Avito
Frequently Asked Questions about Avito
When was Avito founded?
Avito was founded in 2007 and raised its 1st funding round 3 years after it was founded.
Where is Avito located?
Avito is headquartered in Moscow, Russia.
Is Avito a funded company?
Avito is a funded company, having raised a total of $161M across 5 funding rounds to date. The company's 1st funding round was a Series B of $75M, raised on Jun 01, 2010.
What does Avito do?
Avito was founded in 2007 in Moscow, Russia, within the e-commerce sector. An online marketplace is operated, focusing on second-hand items across categories including automobiles, electronics, fashion, property, pet supplies, and home products. Services are extended through a website at avito.ru and a mobile app compatible with Android and iOS devices. Operations are centered in Russia, facilitating transactions for diverse consumer needs.
Who are the top competitors of Avito?
Avito's top competitors include Avito.ma, 58City and Craigslist.
How many acquisitions has Avito made?
Avito has made 5 acquisitions, including APS Money, CheckOut, and HR Messenger.
Who are Avito's investors?
Avito has 9 investors. Key investors include Accel, Naspers, GP Bullhound, Kinnevik, and VNV Global.
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