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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People of Avito
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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.
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.
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Global investments in early and growth-stage tech firms are conducted.
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Venture capital investments are directed toward multiple sectors by Kinnevik.
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Early-stage startups are funded by Northzone venture capital.
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Investor details for Avito
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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.
Investment portfolio details for Avito
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- Portfolio identities
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| 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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Provider of a cloud based chatbot for HR process automation
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Used car listings are aggregated and evaluated by Haraba.
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Locked | Locked | 2016 | Locked |
Complete acquisition details for Avito
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- Transaction dates
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Verified entity values are shown only after access is granted.
Financial Statements - Avito
Detailed financials for Avito
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Avito Comparisons
Peer comparison for Avito
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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.
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Online second-hand listing platform offering multi-category products and services
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Used products across multiple categories are listed online by users.
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Online classified forum
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Operates an online horizontal classifieds platform for various listings.
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Operates as an online classifieds website serving users in Russia.
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Detailed competitors of Avito
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Latest news on Avito
Complete news archive for Avito
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Frequently Asked Questions about Avito
Avito was founded in 2007 and raised its 1st funding round 3 years after it was founded.
Avito is headquartered in Moscow, Russia.
Avito is a funded company, having raised a total of $161M across 5 funding rounds to date.
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.
Avito's top competitors include Avito.ma, 58City and Craigslist.
Avito has made 5 acquisitions, including APS Money, CheckOut, and HR Messenger.
Avito has 9 investors. Key investors include Accel, Naspers, GP Bullhound, Kinnevik, and VNV Global.