Avoka

Sydney, Australia Founded: 2005 • Age: 21 yrs Acquired By Temenos
Temenos offers banking software platforms for retail, corporate, and wealth management.
Annual revenue - Latest available
Total funding $12.0M 2 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Avoka

Avoka is a company based in Sydney (Australia) founded in 2005 by Philip Copeland was acquired by Temenos in December 2018. It operates as a SaaS and B2B. Avoka has raised $12 million across 2 funding rounds from investors including Temenos and Moelis Australia. Avoka offers products and services including Temenos Digital and Temenos SaaS. Avoka operates in a competitive market with competitors including LeadSquared, Zafin, PureFacts, Shift Technology and Glia, among others.

  • Headquarter Sydney, Australia
  • Founders Philip Copeland
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Temenos Headquarters Sa
Operational Areas
Financial Services → Banking & Financial Institutions Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $12 M (USD)

    in 2 rounds

  • Latest Funding Round
    $12 M (USD), Series A

    Dec 11, 2017

  • Investors
    Temenos

    & 1 more

  • Employee Count
    Not available
  • Acquired by
    Temenos

    (Dec 12, 2018)

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Products & Services of Avoka

Avoka offers a comprehensive portfolio of products and services, including Temenos Digital and Temenos SaaS.

Product name locked
Category locked
Primary

Platform for front and middle office banking capabilities

Product name locked
Category locked
Locked

Cloud-based solutions for core banking and AI integration

Funding Insights of Avoka

Avoka has successfully raised a total of $12M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in December 2017. 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 Avoka

Avoka has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Temenos and Moelis Australia.

All
Institutional
Investor Description Founded Year Domain Location
Corporate advisory services are provided in Australia.
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Developer of AI and cloud-based banking software suite
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Investor details for Avoka

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Investments & Acquisitions by Avoka

Investments
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Investment portfolio details for Avoka

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Financial Statements - Avoka

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Detailed financials for Avoka

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Avoka Comparisons

Avoka Primary company
Description
Temenos offers banking software platforms for retail, corpor...
Location
Sydney, Australia
Founded Year
2005
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Avoka

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Avoka

Avoka 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 LeadSquared, Zafin, PureFacts, Shift Technology and Glia, among others.

Company Name Domain Founded year HQ Location Description
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AI-driven CRM and marketing automation platform is provided by LeadSquared.
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Software solutions for relationship banking in financial services are delivered.
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CRM solutions for wealth managers
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Provider of AI solutions for insurance underwriting, claims, and risk
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Cloud-based omnichannel platform is provided for financial customer service.
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Reputation management software is provided for solar industry sales.
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Detailed competitors of Avoka

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Latest news on Avoka

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Complete news archive for Avoka

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Frequently Asked Questions about Avoka

Avoka was founded in 2005 and raised its 1st funding round 8 years after it was founded.

Avoka is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.

Avoka is a funded company, having raised a total of $12M across 2 funding rounds to date.

Temenos is a global provider of banking technology solutions, including SaaS and AI-driven platforms, that enable financial institutions to enhance digital experiences for retail, corporate, and wealth management clients. They focus on core banking, payments, and innovation through partnerships, with operations in 38 countries across various regions, helping banks improve efficiency and customer engagement.

Avoka's top competitors include LeadSquared, Glia and Shift Technology.

Avoka offers Temenos Digital and Temenos SaaS.

Avoka has 2 investors. Key investors include Temenos, and Moelis Australia.

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