About Avoset
Avoset is a company based in Helsinki (Finland) founded in 2010 was acquired by Eficode in August 2023.. Avoset has completed 1 acquisition, including Polar Shift. Avoset offers products and services including Atlassian Consulting, Eficode ROOT, and DevOps Transformation. Avoset operates in a competitive market with competitors including UST, NTT DATA, Endava, Persistent and Thoughtworks, among others.
- Headquarter Helsinki, Finland
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Sectors
Business Services
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Email
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Website
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Social
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Annual Revenue
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Latest Funding Round
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Acquired by
Eficode
(Aug 08, 2023)
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Products & Services of Avoset
Avoset offers a comprehensive portfolio of products and services, including Atlassian Consulting, Eficode ROOT, and DevOps Transformation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Services for implementing and managing Atlassian tools.
Managed platform enhancing software development productivity.
Guidance on adopting DevOps practices for better workflows.
Funding Insights of Avoset
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Avoset
Avoset has secured backing from 1 investor. Prominent investors backing the company include Eficode. 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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IT consulting and software development services are offered by Eficode.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Avoset
Avoset has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Polar Shift. 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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Provider of software development, data enter, and other services
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2009 |
| 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 - Avoset
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Avoset Comparisons
Competitors of Avoset
Avoset 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 UST, NTT DATA, Endava, Persistent and Thoughtworks, 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 |
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High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Endava is engaged in digital transformation and AI-driven solutions.
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IT consulting, data analytics, and digital transformation services are provided.
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Leading global technology consultancy integrating strategy, design, and software engineering to enable enterprises and technology disruptors
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IT suite solutions and consulting services are provided worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Avoset
Frequently Asked Questions about Avoset
When was Avoset founded?
Avoset was founded in 2010.
Where is Avoset located?
Avoset is headquartered in Helsinki, Finland.
Who is the current CEO of Avoset?
Tuomas Saranen is the current CEO of Avoset.
What does Avoset do?
Avoset was founded in 2010 in Helsinki, Finland, where operations are based. IT software consulting services are offered to clients in the technology sector. Expertise is applied in software solutions and advisory support. The company is led by CEO Tuomas Saranen. Focus remains on delivering practical IT consulting within the Finnish market, with services tailored to business needs in the region.
Who are the top competitors of Avoset?
Avoset's top competitors include Persistent, NTT DATA and Endava.
What products or services does Avoset offer?
Avoset offers Atlassian Consulting, Eficode ROOT, and DevOps Transformation.
How many acquisitions has Avoset made?
Avoset has made 1 acquisition, including Polar Shift.
Who are Avoset's investors?
Avoset has 1 investor. Key investors include Eficode.
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