About Avrios
Avrios is a company based in Zurich (Switzerland) founded in 2015 was acquired by Battery Ventures in January 2023.. Avrios has raised $26.29 million across 5 funding rounds from investors including Lakestar, Swisscom Ventures and Notion Capital. Avrios offers products and services including Fleet Management Software, Damage Management, Compliance Management, and Insights and Reporting. Avrios operates in a competitive market with competitors including Samsara, Platform Science, Radius, Omnitracs and GreenRoad, among others.
- Headquarter Zurich, Switzerland
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Sectors
Transportation, Automotive & Logistics
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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
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Net Profit
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EBITDA
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Total Equity Funding
$26.29 M (USD)
in 5 rounds
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Latest Funding Round
$14.09 M (USD), Series B
Oct 09, 2019
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Investors
Lakestar
& 10 more
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Employee Count
Employee Count
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Acquired by
Battery Ventures
(Jan 05, 2023)
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Products & Services of Avrios
Avrios offers a comprehensive portfolio of products and services, including Fleet Management Software, Damage Management, Compliance Management, and Insights and Reporting. 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.
Platform for organizing fleet data and automating processes.
Tool for recording vehicle damage and reducing repair costs.
System for ensuring fleet compliance and risk reduction.
Tool for generating reports on fleet costs and performance.
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Funding Insights of Avrios
Avrios has successfully raised a total of $26.29M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $14.09 million completed in October 2019. 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 Series B — $14.1M
- First Round First Round
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Series B - Avrios | Valuation | Swisscom Ventures , Edenred Capital | |
| Jul, 2018 | Amount | Series A - Avrios | Valuation | Lakestar , Notion | |
| Jun, 2017 | Amount | Series A - Avrios | Valuation | Notion |
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| 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 Avrios
Avrios has secured backing from 11 investors, including venture fund and angel investors. Prominent investors backing the company include Lakestar, Swisscom Ventures and Notion Capital. 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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Investments are made by Swisscom Ventures, backed by Swisscom AG.
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Founded Year | Domain | Location | |
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Venture capital investment firm
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Founded Year | Domain | Location | |
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Venture capital investment in European business software companies, focusing on early-stage opportunities in London.
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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 Avrios
| 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 |
Financial Statements - Avrios
| 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 |
Avrios Comparisons
Competitors of Avrios
Avrios 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 Samsara, Platform Science, Radius, Omnitracs and GreenRoad, 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 |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
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| domain | founded_year | HQ Location |
Provider of integrated solutions for fleet management
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| domain | founded_year | HQ Location |
Predictive marketing and sales platform
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| domain | founded_year | HQ Location |
Cloud-based fleet management solutions are provided for transportation operations.
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| domain | founded_year | HQ Location |
Fleet telematics and management solutions for safe driving are provided.
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| domain | founded_year | HQ Location |
Provider of video telematics and fleet management solutions
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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 Avrios
Frequently Asked Questions about Avrios
When was Avrios founded?
Avrios was founded in 2015.
Where is Avrios located?
Avrios is headquartered in Zurich, Switzerland.
Who is the current CEO of Avrios?
Francine V Gervazio is the current CEO of Avrios.
Is Avrios a funded company?
Avrios is a funded company, having raised a total of $26.29M across 5 funding rounds to date. The company's 1st funding round was a Series A of $6.26M, raised on Feb 05, 2015.
What does Avrios do?
Avrios was founded in 2015 in Zurich, Switzerland, within the software sector focused on fleet operations. A web-based platform is offered for managing drivers, vehicle procurement, maintenance, reporting, and statistics. Vehicle costs, including true ownership expenses, are tracked automatically with reduced manual input. Fleet data is organized, regulatory compliance is supported, and operational decisions are facilitated through integrated tools. The model relies on subscriptions for access.
Who are the top competitors of Avrios?
What products or services does Avrios offer?
Avrios offers Fleet Management Software, Damage Management, Compliance Management, and Insights and Reporting.
Who are Avrios's investors?
Avrios has 11 investors. Key investors include Lakestar, Swisscom Ventures, Notion Capital, Columbia Lake Partners, and Edenred Capital.
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