Lavante

San Jose, United States Founded: 2001 • Age: 25 yrs Acquired By PRGX
Supplier onboarding and compliance automation is provided by Lavante.
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About Lavante

Lavante is a company based in San Jose (United States) founded in 2001 was acquired by PRGX in October 2016.. Lavante has raised $25.32 million across 5 funding rounds from investors including PRGX, ATA Ventures and Sapphire Ventures. The company has 34 employees as of December 31, 2015. Lavante offers products and services including AP Profit Recovery, Contract Management, Retail Merchandise Profit Recovery, Margin Insight, and Supplier Connect. Lavante operates in a competitive market with competitors including Avetta, Nulogy, APEX Analytix, Beroe and Achilles, among others.

  • Headquarter San Jose, United States
  • Employees 34 as on 31 Dec, 2015
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Lavante Inc
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $25.32 M (USD)

    in 5 rounds

  • Latest Funding Round
    $3.5 M (USD), Series C

    Aug 19, 2014

  • Investors
    PRGX

    & 5 more

  • Employee Count
    34

    as on Dec 31, 2015

  • Acquired by
    PRGX

    (Oct 25, 2016)

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Products & Services of Lavante

Lavante offers a comprehensive portfolio of products and services, including AP Profit Recovery, Contract Management, Retail Merchandise Profit Recovery, Margin Insight, and Supplier Connect. 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.

Primary

Software and services to recover profits from accounts payable processes.

Solutions for improving procurement and supplier contract compliance.

Tools to identify hidden profit opportunities in retail operations.

Platform for analyzing product and vendor performance metrics.

Software for efficient supplier communication and relationship management.

Funding Insights of Lavante

Lavante has successfully raised a total of $25.32M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $3.5 million completed in August 2014. 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 Rounds 5
  • Last Round Series C — $3.5M
  • First Round

    (01 Apr 2008)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2014 Amount Series C - Lavante Valuation

investors

Aug, 2012 Amount Series C - Lavante Valuation

investors

Dec, 2010 Amount Series C - Lavante Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Lavante

Lavante has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include PRGX, ATA Ventures and Sapphire Ventures. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Seed and early-stage investments are made in US tech companies.
Founded Year Domain Location
Venture capital firm partnering with enterprise software companies and early-stage funds.
Founded Year Domain Location
Early-stage technology investments are made by PointGuard Ventures.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Lavante

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Lavante

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Lavante Comparisons

Employees
+
Add Comparison
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Competitors of Lavante

Lavante 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 Avetta, Nulogy, APEX Analytix, Beroe and Achilles, 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
Supply chain risk management and supplier pre-qualification platform
domain founded_year HQ Location
Cloud-enabled supplier collaboration solutions are provided to businesses.
domain founded_year HQ Location
Audit and supplier management solutions are offered to businesses.
domain founded_year HQ Location
Procurement insights and supplier ratings are delivered across industries.
domain founded_year HQ Location
Supply chain risks are identified, qualified, evaluated, and monitored globally.
domain founded_year HQ Location
Cloud-based ERP supply chain and supplier management portal for businesses
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Lavante

Frequently Asked Questions about Lavante

When was Lavante founded?

Lavante was founded in 2001 and raised its 1st funding round 7 years after it was founded.

Where is Lavante located?

Lavante is headquartered in San Jose, United States. It is registered at San Jose, California, United States.

Is Lavante a funded company?

Lavante is a funded company, having raised a total of $25.32M across 5 funding rounds to date. The company's 1st funding round was a Series C of $8M, raised on Apr 01, 2008.

How many employees does Lavante have?

As of Dec 31, 2015, the latest employee count at Lavante is 34.

What does Lavante do?

Lavante was founded in 2001 and is based in San Jose, United States. Cloud-based solutions for supplier information management and audit recovery are offered to Fortune 1000 companies. Costs associated with onboarding and managing suppliers are reduced, government compliance is facilitated, and open credits are recovered efficiently. Services are utilized in sectors including hospitality, retail, entertainment, manufacturing, and medical services.

Who are the top competitors of Lavante?

Lavante's top competitors include Nulogy, Beroe and Achilles.

What products or services does Lavante offer?

Lavante offers AP Profit Recovery, Contract Management, Retail Merchandise Profit Recovery, Margin Insight, and Supplier Connect.

Who are Lavante's investors?

Lavante has 6 investors. Key investors include PRGX, ATA Ventures, Sapphire Ventures, PointGuard Ventures, and Venrock.

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