Avetta
Date | Investors | Amount | Round |
---|---|---|---|
$35.0m | Late VC | ||
N/A | - | ||
N/A | Growth Equity VC | ||
N/A | - | ||
* | N/A Valuation: $3.0b | Buyout | |
Total Funding | €31.8m |
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Recent News about Avetta
EditAvetta operates in the supply chain risk management and compliance sector, providing solutions that enhance safety, sustainability, and operational efficiency for businesses. The company serves a diverse range of clients, including large corporations and small to medium-sized enterprises, across various industries such as construction, energy, and manufacturing. Avetta's business model revolves around its cloud-based platform, Avetta Connect, which facilitates the vetting, onboarding, and management of suppliers and contractors. This platform helps clients ensure that their supply chains comply with regulatory standards and best practices, thereby reducing risks and improving overall performance. Avetta generates revenue through subscription fees for access to its platform and additional services, such as insurance and compliance support. The company also benefits from partnerships with insurance providers, offering competitive insurance benefits to its network members. By leveraging technology and industry expertise, Avetta helps clients achieve their sustainability goals and maintain high safety standards.
Keywords: supply chain, risk management, compliance, safety, sustainability, operational efficiency, cloud-based platform, vetting, onboarding, insurance benefits.