EDGE
Get a demo
Log In

Avanti

Remote Work Infrastructure
Segments:
Integrated HRM, Payroll, and Benefits Platforms
?
Product stage:
Early
?

Avanti offers payroll, HR, and workforce management solutions specifically built from the ground up for mid-sized Canadian businesses. Originally founded in 1980, Avanti was acquired by the current co-CEO Amin Lalani in 2016. Since the acquisition Avanti has bootstrapped its ARR growth by ~250% to over USD 10 million in 2021. As of February 2022, Avanti has a customer base of more than 300 Canadian companies, including Home Hardware, Princess Auto, and Porter Airlines, across over 20 different industries.

Avanti raised USD 25 million ( February 2022 ) in a mix of debt and equity led by Round13 Capital, in its first-ever venture financing. The fresh funds will be used to expand Avanti’s engineering and product teams to accelerate the development of its cloud platform, and transform its on-premise software into an HCM solution. The company plans to extend its total workforce of 110 employees to 130 by the end of this year and to 180 within three years.

Remote Work Infrastructure

Remote Work Infrastructure

Key stats
Featured companies
192
Total funding (USD)
16.5 Bn
Total addressable market (USD)
16.9 Bn
Key competitors
 
Loading...
Loading...
Loading...
Loading...
Product Overview
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Product Metrics
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Company profile
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...

Recent Updates

Funding
Feb 24, 2022
Canadian payroll and HR software provider Avanti raises USD 25 million
Remote Work Infrastructure

Company Brief


HQ location:
Calgary AB CAN
Founded year:
1980
Employees:
51-100
Total Funding:
USD 19.5 million
Last Funding
USD 11.7 million, Feb 2022

Funding


Investors


No investor data is available

Funding data are powered by Crunchbase
arrow
menuarrow
Click here to learn more
Get a demo

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.