Aavenir: Funding, Investors & Team (Sep 2026)
Aavenir is a software-as-a-service-based source-to-pay solutions provider. It revolutionizes age-old procurement processes by using the latest Machine Learning and Natural Language Processing technologies to reduce cycle time, yet offering insightful best practices suggestions based on historical data. It was founded in 2019 and is headquartered in Plano, Texas.
Aavenir has raised $8.0M across 2 funding rounds on record, the most recent a Series A of $6.0M announced in Mar 2022.
That round is in line with the $5.5M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.
Aavenir Company Profile and Key Stats
Latest funding round on record: Mar 2022.
Aavenir Funding Rounds
Aavenir raised $2.0M in an undisclosed round announced in Apr 2020.
1.9 years later, a Series A of $6.0M was announced in Mar 2022.
Aavenir Founders and Leadership Team
Contact details for the Aavenir team: 1 of 1 has an email address on file.
Start 14-day free trial →Aavenir Funding Compared to Other Artificial Intelligence Startups
Aavenir's latest round of $6.0M is in line with the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.
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Aavenir Funding FAQs
What does Aavenir do?
Aavenir is a software-as-a-service-based source-to-pay solutions provider. It revolutionizes age-old procurement processes by using the latest Machine Learning and Natural Language Processing technologies to reduce cycle time, yet offering insightful best practices suggestions based on historical data. It was founded in 2019 and is headquartered in Plano, Texas.
How much funding has Aavenir raised?
Aavenir has raised $8.0M across 2 rounds on record. The most recent is a Series A of $6.0M announced in Mar 2022.
When did Aavenir last raise funding?
Aavenir's most recent funding round on record is a Series A of $6.0M, announced in Mar 2022.
Who is the CEO of Aavenir?
Jesal Mehta is listed as CEO at Aavenir.
Where is Aavenir headquartered?
Aavenir is based in Plano, Texas, United States.
How many employees does Aavenir have?
Aavenir is in the 51-100 employee band.
How does Aavenir's funding compare to other Artificial Intelligence startups?
Aavenir's latest round of $6.0M is in line with the $5.5M median round size for Artificial Intelligence companies on FundedIQ across 7,233 tracked companies over the last two years.
About FundedIQ's Aavenir Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Aavenir is left off this page rather than filled in.
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