What is Avrios?
Avrios develops the first fully digital fleet management platform, empowering clients to streamline the acquisition, management, and disposition of company vehicles with a single, intuitive interface. By replacing cumbersome spreadsheet-based systems with an intelligent, advisory platform, Avrios offers automated guidance for daily fleet decisions. The company's user base expresses strong enthusiasm for the product's capabilities and anticipates further advancements in comprehensive car management solutions.
How much funding has Avrios raised?
Avrios has raised a total of $21.4M across 2 funding rounds:
Series A
$6.4M
Series B
$15M
Series A (2017): $6.4M with participation from Notion Capital
Series B (2019): $15M led by Swisscom Ventures
Key Investors in Avrios
Swisscom Ventures
Swisscom Ventures is the venture capital arm of Swisscom, the leading telecom provider in Switzerland. They focus on investing in innovative technology companies, particularly in areas like digital transformation, cloud services, and enterprise software, aiming to foster growth and innovation within the digital ecosystem.
Notion Capital
Notion Capital is a leading early-stage venture capital firm based in London, specializing in investments in B2B SaaS and cloud services across Europe. The firm provides investment capital and expert support to help ambitious brands scale their ventures, focusing on building strong, long-term relationships with founders.
What's next for Avrios?
The substantial enterprise-level backing positions Avrios for accelerated growth and market expansion. This strategic financing is expected to fuel further development of its digital fleet management capabilities, enhancing its intelligent advisory features and user experience. Avrios is poised to solidify its leadership in the digital fleet management sector, potentially exploring new service offerings and deepening its integration into the automotive lifecycle. The company's trajectory suggests a focus on scaling its operations and capturing a larger share of the enterprise fleet market.
See full Avrios company page
