Aavenir

Aavenir is a SaaS-based source-to-pay solutions provider committed to making the routine work, smarter, easier and joyful through technology.

Aavenir's solution enables businesses to manage contract authoring, negotiations, signatures and renewals using artificial intelligence (AI) and machine learning algorithms.

Aavenir was founded in 2019 by Jesal Mehta. The company is headquartered in Plano, Texas and Ahmedabad, Gujarat.

 

Aavenir’s next-gen Source-to-Pay suite revolutionizes age-old procurement processes by using the latest Machine Learning and Natural Language Processing technologies to reduce cycle time.

 

Aavenir’s AI-enabled Source-to-Pay solution portfolio includes applications for Vendor Onboarding, RFP Management, Contract Lifecycle & Obligation Management, Accounts Payable Automation.

 

Aavenir is backed by Accel, ScOp Ventures, and others. The company raised $6M in a Series A round on Mar 22, 2022. This brings Aavenir's total funding to $8M to date.

 

 

  • Year founded: 2019
  • Funding Info: $8M over 2 Rounds (Latest Funding Type: Series A)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Plano
  • State: Texas
  • Country: United States
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