When was Avaloq founded?

Avaloq was founded in 1985 and raised its 1st funding round 30 years after it was founded.

Where is Avaloq located?

Avaloq is headquartered in Zurich, Switzerland.

How many employees does Avaloq have?

As of Jul 31, 2026, the latest employee count at Avaloq is 2658.

Is Avaloq a funded company?

Avaloq is a funded company, having raised a total of $301M across 3 funding rounds to date. The company's 1st funding round was raised for an undisclosed amount in a PE round on 2015.

How much is Avaloq worth?

The last known valuation of Avaloq was $991M as of Mar 22, 2017.

When was the latest funding round of Avaloq?

Avaloq's latest funding was a PE round on Jun 14, 2023, with participation from 1 investor. Its primary sector is Investment Tech. In Switzerland, the Investment Tech sector has seen $32.5M in funding in 2026 to date.

Is Avaloq a Investment Tech company?

The primary sectors of Avaloq are Investment Tech and GRC Software.

Where does Avaloq rank among its competitors?

Avaloq ranks 5th amongst 923 active competitors, of which 133 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Altruist, which secured $152M in Apr, 2025.

Who are the top competitors of Avaloq?

Avaloq's top competitors include Oracle, TrustArc and Broadcom. Among them, Altruist secured the most recent funding round in April, 2025.

Avaloq - 2026 Company Profile, Team, Funding & Competitors

Q: Is Avaloq an acquired company?

Avaloq got acquired by NEC on Oct 05, 2020.

Avaloq is an acquired company based in Zurich (Switzerland), founded in 1985 by Francisco Fernandez Grinon. It operates as a Cloud-based solutions for financial institutions. Avaloq has raised $301M in funding from investors like BlackRock, Warburg Pincus and Raiffeisen Schweiz, with last known valuation of $991M. The company has 923 active competitors, including 133 funded and 142 that have exited. Its top competitors include companies like Oracle, TrustArc and Broadcom.

Sectors and market segments that Avaloq operate in

Avaloq serves in the FinTech market segments.The primary business model of Avaloq is:

FinTech > Investment Tech > ***** **** > ***** ******

Company Details

Cloud-based solutions for financial institutions. Its products include automated core banking, automated portfolio monitoring and regulatory tasks, investment intelligence and improved proposal acceptance, conversational banking, omnichannel customer engagement, multiple features from payments to security trading, AI-based investment ideas with wealth management landscape integrations, an ecosystem for onboarding third-party products and service providers, and more.

Website: www.avaloq.com/
Social
Email ID: *****@avaloq.com
Phone Number: +41 **********

Key Metrics

Founded Year

1985

Location

Zurich, Switzerland

Stage

Acquired

Total Funding

$301M in 3 rounds

Latest Funding Round

PE, Jun 14, 2023, Undisclosed

Last Known Valuation

$991M as on Mar 22, 2017

Investors

BlackRock & 4 more

Ranked

5^th among 923 active competitors

Employee Count

2,658 as on Jul 31, 2026

Investment & Acquisitions

Kasparund & 8 more

Similar Companies

Oracle & 919 more

Exit Details

Acquired by NEC (Oct 05, 2020)

View Avaloq's full profile

Avaloq is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Avaloq Group AG CIN: 103.836.490 , Switzerland, Active	Jan 01, 1985	-	-	-
AVALOQ INDIA PRIVATE LIMITED CIN: U72900PN2019FTC187470 , India, Active	Oct 25, 2019	₹50 - ₹100 Cr (As on Mar 31, 2025)	-

Avaloq got acquired by NEC on Oct 05, 2020 at an acquisition amount of $*****.

Click here to take a look at Avaloq's acquisition in detail

Avaloq has raised a total funding of $301M over 3 rounds. Its first funding round was on 2015. Its latest funding round was a PE round on Jun 14, 2023 for an undisclosed amount. 1 investor participated in its latest round. Avaloq has 5 institutional investors.

Here is the list of recent funding rounds of Avaloq:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 14, 2023	Undisclosed	PE	-	-	BlackRock	-
Jun 15, 2017	$301M	PE	$991M	-	Warburg Pincus	-
2015	Undisclosed	PE	-	-	Raiffeisen Schweiz	-

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View details of Avaloq's funding rounds and investors

The founders of Avaloq is Francisco Fernandez Grinon. Martin Greweldinger is the CEO of Avaloq.

Here are the details of Avaloq's key team members:

Francisco Fernandez Grinon: Founder of Avaloq and founder of 3 other companies, Avaloq, Innoterra and Lateral Praxis.
Contact Info: 1 email address
Martin Greweldinger: CEO of Avaloq.
Contact Info: 1 email address

View details of Avaloq's Founder profiles and Board Members

Avaloq's employee count trend

Avaloq has 2,658 employees as of Jul 26. Here is Avaloq's employee count trend over the years:

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Top competitors of Avaloq include Oracle, TrustArc and Broadcom. Here is the list of Top 10 competitors of Avaloq, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Oracle 1977, Austin (United States), Public	Provider of cloud-based enterprise software solutions for applications, platform, and infrastructure management	-	rifvc.com, EGI Group & 32 others	83/100
2nd	TrustArc 1997, Walnut Creek (United States), Acquired	Cloud-based data privacy and compliance solutions for businesses	$107M	Accel, Bregal Sagemount & 9 others	78/100
3rd	Broadcom 1991, California (United States), Public	Platform offering data center fiber optic networks	-	Kelvin Capital, Silver Lake & 27 others	77/100
4th	Alteryx 1997, Irvine (United States), Acquired	Cloud based suite of data analytics solutions	$163M	Insight Partners, Sapphire Ventures & 12 others	77/100
5th	Avaloq 1985, Zurich (Switzerland), Acquired	Cloud-based solutions for financial institutions	$301M	BlackRock, Warburg Pincus & 3 others	76/100
6th	IDnow 2010, Munich (Germany), Acquired	Provider of automated and expert-led identity verification and digital trust services	$40M	Seventure Partners, BayBG Venture Capital ... & 40 others	75/100
7th	Jumio 2010, Sunnyvale (United States), Acquired	Provider of AI-powered identity verification solutions	$196M	Millennium Technology Value Partners, Great Hill Partners ... & 10 others	74/100
8th	Broadridge 2007, United States, Public	Provider of tech solution for financial service and customer communication	-	Back Bay Group, Zühlke & 4 others	73/100
9th	Altruist 2018, Culver City (United States), Acquired	Portfolio management software for financial advisors	$602M	Insight Partners, Venrock & 17 others	72/100
10th	Fireblocks 2018, New York (United States), Series E	Provider of an online platform for crypto custody, payments, tokenization, and wallet-as-a-service	$1.04B	Spark Capital, Stripes & 38 others	72/100

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Avaloq has made 8 investments in companies including Kasparund and Blockpit. Avaloq has also acquired 1 companies including Derivative Partners.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jun 07, 2024	Investments	Kasparund	2020	St Gallen (Switzerland)
Jul 07, 2021	Investments	Blockpit	2017	Hagenberg (Austria)
May 04, 2021	Investments	Clink	2012	Slough (United Kingdom)