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 Sep 30, 2026, the latest employee count at Avaloq is 2687.

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 $45.5M in funding in 2026 to date.

Is Avaloq a Investment Tech company?

The primary sector of Avaloq is Investment Tech.

Where does Avaloq rank among its competitors?

Avaloq ranks 2nd amongst 884 active competitors, of which 109 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was FNZ, which secured $450M in Sep, 2026.

Who are the top competitors of Avaloq?

Avaloq's top competitors include Addepar, KFin Technologies and Broadridge. Among them, FNZ secured the most recent funding round in September, 2026.

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 884 active competitors, including 109 funded and 110 that have exited. Its top competitors include companies like Addepar, KFin Technologies and Broadridge.

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 & 5 more

Ranked

2^nd among 884 active competitors

Employee Count

2,687 as on Sep 30, 2026

Investment & Acquisitions

Kasparund & 8 more

Similar Companies

Addepar & 945 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	Reports
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 6 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	-

Access funding benchmarks and valuations. Sign up today!

View details of Avaloq's funding rounds and investors

The founders of Avaloq is Francisco Fernandez Grinon. Georges Roten and Martin Greweldinger are the CEOs 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.
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 2,687 employees as of Sep 26. Here is Avaloq's employee count trend over the years:

Uncover Avaloq's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Avaloq include Addepar, KFin Technologies and Broadridge. 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	Addepar 2009, New York City (United States), Series G	Wealth management solutions for advisors	$759M	WestCap, Valor Equity Partners & 60 others	79/100
2nd	Avaloq 1985, Zurich (Switzerland), Acquired	Cloud-based solutions for financial institutions	$301M	BlackRock, Warburg Pincus & 4 others	78/100
3rd	KFin Technologies 2017, Hyderabad (India), Public	Provider of software solutions for transaction management, compliance, and data analytics	$42.1M	Kotak Mahindra Bank, Compar Estates and Agencies	76/100
4th	Broadridge 2007, United States, Public	Provider of tech solution for financial service and customer communication	-	Back Bay Group, Zühlke & 4 others	74/100
5th	FNZ 2003, London (United Kingdom), Acquired	Provider of wealth management platforms for financial institutions and advisors	$3.97B	General Atlantic, Temasek & 14 others	72/100
6th	SEI 1968, Oaks (United States), Public	Wealth and investment management solutions for institutional investors	-	UBS, Capitala Group	70/100
7th	Centricity 2022, Gurugram (India), Series A	Digital private wealth management platform for individuals	$51M	Burman Family, SMBC Asia Rising Fund & 41 others	70/100
8th	Altruist 2018, Culver City (United States), Acquired	Portfolio management software for financial advisors	$602M	Venrock, Insight Partners & 17 others	69/100
9th	Gen II Fund Services 2009, New York City (United States), Acquired	Provider of private equity fund administration services. It offers fund administration, corporate services, tax compliance, and depositary management. The firm utilizes technology to optimize investment management and operational efficiency, providing timely and accurate reporting to investors. Services are tailored to various client sectors, including real assets, fund of funds, and credit. A global team supports clients with local expertise in key financial centers.	-	General Atlantic, Cobepa & 2 others	65/100
10th	Linedata 1998, Neuilly sur seine (France), Public	Provider of software, data, analytics, and related services for financial institutions	-	Ardian, XAnge & 4 others	65/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Avaloq's competitors? Click here to see the top ones

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)