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AVANT - About the company

AVANT is a late stage company based in Chicago (United States), founded in 2016 by Drew Lydecker. It operates as a Provider of cloud management, hosting, and IT services. AVANT has raised an undisclosed amount in funding from Pamlico Capital and Court Square. The company has 128350 active competitors, including 966 funded and 7402 that have exited. Its top competitors include companies like IBM, Hewlett Packard Enterprise and Mindtree.

Company Details

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Email ID
*****@goavant.net
Phone Number
+1 **********
Registered Address
Chicago
Key Metrics
Founded Year
2016
Location
Chicago, United States
Stage
Late Stage
Latest Funding Round
Ranked
Employee Count
324 as on Aug 31, 2026
Investment & Acquisitions
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AVANT's funding and investors

AVANT has raised funding over 2 rounds. Its first funding round was on Oct 22, 2021. Its latest funding round was a PE round on Dec 17, 2025 for $*****. 2 investors participated in its latest round. AVANT has 2 institutional investors.

Here is the list of recent funding rounds of AVANT:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 17, 2025
7712520
PE
2468947
6024458
2871918
9653079
Oct 22, 2021
7544793
PE
5928542
9369969
9462527
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AVANT's founders and board of directors

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The founders of AVANT is Drew Lydecker.
Here are the details of AVANT's key team members:

AVANT's employee count trend

AVANT has 324 employees as of Aug 26. Here is AVANT's employee count trend over the years:
Employee count trend for AVANT
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AVANT's Competitors and alternates

Top competitors of AVANT include IBM, Hewlett Packard Enterprise and Mindtree. Here is the list of Top 10 competitors of AVANT, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for IBM
IBM
1911, Armonk (United States), Public
Provider of hybrid cloud, artificial intelligence, and IT consulting services
-
81/100
2nd
Provider of edge-to-cloud solutions, products, and services for enterprise organizations
-
78/100
3rd
Logo for Mindtree
Mindtree
1999, Bengaluru (India), Acquired
Consulting and implementations company
$23.9M
78/100
4th
Logo for UST
UST
1999, Aliso Viejo (United States), Late Stage
Provider of data analytics, cloud modernization, management strategy, and digital transformation services
$250M
76/100
5th
Logo for Infosys
Infosys
1981, Bengaluru (India), Public
Provider of consulting, data analytics, and IT services
-
75/100
6th
Logo for Accenture
Accenture
1989, Dublin (Ireland), Public
Provider of IT consulting, technology, and outsourcing services
-
75/100
7th
Logo for EPAM
EPAM
1993, Newtown (United States), Public
Provider of software development, data analytics, and other IT suite services
$50M
74/100
8th
Logo for Virtusa
Virtusa
1996, Westborough (United States), Acquired
IT services company
$45.2M
73/100
9th
Logo for Datamatics
Datamatics
1975, Mumbai (India), Public
Provider of digital technologies, business process management, analytics, and automation services
$3M
73/100
10th
Logo for Valtech
Valtech
1993, Paris (France), Acquired
Provider of diversified application development, IT consulting, and digital transformation services
-
73/100
817th
Logo for AVANT
AVANT
2016, Chicago (United States), Late Stage
Provider of cloud management, hosting, and IT services
-
43/100
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AVANT's Investments and acquisitions

AVANT has acquired 2 companies including CX Effect and PlanetOne. AVANT has not made any investments as of now.

Reports related to AVANT

Here is the latest report on AVANT's sector:

News related to AVANT

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Media has covered AVANT for a total of 3 events in the last 1 year, 2 of them have been about partnerships and 1 about company updates.
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FAQs about AVANT

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