When was Avassa founded?

Avassa was founded in 2020 and raised its 1st funding round within a year of its incorporation.

Where is Avassa located?

Avassa is headquartered in Stockholm, Sweden.

Who is the current CEO of Avassa?

Fredrik Lundberg of Avassa. They have also founded 1 company.

How many employees does Avassa have?

As of Aug 31, 2026, the latest employee count at Avassa is 23.

Is Avassa a funded company?

Avassa is a funded company, having raised a total of $7M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Nov 18, 2020.

When was the latest funding round of Avassa?

Avassa's latest funding was a $***** Series A round on Oct 01, 2024, with participation from 3 investors.

Where does Avassa rank among its competitors?

Avassa ranks 33rd amongst 574 active competitors, of which 99 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Union.ai, which secured $19M in Feb, 2026.

Who are the top competitors of Avassa?

Avassa's top competitors include VMware, Nutanix and Anodot. Among them, Union.ai secured the most recent funding round in February, 2026.

Avassa - 2026 Company Profile, Team, Funding & Competitors

Avassa is a series A company based in Stockholm (Sweden), founded in 2020 by Fredrik Lundberg and Carl Moberg. It operates as a Provider of platform for application management and operations at the edge. Avassa has raised $7M in funding from Fairpoint Capital and H&M Group Ventures. The company has 574 active competitors, including 99 funded and 63 that have exited. Its top competitors include companies like VMware, Nutanix and Anodot.

Company Details

Provider of platform for application management and operations at the edge. The platform facilitates remote updating, monitoring, and troubleshooting of applications and infrastructure. It extends cloud tooling to on-site infrastructure, making edge management accessible. The platform supports containerized applications and virtual machines, bridging legacy and modern systems. It offers features designed for distributed environments.

Website: avassa.io
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Key Metrics

Founded Year

2020

Location

Stockholm, Sweden

Stage

Series A

Total Funding

$7M in 2 rounds

Latest Funding Round

Series A, Oct 01, 2024, $*****

Investors

Fairpoint Capital & 2 more

Ranked

33^rd among 574 active competitors

Employee Count

23 as on Aug 31, 2026

Similar Companies

VMware & 709 more

View Avassa's full profile

Avassa has raised a total funding of $7M over 2 rounds. Its first funding round was on Nov 18, 2020. Its latest funding round was a Series A round on Oct 01, 2024 for $*****. 3 investors participated in its latest round. Avassa has 3 institutional investors.

Here is the list of recent funding rounds of Avassa:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 01, 2024	8716579	Series A	9137365	6267659	5264540	9711056
Nov 18, 2020	3309557	Series A	5848188	8101553	Fairpoint Capital	Industrifonden

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View details of Avassa's funding rounds and investors

The founders of Avassa are Fredrik Lundberg and Carl Moberg. Fredrik Lundberg is the CEO of Avassa.

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

Fredrik Lundberg: Co-Founder & CEO of Avassa. They serve on the board of 1 company.
Contact Info: 1 email address
Carl Moberg: CTO and co-founder of Avassa.

View details of Avassa's Founder profiles and Board Members

Avassa's employee count trend

Avassa has 23 employees as of Aug 26. Here is Avassa's employee count trend over the years:

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Top competitors of Avassa include VMware, Nutanix and Anodot. Here is the list of Top 10 competitors of Avassa, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	VMware 1998, Palo Alto (United States), Acquired	Cloud based orchestration solutions	$596M	.406 Ventures, Intel & 33 others	80/100
2nd	Nutanix 2009, San Jose (United States), Public	AI powered cloud management software for enterprises	$317M	Goldman Sachs, Sapphire Ventures & 32 others	73/100
3rd	Anodot 2014, Ra anana (Israel), Acquired	AI based cost management platform	$65.5M	Redline Capital Management, Disruptive & 7 others	68/100
4th	CloudCheckr 2011, Rochester (United States), Acquired	Cloud-based solutions for vulnerability assessment & cloud maanagement	$67.4M	Level Equity, Garrison Capital & 4 others	67/100
5th	Actility 2010, Paris (France), Acquired	Provider of IoT platform for LPWAN networks and device management	$122M	Ginko Ventures, BNP Paribas & 17 others	67/100
6th	Flexera 2008, Itasca (United States), Acquired	Provider of IT management solutions for cloud, SaaS, and data centers	$5.76M	Thoma Bravo, HarbourVest Partners & 6 others	66/100
7th	Hitachi Vantara 1989, Santa Clara (United States), Series A	Provider of data infrastructure, hybrid cloud, and data resilience solutions	$6.56M	Top Corner Capital, Riverfront Ventures	66/100
8th	Upbound 2017, San Francisco (United States), Series B	Multi cloud platform to run, scale and optimize cloud services	$69M	Altimeter Capital, Google Ventures & 3 others	65/100
9th	AvePoint 2001, Jersey City (United States), Public	Cloud based platform offering data backup and recovery solutions	$90M	Summit Partners, Goldman Sachs & 8 others	63/100
10th	Union.ai 2021, Seattle (United States), Series A	Developer of a platform for orchestrating, training, and serving AI	$48.1M	New Enterprise Associates, Mozilla Ventures ... & 1 others	63/100
33rd	Avassa 2020, Stockholm (Sweden), Series A	Provider of platform for application management and operations at the edge	$7M	Industrifonden, H&M Group Ventures & 1 others	52/100