When was Avento founded?

Avento was founded in 1992 and raised its 1st funding round 24 years after it was founded.

Where is Avento located?

Avento is headquartered in Mechelen, Belgium.

How many employees does Avento have?

As of Dec 10, 2025, the latest employee count at Avento is 5114.

Is Avento a funded company?

Avento is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Aug 02, 2016.

When was the latest funding round of Avento?

Avento's latest funding was a $***** PE round on Sep 20, 2017, with participation from 1 investor.

What is the annual revenue of Avento?

Annual revenue of Avento is €390M as on Dec 31, 2024.

Where does Avento rank among its competitors?

Avento ranks 56th amongst 122629 active competitors, of which 948 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Accenture, which secured an undisclosed amount in Mar, 2024.

Who are the top competitors of Avento?

Avento's top competitors include IBM, UST and Mindtree. Among them, Accenture secured the most recent funding round in March, 2024.

Avento - 2026 Company Profile, Team, Funding, Competitors & Financials

Avento is an acquired company based in Mechelen (Belgium), founded in 1992 by Andre Knaepen. It operates as a Provider of IT solutions and services across diverse industries. Avento has raised an undisclosed amount in funding from Gimv. The company has 122629 active competitors, including 948 funded and 7200 that have exited. Its top competitors include companies like IBM, UST and Mindtree.

Company Details

Provider of IT solutions and services across diverse industries. It offers a broad portfolio encompassing application services, business solutions, quality engineering, data and AI, digital workplaces, cybersecurity, networking, regulatory compliance, and hybrid cloud solutions. The company provides services through various engagement models, including outsourcing, managed services, and team extension. Its industry-specific services address unique challenges and opportunities in sectors such as healthcare, manufacturing, finance, and agriculture. The focus is on helping clients modernize and innovate their IT infrastructure while managing legacy systems.

Website: www.cegeka.com/
Social
Email ID: *****@cegeka.be
Phone Number: +32 **********

Key Metrics

Founded Year

1992

Location

Mechelen, Belgium

Stage

Acquired

Latest Funding Round

PE, Sep 20, 2017, $*****

Investors

Gimv & 3 more

Ranked

56^th among 122629 active competitors

Annual Revenue

€390M as on Dec 31, 2024

Employee Count

5,114 as on Dec 10, 2025

Investment & Acquisitions

Key-Performance & 10 more

Similar Companies

IBM & 146306 more

Exit Details

Acquired by Citymesh (Dec 01, 2020)

View Avento's full profile

Avento is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CEGEKA CIN: 0882.419.490 , Belgium, Active	Jul 03, 2006	$422M (As on Dec 31, 2024)	1063 (As on Dec 31, 2022)	-

Avento got acquired by Citymesh on Dec 01, 2020.

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

Avento has raised funding over 3 rounds. Its first funding round was on Aug 02, 2016. Its latest funding round was a PE round on Sep 20, 2017 for $*****. 1 investor participated in its latest round. Avento has 4 institutional investors.

Here is the list of recent funding rounds of Avento:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 20, 2017	3329211	PE	7378111	1127110	7887923	2438670
Jul 31, 2017	4536401	Grant (prize money)	4482307	1271022	5076450	Europa
Aug 02, 2016	1094444	Grant (prize money)	1881708	6344267	1028209	Europa

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View details of Avento's funding rounds and investors

The founders of Avento is Andre Knaepen.

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

Andre Knaepen: Founder of Avento.
Stefania Donnabella: CEO of Avento.

View details of Avento's Founder profiles and Board Members

Avento's employee count trend

Avento has 5,114 employees as of Dec 25. Here is Avento's employee count trend over the years:

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Top competitors of Avento include IBM, UST and Mindtree. Here is the list of Top 10 competitors of Avento, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	IBM 1911, United States, Public	Provider of hybrid cloud, artificial intelligence, and consulting services	-	Berkshire Hathaway, Runway & 17 others	80/100
2nd	UST 1999, Aliso Viejo (United States), Late Stage	Provider of data analytics, cloud modernization, management strategy, and digital transformation services	$250M	Temasek, MFAR & 1 others	80/100
3rd	Mindtree 1999, Bengaluru (India), Acquired	Consulting and implementations company	$23.9M	Global Technology Ventures, Capital Group ... & 9 others	79/100
4th	Hewlett Packard Enterprise 2015, Houston (United States), Public	Provider of edge-to-cloud solutions, products, and services for enterprise organizations	-	Draper Athena, Kleiner Perkins & 2 others	79/100
5th	Accenture 1989, Dublin (Ireland), Public	Provider of IT consulting, technology, and outsourcing services	-	ngn-capital.com, Bondeinvest.com & 6 others	76/100
6th	Happiest Minds 2011, Bengaluru (India), Public	Provider of IT suite services	$64.8M	Canaan, Trident Trust & 40 others	76/100
7th	Infosys 1981, Bengaluru (India), Public	Provider of digital marketing, data analytics, and IT services	-	Seaside Private Capital, Nepean Capital & 1 others	75/100
8th	Virtusa 1996, Westborough (United States), Acquired	IT services company	$45.2M	Back Bay Group, Orogen Group & 8 others	73/100
9th	Datamatics 1975, Mumbai (India), Public	Provider of digital technologies, business process management, analytics, and automation services	$3M	IIML	73/100
10th	Sutherland 1986, Pittsford (United States), Late Stage	Provider of business process and technology management services	$60M	Affirma Capital, Oak Investment Partners & 3 others	73/100
56th	Avento 1992, Mechelen (Belgium), Acquired	Provider of IT solutions and services across diverse industries	-	Corda Campus, LRM & 2 others	65/100

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Avento has not made any investments yet. Avento has made 11 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Dec 21, 2023	Acquisition	Key-Performance	2000	Louvain la Neuve (Belgium)
Aug 09, 2023	Acquisition	Computer Task Group	1966	Buffalo (United States)
Jun 08, 2022	Acquisition	DexMach	2011	Temse (Belgium)