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 Aug 31, 2026, the latest employee count at Avento is 5207.

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 between €100M and €500M as on Dec 31, 2024

Where does Avento rank among its competitors?

Avento ranks 52nd amongst 137302 active competitors, of which 978 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Hewlett Packard Enterprise, which secured $118K in Sep, 2025.

Who are the top competitors of Avento?

Avento's top competitors include UST, IBM and Infosys. Among them, Hewlett Packard Enterprise secured the most recent funding round in September, 2025.

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 137302 active competitors, including 978 funded and 7707 that have exited. Its top competitors include companies like UST, IBM and Infosys.

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

52^nd among 137302 active competitors

Annual Revenue

€100M - €500M as on Dec 31, 2024

Employee Count

5,207 as on Aug 31, 2026

Investment & Acquisitions

Lean Projects & 11 more

Similar Companies

UST & 160978 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	Reports
CEGEKA CIN: 0882.419.490 , Belgium, Active	Jul 03, 2006	€100M - €500M (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	6406819	PE	8912723	3823052	2354304	4406065
Jul 31, 2017	9335158	Grant (prize money)	9458205	7940388	4299404	Europa
Aug 02, 2016	7618881	Grant (prize money)	5316777	2275002	8477261	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 5,207 employees as of Aug 26. Here is Avento's employee count trend over the years:

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Top competitors of Avento include UST, IBM and Infosys. 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	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	76/100
2nd	IBM 1911, Armonk (United States), Public	Provider of hybrid cloud, artificial intelligence, and IT consulting services	-	Berkshire Hathaway, Runway & 22 others	76/100
3rd	Infosys 1981, Bengaluru (India), Public	Provider of consulting, data analytics, and IT services	-	Nepean Capital, Seaside Private Capital & 1 others	75/100
4th	Hewlett Packard Enterprise 2015, Houston (United States), Public	Provider of edge-to-cloud solutions, products, and services for enterprise organizations	-	Kleiner Perkins, Draper Athena & 3 others	74/100
5th	Datamatics 1975, Mumbai (India), Public	Provider of digital technologies, business process management, analytics, and automation services	$3M	IIML	73/100
6th	Happiest Minds Technologies 2011, Bengaluru (India), Public	Provider of IT suite services	$64.8M	Canaan, Trident Trust & 37 others	73/100
7th	Virtusa 1996, Westborough (United States), Acquired	IT services company	$45.2M	EQT, Back Bay Group & 8 others	73/100
8th	Mindtree 1999, Bengaluru (India), Acquired	Consulting and implementations company	$23.9M	Global Technology Ventures, Walden Israel ... & 9 others	73/100
9th	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
10th	Accenture 1989, Dublin (Ireland), Public	Provider of IT consulting, technology, and outsourcing services	-	ngn-capital.com, Bondeinvest.com & 6 others	73/100
52nd	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 12 acquisitions.

Here is the list of latest three $acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
May 29, 2026	Acquisition	Lean Projects	2002	Schafisheim (Switzerland)
Dec 21, 2023	Acquisition	Key-Performance	2000	Louvain la Neuve (Belgium)
Aug 09, 2023	Acquisition	Computer Task Group	1966	Buffalo (United States)