When was Averna founded?

Averna was founded in 1999 and raised its 1st funding round 16 years after it was founded.

Where is Averna located?

Averna is headquartered in Montreal, Canada.

How many employees does Averna have?

As of Aug 31, 2026, the latest employee count at Averna is 630.

Is Averna a funded company?

Averna is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on Apr 02, 2015.

When was the latest funding round of Averna?

Averna's latest funding was a $***** Series A round on Apr 06, 2021, with participation from 3 investors.

Where does Averna rank among its competitors?

Averna ranks 1st amongst 42 active competitors, of which 5 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Made Smarter, which secured $1.34M in Apr, 2025.

Who are the top competitors of Averna?

Averna's top competitors include Made Smarter, Sastra Robotics and IMT Technologies & Solutions. Among them, Made Smarter secured the most recent funding round in April, 2025.

Averna - 2026 Company Profile, Funding & Competitors

Company Details

Provider of automated test systems, measurement solutions and test engineering services. The company designs and integrates functional test equipment, in-line test systems, and vision-inspection platforms used to validate electronic, electromechanical and connected products throughout prototyping, production and repair stages. Offerings include RF signal testers, protocol and connectivity test tools, machine-vision based inspection, precision assembly systems, and smart data management software for capturing and analyzing test results. Services cover consulting, test strategy, system architecture, automation software development, build-to-print manufacturing, and global support for manufacturers across industries such as automotive, communications, consumer electronics, life sciences and semiconductors.

Key Metrics

Founded Year

1999

Location

Montreal, Canada

Stage

Series A

Latest Funding Round

Series A, Apr 06, 2021, $*****

Investors

Invest Quebec & 5 more

Ranked

1^st among 42 active competitors

Employee Count

630 as on Aug 31, 2026

Investment & Acquisitions

GES & 4 more

Similar Companies

Made Smarter & 43 more

View Averna's full profile

Averna has raised funding over 3 rounds. Its first funding round was on Apr 02, 2015. Its latest funding round was a Series A round on Apr 06, 2021 for $*****. 3 investors participated in its latest round. Averna has 6 institutional investors.

Here is the list of recent funding rounds of Averna:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 06, 2021	1623115	Series A	3832023	1173289	2351243	5718149
Jan 02, 2017	3286296	Grant (prize money)	2291299	7595583	2907559	Europa
Apr 02, 2015	4203808	PE	4850344	8333305	7470284	Tandem Expansion Fund

Access funding benchmarks and valuations. Sign up today!

View details of Averna's funding rounds and investors

Averna's employee count trend

Averna has 630 employees as of Aug 26. Here is Averna's employee count trend over the years:

Uncover Averna'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 Averna include Made Smarter, Sastra Robotics and IMT Technologies & Solutions. Here is the list of Top 10 competitors of Averna, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Averna 1999, Montreal (Canada), Series A	Provider of automated test systems, measurement solutions and test engineering services	-	Walter Capital Partners, Europa & 4 others	53/100
2nd	Made Smarter 2017, Douglas (United Kingdom), Seed	Platform supporting digital transformation and innovation in the UK manufacturing industry	$1.34M	-	46/100
3rd	Sastra Robotics 2013, Ernakulam (India), Seed	Manufacturer of consumer and industrial use robots	$185K	Callapina, CIE IIITH & 6 others	45/100
4th	IMT Technologies & Solutions 2012, Valasske Mezirici (Czech Republic), Unfunded	Provider of testing and inspection technologies	-	-	29/100
5th	Servotech 2004, Chicago (United States), Unfunded	Provider of engineering services for industrial technology and software development	-	-	25/100
6th	SSPL Systems & Technologies 2017, Hyderabad (India), Unfunded	Provider of customized automation solutions for industrial product and process evaluation	-	-	25/100
7th	Goepel 1997, Germany, Unfunded	Manufacturer of test and inspection systems for electronic components and assemblies	-	-	25/100
8th	Ug Systems 2008, Bamberg (Germany), Public	Provider of automation and test systems for electronic and mechatronic components	-	-	25/100
9th	Vision Future 2016, Shenzhen (China), Seed	Manufacturer of printed circuit boards integrated with custom software algorithms	$153K	-	24/100
10th	MESCO 1990, Lorrach (Germany), Unfunded	Developer of industrial hardware and embedded software for automation systems	-	-	22/100

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

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

Averna has not made any investments yet. Averna has made 5 acquisitions.

Here is the list of latest three $acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Aug 02, 2024	Acquisition	GES	2006	San Jose (United States)
Apr 09, 2024	Acquisition	ELCOM	1990	Prague (Czech Republic)
May 23, 2023	Acquisition	ProNES	2002	Landau (Germany)