Avero - About the company
Avero is an unfunded company based in New York City (United States), founded in 1999 by Damian Mogavero. It operates as a Business Intelligence platform for restaurants. Avero has not raised any funding yet. The company has 1916 active competitors, including 183 funded and 64 that have exited. Its top competitors include companies like Toast, Olo and Paytronix.
Company Details
Avero provides business intelligence SaaS to restaurants. Its slingshot platform integrates with PoS to gather sales information and provides insights and trends about sales, employee performance and productivity, budget tracking, campaign performance, restaurant theft and alerts, benchmarking etc. Avero currently processes more than $14 billion in annual Food & Beverage transactions and has over 17,000 users.
Key Metrics
Founded Year
1999
Location
New York City, United States
Stage
Unfunded
Ranked
101st among 1916 active competitors
Employee Count
143 as on Apr 30, 2026
Investment & Acquisitions
Legal entities associated with Avero
Avero is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Avero, LLC CIN: 20-4977018 , United States, Active | Dec 31, 1998 | - | 32 (As on Dec 31, 2021) | - |
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Avero's funding and investors
Avero has not raised any funding rounds yet.
Avero's founders and board of directors
Founder? Claim ProfileThe founders of Avero is Damian Mogavero. Douglas Hsieh is the CEO of Avero.
Here are the details of Avero's key team members:
- Damian Mogavero: Chief Executive Officer & Founder of Avero.
- Douglas Hsieh: CEO of Avero. Contact Info: 1 email address
View details of Avero's Founder profiles and Board Members
Avero's employee count trend
Avero has 143 employees as of Apr 26. Here is Avero's employee count trend over the years:
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Avero's Competitors and alternates
Top competitors of Avero include Toast, Olo and Paytronix. Here is the list of Top 10 competitors of Avero, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Toast 2011, Boston (United States), Public | Cloud-based point of sale and management system for restaurants | $900M | 82/100 | |
2nd | Olo 2005, New York City (United States), Acquired | Provider of a platform for restaurant brands to manage digital operations | $73.6M | 81/100 | |
3rd | Paytronix 2001, Newton (United States), Acquired | Provider of digital guest engagement platform for restaurants and c-stores | $75M | 70/100 | |
4th | Odeko 2019, New York City (United States), Series E | Provider of online ordering solution for coffee businesses | $296M | 69/100 | |
5th | Tillster 2006, San Diego (United States), Series C | Restaurant digital ordering solutions: online, mobile, delivery, kiosk, and data science | $90.4M | 68/100 | |
6th | TouchBistro 2010, Toronto (Canada), Series E | Cloud-based POS and restaurant management system | $321M | 67/100 | |
7th | Zenput 2011, San Francisco (United States), Acquired | Platform offering software for mobile sales data collection | $47M | 67/100 | |
8th | SynergySuite 2011, Dublin (Ireland), Series B | AI-powered restaurant management software for streamlined operations and increased profitability | $28.6M | 65/100 | |
9th | Foodics 2014, Riyadh (Saudi Arabia), Series C | Cloud-based POS and restaurant management system for efficient operations | $198M | 65/100 | |
10th | Restaurant365 2011, Irvine (United States), Series C | Cloud-based platform for restaurant management | $283M | 63/100 | |
101st | Avero 1999, New York City (United States), Unfunded | Business Intelligence platform for restaurants | - | - | 44/100 |
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Avero's Investments and acquisitions
Avero has made 1 investment in BSG Hospitality and acquired VinTank.News related to Avero
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xnPOS partners with Avero to help hotels optimize their F&B performanceHospitality Net•Dec 05, 2023•xnPOS, Avero
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BSG Hospitality raises seed funding via FDI led by Avero InternationalAsian News International•Jul 19, 2022•BSG Hotels Limited, Avero
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M3, Avero Partnership Expands Cloud-Based Accounting Services to Food & Beverage IndustryHospitalitytech•Jun 29, 2020•M3, Avero
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