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 2925 active competitors, including 195 funded and 75 that have exited. Its top competitors include companies like Toast, Olo and Odeko.
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
73rd among 2925 active competitors
Employee Count
153 as on Aug 31, 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) | - |
Sign up to download Avero's company profile
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 153 employees as of Aug 26. Here is Avero's employee count trend over the years:
Uncover Avero's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Avero's Competitors and alternates
Top competitors of Avero include Toast, Olo and Odeko. Here is the list of Top 10 competitors of Avero, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
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 | 80/100 | |
3rd |  Odeko 2019, New York City (United States), Series E | Provider of online ordering solution for coffee businesses | $296M | 77/100 | |
4th | Paytronix 2001, Newton (United States), Acquired | Provider of digital guest engagement platform for restaurants and c-stores | $75M | 71/100 | |
5th | Foodics 2014, Riyadh (Saudi Arabia), Series C | Cloud-based POS and restaurant management system for efficient operations | $194M | 70/100 | |
6th | TouchBistro 2010, Toronto (Canada), Acquired | Cloud-based POS and restaurant management system | $321M | 69/100 | |
7th |  MarginEdge 2015, Arlington (United States), Series D | Restaurant management software providing real-time data and back-office automation | $184M | 64/100 | |
8th | Tillster 2006, San Diego (United States), Series C | Restaurant digital ordering solutions: online, mobile, delivery, kiosk, and data science | $90.4M | 63/100 | |
9th |  Restaurant365 2011, Irvine (United States), Series C | Cloud-based platform for restaurant management | $283M | 63/100 | |
10th | Popmenu 2016, Atlanta (United States), Series C | Restaurant marketing platform that grows sales automatically | $87M | 63/100 | |
73rd | Avero 1999, New York City (United States), Unfunded | Business Intelligence platform for restaurants | - | - | 44/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Avero's competitors? Click here to see the top ones
Avero's Investments and acquisitions
Avero has made 1 investment in BSG Hospitality and acquired VinTank.Reports related to Avero
Here is the latest report on Avero's geography:
News related to Avero
•
xnPOS partners with Avero to help hotels optimize their F&B performanceHospitality Net•Dec 05, 2023•xnPOS, Avero
•
BSG Hospitality raises seed funding via FDI led by Avero InternationalAsian News International•Jul 19, 2022•BSG Hotels Limited, Avero
•
Bluesound Professional Announces Two New European Distribution PartnersNewswire•Aug 24, 2020•Bluesound Professional, Kinovox Scandinavia, avero.com.ua, Avero
•
M3, Avero Partnership Expands Cloud-Based Accounting Services to Food & Beverage IndustryHospitalitytech•Jun 29, 2020•M3, Avero
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Avero
Explore our recently published companies
- Way - Helsinki based, 2024 founded, Seed company
- Delite - Hyderabad based, 2010 founded, Unfunded company
- Yuki - Tel Aviv based, 2023 founded, Seed company
- Hedgepointcapital.com - 2021 founded, Funding Raised company
- MicroRoboTech - Hangzhou based, 2025 founded, Series A company
- Semper Plugins - Durham based, 2011 founded, Acquired company
