When was Avvio founded?

Avvio was founded in 2002 and raised its 1st funding round 12 years after it was founded.

Where is Avvio located?

Avvio is headquartered in Limerick, Ireland.

Who is the current CEO of Avvio?

Frank Reeves of Avvio. They have also founded 1 company.

How many employees does Avvio have?

As of Jul 01, 2024, the latest employee count at Avvio is 86.

Is Avvio a funded company?

Avvio is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on Nov 04, 2014.

When was the latest funding round of Avvio?

Avvio's latest funding was a $***** PE round on Nov 04, 2014, with participation from 1 investor. Its primary sector is Hotel IT. Globally, the Hotel IT sector has seen $329M in funding in 2026 to date.

Where does Avvio rank among its competitors?

Avvio ranks 17th amongst 654 active competitors, of which 26 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Group360, which secured an undisclosed amount in Jan, 2025.

Who are the top competitors of Avvio?

Avvio's top competitors include Eviivo, RateHawk and HyperGuest. Among them, Group360 secured the most recent funding round in January, 2025.

Avvio - 2026 Company Profile, Team, Funding & Competitors

Avvio is an acquired company based in Limerick (Ireland), founded in 2002 by Frank Reeves. It operates as an AI-enabled booking engine for the hospitality industry. Avvio has raised $5.59M in funding from Calculus Capital. The company has 654 active competitors, including 26 funded and 34 that have exited. Its top competitors include companies like Eviivo, RateHawk and HyperGuest.

Company Details

Avvio provides an AI-enabled booking engine for hotels. Offers 'Allora', an AI-driven booking engine that enables users to take bookings and payments directly on their website. Features include an integrated service chatbot, AI-enabled personalized recommendations, e-mail automation for customer notifications, and reporting. Additionally, the company also provides web design/development and digital marketing services (includes PPC, SEO, & SMM).

Website: www.avvio.com/
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Key Metrics

Founded Year

2002

Location

Limerick, Ireland

Stage

Acquired

Total Funding

$5.59M in 1 round

Latest Funding Round

PE, Nov 04, 2014, $*****

Investors

Calculus Capital & 1 more

Ranked

17^th among 654 active competitors

Employee Count

86 as on Jul 01, 2024

Similar Companies

RateHawk & 648 more

Exit Details

Acquired by Shr (Nov 15, 2022)

View Avvio's full profile

Avvio got acquired by Shr on Nov 15, 2022.

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

Avvio has raised a total funding of $5.59M over 1 round. Its latest funding round was a PE round on Nov 04, 2014 for $*****. 1 investor participated in its latest round. Avvio has 2 institutional investors.

Here is the list of recent funding rounds of Avvio:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 04, 2014	4657516	PE	6681553	6596805	5903962	7600373

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View details of Avvio's funding rounds and investors

The founders of Avvio is Frank Reeves.

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

Frank Reeves: CEO & Co-Founder of Avvio and founder of 2 other companies, Voyria and allora.ai.
Contact Info: 2 email addresses

View details of Avvio's Founder profiles and Board Members

Avvio's employee count trend

Avvio has 86 employees as of Jul 24. Here is Avvio's employee count trend over the years:

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Top competitors of Avvio include Eviivo, RateHawk and HyperGuest. Here is the list of Top 10 competitors of Avvio, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Eviivo 2008, London (United Kingdom), Acquired	End-to-end management solutions provider for vacation rentals	-	Barclays, Blenheim Chalcot	61/100
2nd	RateHawk 2016, United States, Unfunded	Provider of online platform for booking accommodations, flights, and car rentals	-	-	58/100
3rd	HyperGuest 2020, Tel Aviv (Israel), Series A	Provider of a marketplace connecting hotels and travel providers directly	$23M	Lightspeed Venture Partners, Viola Group & 1 others	57/100
4th	Selfbook 2018, New York City (United States), Series A	Provider of a platform streamlining hotel direct bookings through AI search	$42M	Tiger Global Management, TenOneTen & 12 others	56/100
5th	Juniper 1996, Palma (Spain), Acquired	Provider of technology solutions for the global travel and tourism industry	-	Aquila, Juniper Group	56/100
6th	Pruvo 2016, Haifa (Israel), Seed	App-based platform to rebook hotels for travelers	$1.1M	4Founders Capital, Portugal Ventures & 1 others	50/100
7th	Simplotel 2013, Bengaluru (India), Seed	Cloud platform to develop website and booking engine for hotels	$2.11M	MakeMyTrip & 2 others	46/100
8th	ZentrumHub 2021, Pune (India), Unfunded	Provider of an AI-powered platform for hotel booking and connectivity	-	-	46/100
9th	Group360 2013, Kissimmee (United States), Series B	Provider of a platform for group hotel bookings and event spaces	$90.5M	Nashville Capital Network, Zigg Capital & 7 others	46/100
10th	Skipper 2020, New York City (United States), Acquired	SaaS-based platform offering hotel management solutions	$5.8M	Gradient Ventures, Pear VC & 7 others	45/100
17th	Avvio 2002, Limerick (Ireland), Acquired	AI-enabled booking engine for the hospitality industry	$5.59M	Calculus Capital, Princelet Partners	41/100