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Avantra received an investment from Resurgens Technology Partners to accelerate its growth and expand its AIOps platform for SAP operations.

PRIVATEOct 01, 2024

Round Type

Venture

Information TechnologySoftwareEnterprise SoftwareSaaS

Investors

Resurgens Technology Partners

Description

Resurgens Technology Partners has invested in Avantra, a leading provider of software solutions for SAP operations. This partnership is aimed at scaling Avantra's operations and enhancing its AIOps platform to further optimize IT management.

Quick answer

Avantra raised an undisclosed amount in a funding round, dated October 1, 2024. Investors: Resurgens Technology Partners.

How much did Avantra raise?
Avantra raised an undisclosed amount in a funding round on October 1, 2024.
Who invested in Avantra?
Resurgens Technology Partners is named as investors in this round.
What does Avantra do?
Avantra helps businesses achieve commercial success and competitive advantage by saving time and resources, reducing issues, and supporting growth.
Who are the decision-makers at Avantra?
Fundz holds 1 contact at Avantra. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Enterprise Software and SaaS around the same time

Companies in the same sectors as Avantra that raised within 45 days of this round, from Fundz verified event records.

  • TestSprite raised $1.5M (Pre-Seed) on November 14, 2024.
  • Zeplyn raised $3M (Seed) on November 13, 2024.
  • Qminder raised $3.2M (Seed) on November 12, 2024.
  • Siit raised $5M (Seed) on November 7, 2024.
  • Plato raised $6.5M (Pre-Seed) on November 4, 2024.
  • Lane Four raised an undisclosed amount (Private Equity) on November 2, 2024.

Who to call at Avantra, and when

A new round usually means Avantra is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Avantra raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Avantra, from your own LinkedIn network

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Company Information

Company

Avantra

About

Avantra helps businesses achieve commercial success and competitive advantage by saving time and resources, reducing issues, and supporting growth. Our customers save at least 30% in SAP operations costs, giving them the edge in a market where resources are tight. Today, some of the world’s largest organizations use Avantra to transform from reactive to proactive. This results in significant time and cost benefits across their business by avoiding human error, assuring quality, and delivering a single source of truth. The unmatched intelligence of Avantra gives you freedom from system downtime, real SAP context for your whole technology stack, and time for higher value projects. Customers rely on the Avantra platform to bring intelligent automation to their SAP operations, creating time to build a future path to hyperautomation success.

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Fundz sees it the moment Avantra raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Avantra raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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