AvePoint

Cloud and data management solutions provider

Jersey City, New Jersey, United States

About AvePoint

AvePoint provides cloud, compliance, data governance, and management solutions aimed at helping organizations with their digital transformation. The company offers software tools that facilitate the migration, management, and protection of data in cloud environments, particularly for platforms like Office 365 and SharePoint. These tools ensure compliance with regulations, secure data, and enhance data governance. What sets AvePoint apart from its competitors is its focus on large enterprises, government agencies, and not-for-profits, along with its commitment to social responsibility through software donations and advocacy for broadband access. The goal of AvePoint is to empower organizations to improve productivity and collaboration while effectively managing their data in the cloud.

Jersey City, New JerseyHeadquarters
2001Year Founded
$418.3MTotal Funding
IPOCompany Stage
Enterprise Software, Social Impact, CybersecurityIndustries
1,001-5,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
Hybrid Work Options
401(k) Retirement Plan
401(k) Company Match
Flexible Work Hours
Remote Work Options
Professional Development Budget

Risks

Emerging AI-powered solutions could erode AvePoint's market share.
Rapid AI advancements may require significant investment for AvePoint to keep up.
Over-reliance on Microsoft platforms poses risks if strategic changes occur.

Differentiation

AvePoint's AI Lab in Singapore enhances innovation in AI-focused data management solutions.
Winning the 2024 Microsoft Partner of the Year Award boosts AvePoint's market credibility.
AvePoint's FedRAMP authorization expansion strengthens its position in the government sector.

Upsides

AvePoint Opus integrates AI to optimize SaaS operations, attracting enterprise clients.
Collaboration with ALSO Cloud UK highlights AvePoint's commitment to cybersecurity.
Investments from firms like Russell Investments indicate strong market confidence in AvePoint.

Funding

Total raised$418.27 M
Latest valuation$2.00 B
StageIPO
POST IPO EQUITY
4/30/2024
$4
$305
$2.00 B
SPAC PRIVATE PLACEMENT
10/31/2020
$140
$2.00 B
SERIES C
12/31/2019
$200
$1.00 B
GROWTH EQUITY VC
3/31/2014
$90
$765.00 M