Avero
Washington D.c., District Of Columbia, United States
Valuation
$9.9M
2021 Revenue
$3.3M
Customers
17K
Funding
$0
Avg ACV
$193
Team
80
Founded
1999
How Avero CEO Douglas Hsieh grew to $3.3M revenue and 17K customers in 2021.
Created by restaurant operators for restaurant operators, Avero is the trusted technology partner for the hospitality industry. We empower over 40,000 restaurant professionals with the answers they need to transform their businesses and their lives, getting them out of the back office and in the kitchen with their staff, on the floor with their guests, and home with their families. Learn more at www.averoinc.com.
Last updated
Avero Revenue
In 2021, Avero's revenue reached $3.3M. Since its launch in 1999, Avero has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2021 | Avero Hit $3.3m revenue in April 2021 | |
| 1999 | Launched with $0 revenue |
Avero Valuation, Funding Rounds
Avero's most recent disclosed valuation is $9.9M.
Avero is a bootstrapped Business Intelligence Software startup. Founded in 1999, Avero has grown to $3.3M in revenue without raising any venture capital or outside funding.
As a self-funded Business Intelligence Software SaaS company, Avero has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Douglas Hsieh
Douglas Hsieh is Chief Executive Officer and a founding Board Member of Avero. Doug has been involved in the business since the company’s inception in 1999, but officially joined Avero in a daily capacity in 2007. Prior to joining Avero, Doug was a principal at Thomas H. Lee Putnam Ventures and a vice president at GE Capital. Doug earned his bachelor’s degree from Dartmouth College.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Avero serves 17K customers.
Avero Employees & Team Size
Avero employs approximately 80 people as of 2026. It serves 17K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2021 | Reached 80 employees (April 2021) |
Frequently Asked Questions about Avero
What is Avero's revenue?
Avero generates $3.3M in revenue.
Who founded Avero?
Avero was founded by Douglas Hsieh.
Who is the CEO of Avero?
The CEO of Avero is Douglas Hsieh.
How much funding does Avero have?
Avero raised $0.
How many employees does Avero have?
Avero has 80 employees.
Where is Avero headquarters?
Avero is headquartered in Washington D.c., District Of Columbia, United States.
Compare Avero to the industry
Avero operates across multiple industries. Browse revenue, funding, and growth data for Avero in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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