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Washington D.c., District Of Columbia, United States
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
In 2021, Avero's revenue reached $3.3M. Since its launch in 1999, Avero has shown consistent revenue growth.
Avero reached a $9.9M valuation in 2025, set during its M&A Offer round.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $9.9M | - |
CEO
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.
| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Avero serves 17K customers.
Avero employs approximately 80 people as of 2026. It serves 17K customers that rely on its solutions.
Avero generates $3.3M in revenue.
Avero was founded by Douglas Hsieh.
The CEO of Avero is Douglas Hsieh.
Avero raised $0.
Avero has 80 employees.
Avero is headquartered in Washington D.c., District Of Columbia, United States.
Avero operates across multiple industries. Browse revenue, funding, and growth data for Avero in each sector below.
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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Valuation
$9.9M
2021 Revenue
$3.3M
Customers
17K
Funding
$0
Avg ACV
$193
Team
80
Founded
1999
| Year | Milestone | Source |
|---|---|---|
| 2021 | Avero Hit $3.3m revenue in April 2021 | |
| 1999 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 80 employees (April 2021) |
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