Averetek, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Averetek, Inc. - overview

Established

2000

Location

Edmonds, WA, US

Primary Industry

Software

About

Averetek, Inc. specializes in providing advanced digital marketing solutions designed to enhance customer engagement and drive business growth across various sectors. Founded in 2000 and headquartered in Edmonds, US, Averetek, Inc. is focused on delivering innovative digital marketing services.


The company was acquired by E2open, LLC, a portfolio company of Insight Partners, in June 2019, although financial terms were not disclosed. Averetek, Inc. offers a range of digital marketing solutions that enable businesses to effectively engage with their customers. Key services include targeted marketing campaigns and data analytics, aimed at optimizing customer outreach and enhancing brand visibility.


Their platforms cater to industries seeking to improve their market presence and engagement strategies. Averetek, Inc. operates on a subscription-based revenue model, forming long-term partnerships with clients who utilize their digital marketing services. Revenue is generated through business-to-business (B2B) transactions, with clients subscribing to various service tiers tailored to their marketing needs.


Averetek, Inc. plans to expand its product offering by launching new digital marketing tools aimed at enhancing customer engagement by the end of 2023. Additionally, the company aims to penetrate new geographic markets, particularly in North America and Europe, by 2024. Recent funding from E2open will support these initiatives, focusing on enhancing their technology and service capabilities.


Current Investors

E2open, LLC

Primary Industry

Software

Sub Industries

Consulting Services, Sales & Marketing Software, Content Management Software

Website

www.averetek.com

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Averetek, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedAveretek, Inc.-

Displaying 1 - 1 of 1

Averetek, Inc. - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.