Avanti Software Inc

Based in Alberta, Canada, and founded in 1980, Avanti Software Inc, d. b. a. Avanti operates as a payroll and human resources (HR) software company is a developer of payroll management software intended to serve mid-sized Canadian organizations across all industries.

In February 2022, Avanti Software Inc raised CAD 15 million in a debt financing round led by new investor Scotiabank and unspecified investors. The round was part of a larger CAD 25 million equity and debt funding. As of February 2022, Amin Lalani and David Owen Cord are the joint CEOs of Avanti Software Inc. and employ about 110 employees.

Avanti Software offers cloud-based HCM (human capital management) solutions, including payroll management, people management, workforce management, talent acquisition, integrations, and Avanti go. The payroll management service allows organizations to manage, integrate, and manage payroll practices. The people management service helps businesses to manage their employee lifecycles, along with employees’ milestone tracking. The workforce management service allows organizations to make their payroll and budget planning easy.

Avanti Software plans to use its proceeds from February 2022 funding to expand product and engineering teams to accelerate its cloud platform development and complete the transformation of its on-premises software. The company also plans to grow its team to 130 people in 2022 and 180 in the next three years.