Averetek, Inc.
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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 Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Averetek, Inc. | - |
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Averetek, Inc. - employee data


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