The Athene Group, LLC

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.

The Athene Group, LLC - overview

Established

2001

Location

Herndon, VA, US

Primary Industry

IT Infrastructure

About

The Athene Group, LLC is a technology solutions provider focused on delivering innovative software platforms to enhance operational efficiency and decision-making for mid to large-sized enterprises across various industries. Founded in 2001 and headquartered in Herndon, US, The Athene Group, LLC specializes in technology solutions. The company has participated in one deal, with the most recent transaction occurring on December 6, 2018, when it was acquired by Sagewind Capital and Berenson & Company, along with Insight Venture Partners and Salesforce Ventures. The CEO is Sanjeev Kumar.


The company specializes in providing a range of innovative technology solutions tailored to address specific industry challenges. Their core product offerings include advanced software platforms designed for data analytics, customer relationship management, and operational efficiency, which are aimed at enhancing productivity and decision-making for businesses. These solutions are utilized primarily by mid to large-sized enterprises across various sectors, including finance, healthcare, and manufacturing. The company's products have been released in multiple geographical markets, with significant penetration in North America and Europe, allowing for a diverse clientele that includes high-profile corporations and emerging startups.


By delivering tailored functionalities that cater to specific user needs, the company positions itself as a key player in the technology solutions landscape. The company's revenue model is structured around a mix of subscription services and direct partnerships with various enterprises. Transactions typically occur on a B2B basis, where clients engage in annual subscriptions for access to the software platforms and ongoing support services. Pricing plans are formulated based on the scale of usage and the specific features required by the client, allowing for a flexible pricing strategy that accommodates both small businesses and large corporations.


Key offerings, including flagship software solutions, are designed to provide comprehensive support tailored to client needs, further enhancing their operational capabilities. The Athene Group, LLC is focused on expanding its product line with new software solutions set to launch in the upcoming year, aiming to address evolving industry needs. The company is also looking to penetrate additional markets in Asia and South America by 2025. The recent acquisition funding from December 2018 will be utilized to support these initiatives, enhancing product development and market outreach.


Current Investors

Insight Partners, Berenson & Company, Salesforce Ventures

Primary Industry

IT Infrastructure

Sub Industries

IT Infrastructure, Storage Management Software, Customer Relationship Management, Application Integration Software

Website

www.theathenegroup.com

Verticals

Cloud Computing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

The Athene Group, LLC - 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)
BuyoutCompletedThe Athene Group, LLC-

Displaying 1 - 1 of 1

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.