The Athene Group, LLC
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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 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | The Athene Group, LLC | - |
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