Name: Avrios
Brand: Avrios
SKU: 68750755536d0cb6b0a0aacd
Rating: 4.7 (90 reviews)

Overview of Avrios Software Company

Avrios is a Zurich-based software company specializing in cloud-based fleet management solutions. Known for its award-winning SaaS platform, Avrios helps organizations across Europe digitize and automate fleet operations, offering transparency, compliance, and cost control. The company is recognized for rapid growth and innovation in the fleet management sector, supporting both small businesses and large enterprises.

Headquarters: Zurich, Switzerland
Founded: 2015
Employees: Approximately 56 (as of 2024)
Revenue: $13.2 million (2024)
Industry Focus: Software, Big Data, Logistics, Automotive, SaaS

Founding and Growth

Avrios was founded in 2015 by Andreas Brenner, Robin Guldener, and Roger Jäggi. The founders identified inefficiencies in traditional fleet management, such as reliance on spreadsheets and manual processes, and set out to create a digital platform to streamline and modernize fleet operations. Avrios quickly established itself as a leader in the European fleet management market, expanding its customer base to over 1,000 companies and managing more than 120,000 vehicles across Europe.

Key growth milestones include:

Rapid customer acquisition, reaching over 600 customers within three years.
Expansion into new mobility solutions, including support for electric vehicles and shared mobility models.

Funding and Valuation

Avrios has raised significant venture capital to fuel its growth and product development:

Total Funding: Approximately $18 to $21 million raised over seven funding rounds.

Major Investors: Swisscom Ventures, Edenred Capital Partners, Lakestar, Notion Capital, Columbia Lake Partners, and Battery Ventures.

Series B Funding: Raised about €12.8 million (approximately $14 million) in October 2019.

Acquisition: In January 2023, Avrios was acquired by Battery Ventures, which also acquired Vimcar, aiming to create a leading pan-European fleet management provider.

While exact valuation figures are not public

Product Offerings and Features

Avrios delivers a comprehensive, cloud-based fleet management platform with a wide range of features:

Core Features:
- Route planning and optimization
- Cost, mileage, and fuel tracking
- Maintenance and repair tracking
- Real-time GPS tracking
- Deadline reminders and compliance checks
- Digital documentation and contract management
- Automated KPI reporting and analytics
Advanced Capabilities:
- AI-driven notifications and recommendations
- Integration with external systems such as fuel cards and telematics
- Support for electric vehicle management and sustainability reporting
- Custom fields and organizational structures for tailored workflows
- Corporate car-sharing and flexible mobility options
Benefits:
- Reduces fleet management overhead by up to 30%
- Cuts fleet costs by approximately 10%
- Ensures full compliance with data privacy and liability laws

Acquisitions and Product Expansion

Acquisition by Battery Ventures (2023): Avrios joined forces with Vimcar, another leading fleet management software provider. This strategic move aims to create a pan-European market leader by combining resources, expertise, and technology to offer a broader, more integrated suite of fleet management solutions.

Product Expansion: The company has continually expanded its feature set to include support for electric vehicles, car-sharing, and integration with new mobility providers. The acquisition is expected to accelerate further product innovation and market reach.

Avrios AI and New Features

Avrios regularly updates its platform with new features and improvements:

Recent enhancements include improved document management through document folders, expanded analytics, and workflow automation tools.

There is a strong focus on sustainability, with features that help companies manage the transition to electric vehicles and optimize charging and emissions reporting.

Ongoing development includes the Avrios Fleet Management Academy and bespoke transportation solutions tailored for enterprise clients.

Company Culture and Values

Avrios is known for its dynamic, inclusive, and outcome-driven culture:

Diversity and Inclusion: The company emphasizes equal pay, diversity, and a welcoming environment, which helps attract top talent and foster innovation.

Employee Development: Avrios offers training, flexible work arrangements, and opportunities for personal and professional growth.

Customer Focus: A strong commitment to customer success, transparency, and rapid learning underpins the company’s approach to product development and support.

Sustainability: Avrios is committed to helping businesses transition to greener fleets and more sustainable mobility solutions.

User Base and Community

Customer Base: Over 1,000 customers across Europe, managing more than 120,000 vehicles.

Industries Served: Construction, technical field services, healthcare, manufacturing, government, and more.

Community Engagement: Avrios maintains an active user community, offering webinars, training, and a knowledge base. The company also collaborates with partners and participates in industry events to drive innovation and best practices in fleet management.

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