Avilabs Overview

  • Year Founded
  • 2019

Year Founded

  • Status
  • Private

  • Employees
  • 41

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $8.87M

  • Investors
  • 3

Avilabs General Information

Description

Developer of an airline disruption management platform designed to automate passenger support during flight delays and cancellations. The company's platform offers Plan3, an automated disruption management platform, along with the ImPax Report for analyzing passenger impacts and the Grounded Summit for industry collaboration, enabling airlines to reduce disruption impacts, improve passenger experiences, and optimize operations.

Contact Information

Website
www.avilabs.is
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Sóltúni 26
  • Reykjavik, 105
  • Iceland
Primary Industry
Business/Productivity Software
Other Industries
Air
Automation/Workflow Software
Vertical Market Software
Vertical(s)
Mobility Tech, SaaS, Artificial Intelligence & Machine Learning
Corporate Office
  • Sóltúni 26
  • Reykjavik, 105
  • Iceland

Avilabs Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Avilabs Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Later Stage VC 15-Oct-2024 $8.87M Completed Generating Revenue
2. Accelerator/Incubator 01-Jan-2024 Completed Generating Revenue
1. Seed Round 01-Nov-2023 $3.03M $3.03M Completed Generating Revenue
To view Avilabs’s complete valuation and funding history, request access »

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Avilabs Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Avilabs Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds
Frumtak Ventures Venture Capital Minority
KLAK - Icelandic startups Accelerator/Incubator
Brunnur Ventures Venture Capital Minority
To view Avilabs’s complete investors history, request access »

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Avilabs FAQs

  • When was Avilabs founded?

    Avilabs was founded in 2019.

  • Where is Avilabs headquartered?

    Avilabs is headquartered in Reykjavik, Iceland.

  • What is the size of Avilabs?

    Avilabs has 41 total employees.

  • What industry is Avilabs in?

    Avilabs’s primary industry is Business/Productivity Software.

  • Is Avilabs a private or public company?

    Avilabs is a Private company.

  • What is Avilabs’s current revenue?

    The current revenue for Avilabs is .

  • How much funding has Avilabs raised over time?

    Avilabs has raised $11.9M.

  • Who are Avilabs’s investors?

    Frumtak Ventures, KLAK - Icelandic startups, and Brunnur Ventures have invested in Avilabs.

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