Avrios Raised CHF 14m in a Series B Financing Round
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Avrios International, with more than 800 customers and more than 80,000 managed vehicles closes a Series B financing round of 14 million Swiss francs.
The Venture Kick and TOP 100 startup started its digital fleet management solution in 2015. The new capital will be provided by existing investors Lakestar and Notion Capital, as well as new investors Swisscom Ventures, Edenred Capital Partners and Columbia Lake. Avrios intends to invest the fresh capital in product development, the expansion of existing customer relationships and new employees. "We are very pleased with the successful conclusion of the Series B financing round," says CEO and founder Andreas Brenner. "It testifies to the confidence that both our existing and new investors are placing in us. With the capital, we will build on our vision.