Avetta
Leading cloud-based supply chain risk management platform
Avetta’s solutions improves the resilience of supply chains worldwide by helping hiring clients and suppliers manage their supply chain risk effectively
- SectorTechnology
- CountryUnited States
- Responsible AdvisorArvindh Kumar
- FundEQT X
- Entry2024
Founded in 2003 and headquartered in Lehi, Utah, Avetta’s innovative SaaS platform enables customers to mitigate supply chain risk complexity by managing supplier risk factors across health, safety and sustainability, among other risk vectors. The two-sided network of clients and suppliers facilitates contractor prequalification and worker competency management at scale across major industries globally, resulting in reduced accident levels, improved compliance rates, higher levels of operational, sustainability, and ethical excellence, and increased supplier eligibility for jobs.
Market trends and drivers
Global supply chains face increasing complexity from globalization and digitization, as well as heightened safety, compliance and sustainability requirements. Backed by decades of innovation and established global scale across industries, Avetta helps companies mitigate this complexity and drive sustainable resilience for clients and suppliers.
Investment potential
EQT will support Avetta in its growth and innovation journey through the development of new products and technologies that enhance the value proposition for both hiring clients and suppliers, adoption of AI / automation, and global expansion to make global supply chains more resilient, safe, and sustainable.
Board of directors
- ChairpersonScott Stephenson
- Board memberShanti Atkins
- Board memberArvindh Kumar
- Board memberTyler Parker
Management
- CEOArshad Matin
- CFOBrandon Grinwis