Current portfolio

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

  • Sector
    Technology
  • Country
    United States
  • Responsible Advisor
    Arvindh Kumar
  • Fund
    EQT X
  • Entry
    2024
Avetta

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

  • Chairperson
    Scott Stephenson
  • Board member
    Shanti Atkins
  • Board member
    Arvindh Kumar
  • Board member
    Tyler Parker

Management

  • CEO
    Arshad Matin
  • CFO
    Brandon Grinwis
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