Aavenir is a SaaS-based source-to-pay solutions provider committed to making the routine work, smarter, easier and joyful through technology.
Aavenir's solution enables businesses to manage contract authoring, negotiations, signatures and renewals using artificial intelligence (AI) and machine learning algorithms.
Aavenir was founded in 2019 by Jesal Mehta. The company is headquartered in Plano, Texas and Ahmedabad, Gujarat.
Aavenir’s next-gen Source-to-Pay suite revolutionizes age-old procurement processes by using the latest Machine Learning and Natural Language Processing technologies to reduce cycle time.
Aavenir SaaS-based source-to-pay solutions are powered by the most advanced cloud-based ServiceNow platform that is delivering unified digital workflows to create great experiences and unlock productivity for approximately 5,400 enterprise customers worldwide, including Fortune 500 companies.
Aavenir’s source-to-pay solution offers integrated products including Contractflow for contract lifecycle management, RFPflow for sourcing management, and Invoiceflow for accounts payable automation to enable efficient sourcing, procurement, and contracting processes.
Aavenir has raisd $2M in a Seed round on April 14, 2020. The investment was led by global venture capital firm Accel.