Avantra secures investment from Resurgens Technology Partners to scale operations
$500M
Avantra provides software solutions for monitoring and automating SAP operations. Its platform helps enterprises reduce operational costs and improve system uptime.
Avantra has secured an investment from Resurgens Technology Partners to accelerate its growth and scale operations. The partnership will provide resources to develop its automation platform for SAP further.
The transaction marks the eighth investment from Resurgens Technology Partners from its second fund. Shea and Company acted as the exclusive financial adviser to Avantra on the deal.
From the founder
"We believe this collaboration will provide us with significant expertise in enterprise software alongside deep operational resources which will play a critical role in fueling Avantra’s next phase of expansion."
JA
John Appleby
CEO at Avantra
Investor perspective
"We’re thrilled to partner with Avantra, which we believe has demonstrated excellence in observability and automation of SAP operations. The company has worked toward creating an industry standard and has established a strong international presence, and we look forward to working closely with John and his team to support their continued success."
AF
Adi Filipovic
Co founder and Managing Director, Resurgens Technology Partners
Use of funds
- 01Scale operations
- 02Continue product development
Investors
Categories
About the company
Avantra
Avantra develops software for monitoring and automating SAP operations.
$500MRaised