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Aavenir provides AI-powered contract lifecycle management (CLM) and source-to-pay (S2P) solutions built on the ServiceNow platform. Their offerings aim to streamline procurement processes, including…

Aavenir provides AI-powered contract lifecycle management (CLM) and source-to-pay (S2P) solutions built on the ServiceNow platform. Their offerings aim to streamline procurement processes, including…
Founded: 2019
Headquarters: McKinney, Texas
Product focus: AI-powered CLM and Source-to-Pay on ServiceNow
Flagship product: Aavenir Contractflow
Total funding: $8M
Lead investor: Accel
Procurement inefficiency, contract data visibility, contract and obligation management, sourcing and vendor onboarding.
2019
SaaS; Procurement / Contract Lifecycle Management
$6M
Series A announced March 2022; company has earlier Accel-backed investment(s).
$2M
Referenced earlier Accel investment contributing to total funding of $8M.
“Backed by Accel and reported to have additional investors including Bossa Invest”
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