PortcoMonitor
What you trackExploreAboutContact
Log inGet started
PortcoMonitor— deep intelligence on the things you care about
AboutContactPrivacyTermsLog in
© 2026 PortcoMonitor
PortcoMonitor
What you trackExploreAboutContact
Log inGet started
Intelligence · Companies

Aavenir

Procurement softwareaavenir.com
Track Aavenir

Latest Aavenir news

  • 20 Best Conga Alternatives Reviewed in 2026
    Tech Review · Jun 10, 2026

    Aavenir is highlighted as a top alternative to Conga for contract lifecycle management, specifically noted for its AI-driven insights and automated workflows on the ServiceNow platform.

  • Top 10 Obligation Tracking Tools: Features, Pros, Cons & Comparison
    BangaloreOrbit · Jun 8, 2026

    Aavenir Obligationflow is highlighted as a top tool for tracking contract obligations, particularly for organizations needing integration with ServiceNow, procurement, and supplier management systems. The article evaluates Aavenir's solution for its focus on task ownership, evidence capture, and workflow automation.

  • Aavenir - 2026 Company Profile, Team, Funding, Competitors & Financials
    Tracxn · Jun 8, 2026

    An updated industry profile for Aavenir, confirming its status as a Series A SaaS company specializing in AI-powered contract and obligation lifecycle management integrated with ServiceNow.

  • Vendor Contract Management Tools: The 6 Categories That Actually Exist
    Industry Analysis · May 29, 2026

    This article categorizes the landscape of vendor contract management tools and identifies Aavenir as a notable player in the full contract lifecycle management (CLM) suite category.

  • Aavenir Launches ComplianceNext to Power Contract and Vendor Compliance with a Suite of Next-generation AI Agents
    Business Wire · Aug 14, 2025
  • Aavenir Launches ComplianceNext to Power Contract and Vendor Compliance with a Suite of Next-generation AI Agents
    Business Wire · Aug 14, 2025

    Aavenir expanded its product portfolio with ComplianceNext, a solution utilizing AI agents to automate regulatory compliance and risk screening for contracts and vendors.

  • Aavenir Launches ComplianceNext to Power Contract and Vendor Compliance with a Suite of Next-generation AI Agents
    Business Wire · Aug 14, 2025

    Aavenir introduced ComplianceNext, an agentic AI solution that automates compliance screening for contracts and vendors, significantly reducing the time required for risk remediation.

  • Aavenir Inc. Appoints Mohamed Reza as the Vice President, Marketing
    Business Wire · Sep 5, 2024

    Aavenir appointed industry veteran Mohamed Reza as VP of Marketing to lead the company's global growth strategy and brand expansion.

  • Aavenir Funding 2026 – Total Funding, Rounds & Investors
    Inc42 · Mar 30, 2024
  • Aavenir Unveils Avy AI, the Generative AI Assistant Tool for Connected Contract Management Solutions on ServiceNow
    Business Wire · Jan 30, 2024

    Aavenir launched Avy AI, a generative AI assistant designed to help legal and procurement teams analyze contracts, simplify complex language, and identify risks within the ServiceNow ecosystem.

  • Aavenir Elevates Sourcing and Contracting with New Generative AI Capabilities on ServiceNow
    Business Wire · Nov 7, 2023
  • Aavenir Elevates Sourcing and Contracting with New Generative AI Capabilities on ServiceNow
    Business Wire · Nov 7, 2023

    The company introduced industry-first generative AI capabilities to its platform, allowing for the creation of dynamic contract clauses and enhanced contract analytics within ServiceNow.

  • Aavenir Launches New Generative AI Capabilities for Contract Lifecycle Management on ServiceNow
    Business Wire · Aug 10, 2023
  • Aavenir launches Purpose-built Industry Vertical Solutions with Providerflow for Healthcare and Life Sciences
    Business Wire · May 17, 2023

    Aavenir introduced industry-specific solutions for healthcare and life sciences, focusing on automating provider onboarding and contract management workflows.

  • Aavenir Partners with CloudGo to Expand AI-enabled Source-to-Pay Solutions and Digital Workflows for ServiceNow Customers in Asia-Pacific
    SalesTech Star · May 20, 2022

    Aavenir entered a strategic partnership with CloudGo to scale its AI-powered source-to-pay and contract management solutions across the Asia-Pacific region.

  • Aavenir Inc. — Form D — exempt securities offering (funding round)
    SEC EDGAR · Apr 21, 2022

    Form D filed with the SEC on 2022-04-21.

  • Aavenir Raises $6M, Led by Accel to Expand Source-to-Pay Solutions Portfolio
    Business Wire · Mar 23, 2022

    Aavenir secured $6 million in Series A funding led by Accel to accelerate the development of its AI-enabled source-to-pay suite on the ServiceNow platform.

  • Aavenir Raises $6M, Led by Accel to Expand Source-to-Pay Solutions Portfolio
    Business Wire · Mar 23, 2022

    Aavenir announced a $6 million Series A funding round led by Accel to accelerate the development of its AI-enabled source-to-pay solutions on the ServiceNow platform.

  • AI-Powered Aavenir Amplifies ServiceNow PPM For Expense Tracking
    PYMNTS.com · Jul 28, 2021
  • Aavenir Inc. — Form D — exempt securities offering (funding round)
    SEC EDGAR · Sep 2, 2020

    Form D filed with the SEC on 2020-09-02.

Headlines surfaced and scored by PortcoMonitor. Get the full, ranked feed + a daily briefing →

Track Aavenir

Scored news, filings, market data, an AI dossier, and a daily briefing — free.

Start tracking — free
PortcoMonitor— deep intelligence on the things you care about
AboutContactPrivacyTermsLog in
© 2026 PortcoMonitor

Business

Updated 6/6/2026
Overview
Aavenir provides AI-powered contract lifecycle management (CLM) and source-to-pay software built natively on the ServiceNow platform. The company serves enterprise clients across industries like healthcare, finance, and manufacturing by automating procurement, contract authoring, and vendor compliance workflows. It generates revenue through a SaaS subscription model for its suite of enterprise applications.
Website
aavenir.com
Industry
Procurement software
LinkedIn
Company page

Key People

Updated 6/6/2026
  • Jesal MehtaFounder & CEO
  • Gaurang SoniChief Technology Officer
  • Sunil MasandSVP & Head of Product
  • Megha ParadkarVP of Customer Engagement
  • Sneha SataDirector of HR & Operations
  • Nisha Jesal MehtaDirector

Funding

Updated 6/4/2026

Total raised: $8M

  • $6MSeries A· Mar 2022
    Investors: Accel, ScOp Venture Capital
    SEC-filed (Form D)
  • $2MSeed· Apr 2020
    Investors: Accel
    SEC-filed (Form D)