Edenred leads CHF 14m series-B for Avrios

VC firms Lakestar, Notion Capital, Swisscom Ventures and Columbia Lake Partners also took part in the financing.

The fresh capital will be invested in product development to further accelerate growth.

Previous funding
Lakestar led a CHF 1.9m seed round for Avrios in 2015 and returned alongside Notion to invest in a CHF 6m series-A in 2017.

Company
Avrios was founded in 2015 and is headquartered in Zürich. It makes software for fleet management that centralises expense and compliance data and can be used by both drivers and managers. Its customers include DB Schenker, Deutsche Welle and Kasto.

People
Norbert Furnion (managing partner).
Avrios – Andreas Brenner (CEO).

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• Topics
• Expansion
• DACH
• Technology
• Switzerland
• Venture
• Lakestar
• Notion Capital