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Avolent
About
Avolent provides web-based application software for electronic billing and settlement processes.
- 101 - 250
Highlights
Details
- Last Funding Type
- Series B
- Last Funding Money Raised
- $10M
- Industries
- Consumer Electronics,Information Technology,Software,Web Apps,Web Browsers
- Founded date
- Jan 1, 1995
- Number Of Employee
- 101 - 250
- Operating Status
- Active
Avolent, Inc. provides application software for electronic billing and settlement process. It offers electronic billing and payment application that provides a Web-based self-service solution for billing and payment needs. The company's software is used for bill presentment, online reprint, member reconciliation, user-defined line item grouping, backend system synchronization, consolidation, and batch print. Avolent, Inc. also offers implementation, systems integration, technical support, and training services. The company serves healthcare, leasing/financial, insurance, distribution/manufacturing, and communications industries. Avolent, Inc. has strategic alliances with Accenture, Ariba, Sterling Commerce, Trizetto, SAP NetWeaver, and Vengroff, Williams & Associates, Inc.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jun 20, 2000 | Series C | $30M | 1 |
Norwest Venture Partners
|
— | Detail |
| Aug 9, 1998 | Series B | $10M | 1 | — | — | Detail |
| Jul 8, 1998 | Series A | $5M | 1 | — | — | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Norwest Venture Partners
|
Yes | Series C |
