Avetta
Avetta, LLC is a software company specializing in supply chain risk management through its SaaS platform designed for managing suppliers, contractors, and vendors. The company offers a suite of solutions, including PICS Organizer for collecting and analyzing contractor information, DocuGUARD for verifying contractor forms, and InsureGUARD for reviewing insurance certificates. Additionally, Avetta provides AuditGUARD for various auditing solutions and EmployeeGUARD for assessments at the employee level. The Enterprise Organizer enhances communication and contractor management, while GUARDBuilder allows customization of contractor information tracking. Serving a diverse range of industries such as oil and gas, pharmaceuticals, and construction, Avetta connects organizations with qualified suppliers to promote safety and sustainability. Founded in 2003 and based in Orem, Utah, Avetta operates additional offices worldwide, reflecting its commitment to global service and innovation in contractor management. The company was formerly known as PICS Auditing, LLC until its rebranding in 2016.
Top Stages
3 past transactions
Pegasus Management
Acquisition in 2021
Pegasus Management, founded in 1987, is a company based in the Hunter Valley, Australia, initially providing technical services to the mining industry. Over the years, it has evolved to develop a comprehensive workforce management system that serves multiple sectors including construction, energy, healthcare, government, manufacturing, mining, and transportation. The company’s software, Onsite Track Easy, was launched in 1998 to facilitate contractor inductions for clients. Pegasus Management specializes in various services such as worker competency management, induction and learning management, supplier prequalification, site access, and asset management. By offering these solutions, the company helps organizations ensure safe operations, maintain compliance with legislative requirements, and enhance connectivity among workforces and assets on-site.
Browz
Acquisition in 2019
Browz, LLC, founded in 2001 and based in Draper, Utah, specializes in supplier qualification and management solutions, particularly through its software-as-a-service (SaaS) offerings. The company's product suite includes SURE Qualify for assessing risks in various supply chain areas such as financial stability and corporate social responsibility, SURE Workforce for managing employee qualifications and documentation, and SURE Audit for verifying compliance with health and safety regulations. Additionally, Browz offers Ready Source, a web-based prequalification portal that allows suppliers to submit relevant business information for evaluation. Serving over seventeen industries—including utilities, oil and gas, manufacturing, and food and beverage—Browz collaborates with major organizations to enhance supply chain transparency, mitigate risks, and support informed vendor selection. As a subsidiary of Avetta, LLC, Browz leverages its expertise to help clients improve communication, reduce costs, and enhance safety within their supply chains.
FreightPOP
Seed Round in 2019
FreightPOP, Inc. is a technology company based in Lake Forest, California, that specializes in developing cloud-based transportation management system (TMS) software for the logistics industry. Founded in 2015, the company provides a comprehensive suite of solutions designed to streamline shipping and logistics processes. Its software features include freight rate shopping, centralized tracking, and automation of shipping tasks, enabling users to manage both inbound and outbound freight across various modes, including parcel, ocean, and air. FreightPOP's platform integrates seamlessly with existing systems such as ERP, WMS, and CRM, allowing for efficient management of logistics through a single login. By offering customizable reporting and performance management tools, the company empowers manufacturers, distributors, and retailers to optimize their shipping operations and make data-driven decisions.
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