# Aravo Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aravo-solutions

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.aravo.com
- Total disclosed funding: $26M
- Latest round: Series D (Oct 21, 2008)
- Investors on record: 5

## About

Aravo Solutions, Inc. is a provider of third-party risk management software that assists organizations in identifying and mitigating risks associated with vendors and suppliers effectively.Founded in 2000 and headquartered in San Francisco, US, Aravo Solutions focuses on delivering risk management solutions. The company has successfully executed 11 deals, with its most recent funding round occurring on July 31, 2012. Aravo raised USD 3.87 mn in their Series D funding, bringing their total capital raised to USD 3.87 mn and achieving a current company valuation of USD 106.418 mn. The company is led by CEO Michael Saracini, while the founder, Tim Albinson, has a background in establishing technology firms.Aravo Solutions specializes in third-party risk management (TPRM) software that empowers organizations to effectively manage risk across their extended enterprise. Their core offerings include the Intelligence-First™ platform, which integrates advanced automation, artificial intelligence (AI), and machine learning to streamline vendor onboarding, due diligence, continuous monitoring, and performance management. These solutions enhance workflow efficiency and decision accuracy, providing a comprehensive view of risks associated with third-party vendors, suppliers, and partners. Aravo serves a diverse client base, including Fortune 100 companies and leading firms in the pharmaceutical, financial services, and technology sectors, meeting their unique risk management needs globally.Aravo Solutions generates revenue through a subscription-based model, allowing clients to access their TPRM software solutions. The company structures its transactions primarily as B2B partnerships, where enterprises pay for licenses tailored to their specific needs. Pricing plans are based on customizable features within the Intelligence-First™ platform, encompassing various modules for vendor management, compliance assessments, and risk intelligence applications. Each client engagement typically involves a comprehensive service agreement outlining implementation, training, and ongoing support, ensuring effective use of Aravo's technology for achieving risk management objectives, thereby establishing a steady revenue stream from continued software usage and service renewals.Following its latest funding round on July 31, 2012, where Aravo Solutions, Inc. raised USD 3.87 mn in Series D financing, the company plans to enhance its product offerings and expand into new markets. Aravo is working on launching new features within its Intelligence-First™ platform to better meet client demands. They are strategically targeting expansion into Europe and Asia-Pacific by the end of 2023, utilizing recent funding to support these initiatives and improve their operational capabilities in these regions.

## Funding rounds

- Series D, Oct 21, 2008, $7.9M — Big Sky Partners
- Series C, Jun 13, 2007, $10M — Big Sky Partners, Pequot Ventures
- Series B, Feb 22, 2006, $2.1M — The Angels' Forum, Pequot Ventures
- Series A, Nov 18, 2003, $2.4M — The Angels' Forum, B Cubed Ventures
- Series A, Sep 5, 2002, $1.6M — The Angels' Forum, Blue Hill Partners, B Cubed Ventures
- Series A, May 1, 2002, $0.6M — The Angels' Forum
- Series A, Jun 12, 2001, $0.5M — B Cubed Ventures
- Series A, Feb 15, 2001, $0.4M — B Cubed Ventures

## Investors

- B Cubed Ventures (https://capitalatlas.ai/funds/b-cubed-ventures) — Series A
- The Angels' Forum (https://capitalatlas.ai/funds/the-angels-forum) — Series A, Series B
- Blue Hill Partners (https://capitalatlas.ai/funds/blue-hill-partners) — Series A
- Pequot Ventures (https://capitalatlas.ai/funds/pequot-ventures) — Series B, Series C
- Big Sky Partners (https://capitalatlas.ai/funds/big-sky-partners) — Series C, Series D