# Avanis

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/avanis

- Industry: Consumer Products
- Headquarters: Montigny-le-Bretonneux, France
- Website: www.alltricks.com
- Total disclosed funding: $8.6M
- Latest round: Series C (Oct 13, 2017)
- Investors on record: 7

## About

Avanis operates Alltricks, an online retailer that specializes in bicycles, running gear, and outdoor equipment, catering to a broad customer base from professionals to outdoor enthusiasts.Founded in 2008 in Montigny-le-Bretonneux, France, Avanis operates under the brand Alltricks, which provides a vast selection of cycling and outdoor products. The company raised EUR 2.347 mn in a Series C funding round on October 13, 2017, led by Entrepreneur Invest, with a total amount raised of EUR 2.347 mn. The CEO, Gary Anssens, has a background in the startup ecosystem, emphasizing innovative retail approaches.Alltricks is a prominent online retailer specializing in bicycles, running gear, and outdoor equipment. The company provides a comprehensive array of products, including road and mountain bikes, components, and apparel from brands like SRAM, Shimano, and Nike, targeting consumers in France, Spain, Germany, and Italy.In the most recent financial year, 2022, Alltricks reported a revenue of EUR 143,866,774 with an EBITDA of EUR -3,729,538.7, operating through a direct-to-consumer model and enhancing customer experience through a user-friendly website and rapid delivery.Avanis plans to leverage its recent funding of EUR 2 mn from October 2017 to enhance its product offerings and customer engagement. The company aims to introduce new products, expanding its range in bicycles and outdoor gear by 2024, while also targeting growth in additional European markets. This strategic focus is expected to bolster its operational capacity and market presence.

## Funding rounds

- Series C, Oct 13, 2017, $2.8M — 123 Investment Managers, Partech Partners, Entrepreneur Invest, Financiere De La Gommerie, Sonorfi
- Series A, Jan 30, 2016, $3.2M — Partech Partners, Sofina, Fifadev, Financiere De La Gommerie, Sonorfi
- Series A, Jan 28, 2012, $2.6M — Partech Partners

## Investors

- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Series A, Series C
- Sofina — Series A
- Fifadev — Series A
- Financiere De La Gommerie — Series A, Series C
- Sonorfi — Series A, Series C
- 123 Investment Managers (https://capitalatlas.ai/funds/123-investment-managers) — Series C
- Entrepreneur Invest (https://capitalatlas.ai/funds/entrepreneur-invest) — Series C