Avrium

Edinburgh
Seeking investment

Avrium is an all-in-one cashflow management platform built specifically for SMEs.  Avrium takes data from a company’s online accounting package, enhances that data with information from credit rating agencies and presents it back to business owners in a clear and concise way so that they can make more informed commercial decisions when engaging with new and existing customers.

The platform also provides a number of tools that allow business owners and their financial advisors to better manage their cashflow needs.  In a few simple steps a business is able to automate reminders to their customers to ensure payment is made on time and for those customers that do pay late, final demand notices can be sent.  Where gaps in cashflow are identified the platform offers invoice discounting and debt collection services so that businesses can unlock working capital and ensure that bad debt is never ignored.

Our vision is to provide all businesses, no matter their size, with the key information they need to manage their risks and secure their cashflow.  Over the coming months we will be introducing Open Banking, Insurance and more intelligent cashflow analytics that will allow you to assess the risk posed to businesses by changes in their customer and supplier base.

For more information visit our website: www.avrium.co.uk

Read the INVESTOR SHOWCASE

Our Chairman loves to call Avrium “a 20-year-old start-up”, what he really means is that this company is born out of years of experience of building and working with small businesses.  As business owners ourselves we know how difficult it can be to keep on top of your cashflow and to find the right solutions for your business when you need a little help.

Our aim is to help businesses save time, money and stress by providing them with data about their business in a way that is easy to understand but most importantly we also want to ensure that if there is a problem, business owners don’t need to spend time searching for a solution, the solution should be presented to them.

The team behind Avrium have built award winning platforms in the finance and e-commerce space and our desire is to use our commercial and technical expertise to give SMEs a tool that works for them.  We want to make sure that small business owners are given all the tools they need in order to succeed and we want to ensure that the financial solutions offered to them are tailored to their specific needs.

Alan Moody – Chairman

Bhairav Patel – CEO

Rustam Roy – Chief Legal Officer

Jenny Tsaliki – Chief Product Officer

Gatis Vilcans – IT Development Director

Ashwani Mittal – IT Operations Director

Overview

  • Funding Stage Self-funded
  • Trading for <1 year
  • Employees 6-10
  • Sector Data/Analytics
  • Valuation N/A

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