Avero

Avero

Provides analytics and insights for restaurants

About Avero

Simplify's Rating
Why Avero is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

New York City, New York

Founded

1999

Overview

Avero provides advanced analytics and operational insights specifically for the restaurant industry. Its software solutions integrate with point-of-sale (POS) systems to deliver real-time performance insights, allowing restaurant operators to make informed decisions. By analyzing factors like slow periods, table turn times, and menu profitability, Avero helps restaurants optimize their operations, control costs, and improve service. Unlike many competitors, Avero focuses solely on the hospitality sector, catering to a wide range of clients from small eateries to large chains. The company's goal is to enhance operational efficiency and profitability for its clients through data-driven strategies.

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Simplify's Take

What believers are saying

  • Increased demand for contactless solutions boosts Avero's SaaS platform adoption.
  • AI-driven predictive analytics enhance Avero's value proposition in the restaurant sector.
  • Personalized dining trends push restaurants to use Avero's data analytics services.

What critics are saying

  • Emerging competitors like Toast and Upserve could capture Avero's market share.
  • In-house analytics solutions may reduce demand for Avero's third-party services.
  • Data privacy regulations could complicate Avero's data handling processes.

What makes Avero unique

  • Avero offers specialized SaaS analytics for the hospitality industry since 1999.
  • The platform integrates seamlessly with existing POS and labor reporting solutions.
  • Avero provides real-time performance insights for data-driven decision-making in restaurants.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Health Savings Account/Flexible Spending Account

Company Paid Disability

Life Insurance

401(k) Company Match

Parental Leave

Remote Work Options

ClassPass Discounts

Company Equity

Company News

Hospitality Net
Dec 5th, 2023
xnPOS partners with Avero to help hotels optimize their F&B performance

xnPOS partners with Avero to help hotels optimize their F&B performance.

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