# AvePoint

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> Source: https://en.wikipedia.org/wiki/AvePoint
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{{short description|American software vendor}}
{{Infobox company
| logo = AvePoint_logo.svg
| name = AvePoint, Inc.
| type = [Public](/source/Public_company)
| traded_as = {{NASDAQ|AVPT}}
| founded = {{start date and age|2001}}
| founder = {{ubl|Xunkai (Kai) Gong|Tianyi (TJ) Jiang}}
| location = [Jersey City, New Jersey](/source/Jersey_City%2C_New_Jersey), United States
| key_people = {{ubl|Xunkai (Kai) Gong ([executive chairman](/source/executive_chairman))|Tianyi (TJ) Jiang ([CEO](/source/Chief_executive_officer))}}
| revenue = {{Increase}} $419.5 Million (2025)<ref>{{Cite web|url=https://finance.yahoo.com/news/avepoint-announces-fourth-quarter-full-210500356.html?guccounter=1|title=2025 Full-Year Earnings Report}}</ref>
| num_employees = ~2,800 (2025)
| industry = [Computer software](/source/Computer_software)<ref>{{cite web|url=https://www.cnbc.com/2024/05/16/the-no-1-risk-companies-see-in-gen-ai-usage-isnt-hallucinations.html |title=The biggest risk corporations see in gen AI usage isn't hallucinations |website=[CNBC](/source/CNBC) |date=16 May 2024 }}</ref>
| products = {{ubl|AvePoint Confidence Platform}}
| website = {{ubl|https://www.avepoint.com}}
}}

'''AvePoint''' is a public company headquartered in [Jersey City](/source/Jersey_City), [New Jersey](/source/New_Jersey), [United States](/source/United_States). It develops software products intended to add features or security to other major platforms, like [Microsoft 365](/source/Microsoft_365), [Google](/source/Google), or [Salesforce](/source/Salesforce). AvePoint was founded in 2001 and went public on [NASDAQ](/source/Nasdaq) in 2020.

== History ==
The company was backed by investors [Goldman Sachs](/source/Goldman_Sachs) and [Summit Partners](/source/Summit_Partners), which acquired minority stakes in AvePoint in 2014 and 2007, respectively.<ref>{{cite web|year=2014|title=Goldman Sachs to invest in AvePoint|url=http://fortune.com/2014/04/10/goldman-sachs-to-invest-in-avepoint/|accessdate=10 October 2014|publisher=Fortune}}</ref>

In January, 2020 the company announced a $200 million Series C investment led by [TPG Sixth Street Partners](/source/Sixth_Street_Partners), with additional participation from prior investor [Goldman Sachs](/source/Goldman_Sachs) and other unnamed investors. The round brought the total raised to $294 million to date.<ref>{{Cite web|title=AvePoint lands $200M investment to expand market for Microsoft cloud governance tools|url=https://techcrunch.com/2020/01/08/avepoint-grabs-200m-series-c-for-microsoft-cloud-governance-tools/|access-date=2020-11-17|website=TechCrunch|date=8 January 2020 |language=en-US}}</ref>

In November 2020, AvePoint reached a deal to go public through a merger with blank-check company Apex Technology Acquisition Corp.(APXT). The transaction valued AvePoint at $2 billion and kept AvePoint co-founders Tianyi Jiang and Kai Gong as CEO and Executive Chairman respectively.<ref name="Bloomberg.com">{{Cite news |date=2020-11-23 |title=AvePoint Strikes Deal to Go Public Via Apex Technology SPAC |url=https://www.bloomberg.com/news/articles/2020-11-23/avepoint-strikes-deal-to-go-public-via-apex-technology-spac |access-date=2020-11-24 |work=Bloomberg.com |language=en}}</ref>

== References ==
{{Reflist|2}}

Category:Companies listed on the Nasdaq
Category:Software companies based in New Jersey
Category:Software companies of the United States

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Adapted from the Wikipedia article [AvePoint](https://en.wikipedia.org/wiki/AvePoint) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/AvePoint?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.