Avii, Provider of Unified SaaS Accounting Platform, Announces First External Funding from Blue Diamond Capital to Accelerate 2020 Growth

Company is Debt Free and Self-Funded more than $2.5M to Build and Establish Avii’s Unified Cloud Automation and Workflow Solution for Tax, Audit and Advisory

January 06, 2020 10:00 AM Eastern Standard Time
SILICON SLOPES, Utah–(BUSINESS WIRE)–Avii™ (www.avii.com), provider of the Avii Workspace™ unified SaaS platform for tax, audit, advisory, compliance and management consulting firms, has taken in its first external investment. The new infusion from Blue Diamond Capital LLC (www.bluedicap.com), of Provo, Utah, joins more than $2.5M in internal funding from operational profit. It will accelerate hiring of key marketing, sales and software development positions to support the company’s rapid growth during 2020. Amount and terms of the agreement were not disclosed.
Avii has a 19-year legacy of custom software development for several of the world’s largest accounting firms, including KPMG, and has powered audits and other accounting initiatives for Federal funds that pass through key national and state government organizations. Avii Workspace™ provides firms of all sizes with technology automation and other advantages formerly enjoyed only by the Big 4. Avii Workspace is especially geared to the vast market of more than 10,000 accounting practices that employ 20 or fewer Certified Public Accountants (CPA) and are most severely underserved by traditional accounting software offerings.
“Instead of a single point solution, we provide more than 20 software tools and solution sets in Avii Workspace that extend, interconnect or replace the deficiencies of existing accounting software systems across tax, audit and advisory practices of all sizes,” said Avii Co-Founder and CEO Lyle Ball. “Our investors and customers note that no other accounting software company has transformed multiple decades of institutional knowledge and a market-leading customer base into a vibrant, unified practice management platform at the level Avii has achieved.”
About Avii
Avii provides tax, audit, advisory, management consulting and compliance organizations with an integrated suite of most-required practice management software solutions. Avii Workspace is the first true SaaS Hub™, giving consultants and clients a single portal and a unified workspace for the functions that drive consistent workflow, business intelligence and communication to propel business success.
Avii Consulting Services are able to accomplish Fast Start Implementations for all users from single accountants to the Big 4. Unlike industry implementations that may take 6-8 weeks, Avii can make the benefits of Avii Workspace available immediately by breaking up deployment and segmenting data, requiring just 1-2 days per team, rather than pausing firm wide to re-sync the entire organization. Avii provides accounting firms, software developers and VARs an Avii API and custom app development services.
For more information about the Avii Workspace platform, visit www.Avii.com.
Avii, Avii Workspace, the Avii logo and SaaS Hub are copyrighted as the exclusive intellectual property of Avii.
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Contacts
For Avii:
Cheryl Conner
SnappConner PR
801-806-0150
info@snappconner.com