Venture capital firm
Advent International portfolio
adventinternational.comAdvent International is a venture capital firm based in Boston, United States, founded in 1984. It has invested in 36 venture-backed companies across 47 funding rounds on VCMC, and led 21 of those rounds. 7 of them were in the last 12 months.
36
Venture-backed companies
in its portfolio on VCMC
47
Funding rounds
led 21
7
Last 12 months
rounds, Oct 2025 to Sep 2026
26
With a disclosed valuation
of 36 companies
$100.9B
Combined value of its private companies
the whole companies, not what Advent International owns
36 private companies Advent International has backed have a VCMC valuation; together they are worth $100.9B. That is the value of the whole companies, not what Advent International owns. Mistral AI is 25% of the total. How VCMC values companies.
Values cover private companies only; public companies are not included.
Portfolio
Full Advent International portfolio (36 companies)
36 companies.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Mistral AI Software Development Services · since Series D, 2026 | Series D Sep 2026 $3.50B | $25.2B | $21.2B – $36.6B | $31.8B (+26%) | $3.8B | 0% | 1,715 | growing | A | |
| 2 | Shield AI Aerospace and Defence · led at Series G, 2026 | Series G Mar 2026 $1.50B | $6.1B | $3.9B – $9.9B | $6.5B (+7%) | $583M | 0% | 1,940 | growing | B | |
| 3 | Saronic Technologies Aerospace and Defence · since Series D, 2026 | Series D Mar 2026 $1.75B | $11.1B | $8.0B – $14.7B | $12.8B (+15%) | $1.4B | 0% | 1,363 | growing | B | |
| 4 | Thrasio Online Marketplace · led at Series C, 2020 | Series D Oct 2021 $1.00B | $593M | $282M – $2.4B | $592M (0%) | $644M | 97% | 259 | shrinking | D | |
| 5 | Quantum Systems Aerospace and Defence · led at Series D, 2026 | Series D Jul 2026 $1.20B | $8.8B | $7.0B – $12.5B | $10.9B (+24%) | $1.3B | 0% | 740 | growing | A | |
| 6 | Creditas Loans & Financing · since Series E, 2020 | Series G Dec 2025 $108M | $3.6B | $2.9B – $4.2B | $3.1B (-13%) | $564M | 58% | 2,082 | down | A | |
| 7 | Ayar Labs Electronical Components Manufacturing · led at Series D, 2024 | Series E Mar 2026 $500M | $4.5B | $3.3B – $5.8B | $5.0B (+11%) | $552M | 0% | 259 | up | A | |
| 8 | Nuvemshop Decorators & Interior Designers · since Series E, 2021 | Series E Aug 2021 $500M | $4.8B | $641M – $5.5B | $4.7B (-1%) | $654M | 0% | 1,068 | up | D | |
| 9 | Tekion Tech Companies · led at Series C, 2020 | Growth Equity Jul 2024 $200M | $4.6B | $2.1B – $5.3B | $4.6B (-1%) | $409M | 0% | 3,016 | up | B | |
| 10 | Coralogix Tech Companies · led at Series D, 2022 | Growth Equity Jun 2026 $200M | $1.7B | $1.4B – $2.0B | $1.8B (+6%) | $193M | 0% | 595 | up | A | |
| 11 | Merama Holding Companies · led at Series B, 2021 | Growth Equity Apr 2025 $215M | $657M | $535M – $887M | $343M (-48%) | $87.8M | 97% | 75 | shrinking | A | |
| 12 | Loggi Shipping Couriers · since Growth, 2021 | Growth Equity Mar 2021 $205M | $2.2B | $214M – $2.8B | $2.1B (-2%) | $297M | 7% | 4,360 | flat | D | |
| 13 | EBANX Payment Processing & Point of Sale · led at Growth, 2021 | Growth Equity Jun 2021 $430M | $2.9B | $326M – $6.3B | $2.9B (0%) | $502M | 0% | 921 | up | D | |
| 14 | CarDekho Automobile Dealers & Manufacturers · since Series D, 2019 | Series E Oct 2021 $250M | $1.3B | $104M – $1.5B | $1.2B (-8%) | $197M | 0% | 2,599 | flat | D | |
| 15 | KreditBee Loans & Financing · since Series E, 2026 | Series E Apr 2026 $280M | $1.7B | $1.3B – $2.3B | $2.0B (+14%) | $251M | 0% | 1,905 | up | A | |
| 16 | Truveta Tech Companies · since Series A, 2021 | Series C Jan 2025 $320M | $1.4B | $834M – $1.6B | $1.4B (0%) | $155M | 0% | 474 | up | B | |
| 17 | Sonar Tech Companies · led at Growth, 2022 | Growth Equity Apr 2022 $412M | $2.6B | $632M – $7.3B | $2.5B (-6%) | $670M | 37% | 1,026 | up | D | |
| 18 | Campus Colleges & Universities · since Series B, 2025 | Series B Mar 2025 $46M | $474M | $163M – $673M | $474M (0%) | $52.2M | 0% | 310 | unknown | C | |
| 19 | Tech Companies · led at Series D, 2021 | Growth Equity Mar 2024 $60M | $545M | $334M – $1.2B | $326M (-40%) | $99.1M | 97% | 583 | down | C | |
| 20 | Tech Companies · led at Growth, 2021 | Growth Equity Dec 2021 | $129M | $81.0M – $345M | $129M (0%) | $99.2M | 97% | 141 | shrinking | C | |
| 21 | Tech Companies · led at Series D, 2021 | Series D May 2021 $220M | $537M | $126M – $1.7B | $480M (-10%) | $185M | 46% | 626 | up | D | |
| 22 | Tech Companies · since Series C, 2020 | Series C Oct 2020 $207M | $591M | $143M – $1.8B | $591M (0%) | $257M | 59% | 226 | down | D | |
| 23 | Tech Companies · led at Growth, 2022 | Series E Aug 2022 $20M | $1.1B | $134M – $1.6B | $948M (-10%) | $172M | 10% | 333 | flat | D | |
| 24 | Tech Companies · led at Series B, 2026 | Series B Oct 2026 $250M | $1.5B | $1.3B – $2.6B | $2.3B (+47%) | $248M | 0% | 65 | growing | B | |
| 25 | Tech Companies · led at Series C, 2021 | Series D Feb 2022 $140M | $1.1B | $118M – $2.0B | $1.0B (-7%) | $215M | 15% | 209 | flat | D | |
| 26 | Tech Companies · since Series C, 2021 | Series C Jul 2021 $180M | $1.2B | $75.0M – $2.4B | $1.1B (-5%) | $233M | 0% | 402 | flat | D | |
| 27 | Underwear & Lingerie · since Series B, 2021 | Series C Jan 2022 $125M | $1.3B | $161M – $2.7B | $1.2B (-3%) | $219M | 6% | 454 | up | D | |
| 28 | Loans & Financing · since Growth, 2024 | Growth Equity Dec 2024 $230M | $2.4B | $1.1B – $3.7B | $2.4B (0%) | $253M | 0% | 3,365 | up | C | |
| 29 | Tech Companies · led at Series B, 2022 | Series B Dec 2022 $175M | $1.6B | $563M – $2.5B | $1.6B (0%) | $225M | 0% | 4,754 | growing | C | |
| 30 | Medical Research · since Growth, 2026 | Growth Equity Sep 2026 $173M | $1.7B | $1.1B – $2.8B | $1.8B (+9%) | $191M | 0% | 258 | flat | B | |
| 31 | Payment Processing & Point of Sale · since Growth, 2022 | Growth Equity Jun 2022 $110M | $545M | $147M – $1.5B | $487M (-11%) | $163M | 59% | 993 | down | D | |
| 32 | Tech Companies · led at Series C, 2021 | Growth Equity Jun 2024 $30M | $257M | $92.5M – $533M | $187M (-27%) | $32.0M | 51% | 113 | flat | C | |
| 33 | Tech Companies · led at Series B, 2022 | Series B Apr 2022 $88M | $1.5B | $218M – $3.0B | $1.4B (-7%) | $356M | 24% | 212 | up | D | |
| 34 | Payment Processing & Point of Sale · led at Growth, 2022 | Growth Equity Apr 2022 $82M | $272M | $52.1M – $1.2B | $254M (-6%) | $90.2M | 59% | 314 | down | D | |
| 35 | Tech Companies · led at Series B, 2021 | Series C Jun 2023 $30M | $157M | $45.9M – $639M | $124M (-21%) | $37.5M | 96% | 213 | down | D | |
| 36 | Drug Stores & Pharmacies · since Series A, 2007 | Series B Feb 2011 $20M | $214M | $9.39M – $326M | $214M (0%) | $23.6M | 0% | 25 | unknown | D |
Valuation: VCMC's valuation with its range, from a low to a high scenario; a company with no valuation shows a dash, one acquired after its last round its last value as a private company.
Activity
How Advent International invests: stages, industries and countries
Most of its rounds are Series C and later (81%). Its companies span 15 industries, most in Tech Companies, Aerospace and Defence and Loans & Financing, across 13 countries.
Rounds by stage
- Series A 2
- Series B 7
- Series C and later 38
Investments by industry
- Tech Companies 16
- Aerospace and Defence 3
- Loans & Financing 3
- Payment Processing & Point of Sale 3
- Automobile Dealers & Manufacturers 1
- Colleges & Universities 1
- Decorators & Interior Designers 1
- Drug Stores & Pharmacies 1
Investments by country
- United States 17
- Brazil 4
- India 4
- France 2
- Argentina 1
- Canada 1
Recent rounds
Advent International's latest investments
Advent International's most recent funding rounds, newest first. 7 rounds in the last 12 months.
- Series B, led $250M 6 Oct 2026
- Growth $173M 29 Sep 2026
- Mistral AI Series D $3.50B 8 Sep 2026
- Quantum Systems Series D, led $1.20B 2 Jul 2026
- KreditBee Series E $280M 8 Apr 2026
- Saronic Technologies Series D $1.75B 31 Mar 2026
- Shield AI Series G, led $1.50B 26 Mar 2026
- Ayar Labs Series E $500M 3 Mar 2026
- Coralogix Series E $115M 17 Jun 2025
- Merama Growth $215M 14 Apr 2025
Co-investors
Advent International's top co-investors
The investors that most often join the same rounds as Advent International. Sequoia Capital leads, with 6 rounds together.
- Sequoia Capital 6 rounds together
- Insight Partners 5 rounds together
- Alkeon 4 rounds together
- General Catalyst 4 rounds together
- Index Ventures 3 rounds together
- Lightspeed Venture Partners 3 rounds together
- Lightrock 3 rounds together
- 3 rounds together
- Kaszek 3 rounds together
- DFJ Growth 3 rounds together
About
About Advent International
Advent International, L.P. is an American private equity firm that provides investment and restructuring services for companies in sectors such as business and financial services, consumer, healthcare, industrial, and technology. The firm operates globally, with offices in multiple countries, and manages private equity funds and buyout programs. Advent International also engages in strategic restructuring and growth initiatives for portfolio companies.
Description from Veridion's company data.
- Founded
- 1984
- Based in
- Boston, United States
- Team
- 1,338 people, +6% in a year
- Type
- Venture capital firm
Focus markets
- Business Services
- Financial Services
- Consumer
- Healthcare
- Industrial
- Technology
What Advent International offers
- Private Equity Investment Services
- Buyout Transaction Execution
- Growth Capital Investment
- Strategic Business Restructuring Services
- Sector-Specific Private Equity Investment
- Business and Financial Services Investment
- Consumer Sector Investment
- Healthcare Sector Investment
Questions
Advent International: frequently asked questions
How many companies has Advent International invested in?
36 venture-backed companies on VCMC, across 47 funding rounds.
What are Advent International's most valuable private companies?
Mistral AI ($25.2B), Saronic Technologies ($11.1B), Quantum Systems ($8.8B), by VCMC's valuation.
What was Advent International's latest investment?
Vinci4D, a Series B round in Oct 2026 of $250M, which Advent International led.
Which stages does Advent International invest in?
Advent International invests most often at Series C and later (38 rounds), followed by Series B (7) and Series A (2).
What is Advent International's portfolio worth?
Its private companies with a VCMC valuation are worth $100.9B together. That is the sum of the companies' values, not what Advent International owns.
Who does Advent International invest alongside?
Sequoia Capital (6 rounds), Insight Partners (5 rounds), Alkeon (4 rounds).