Skip to content


Exit type:
Trade Sale

Calculus portfolio company, Avvio, has been acquired by US company SHR that is a portfolio company of Serent Capital in turn delivering a 5.5x return to Calculus investors.

Avvio is a B2B SaaS company operating in the travel technology industry. Avvio launched the world’s first AI powered booking engine,, which is today used by over 500 hotels around the world. The engine allows for increased direct hotel bookings, as opposed to bookings delivered by third party online travel agents, improving user experience and reducing referral fees. Avvio also provides digital marketing and web design services.

Past performance is not a guide to future performance.