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Avvio

Sector:
Software & Services
Invested in:
Calculus EIS

Avvio provides hosted booking engine software for hotels and hospitality businesses. Avvio helps customers increase profitability by channelling more direct bookings through their own website.

avvio mobile booking

Avvio’s flagship product, ‘Allora’, is the world’s first AI-powered hotel booking engine. Allora delivers a more personalised experience for each website visitor and improves the user experience of booking direct.

Investment Rationale

Avvio applies a rigorous, scientific approach to booking conversion and usability, constantly innovating methods to increase revenues for clients via the most cost-effective channel – the hotel’s own website. At a time when hotel industry profitability is under serious threat from high-commission Online Travel Agents (OTAs), Avvio’s software and services directly impact the hotels’ bottom lines as bookings are shifted from OTAs back to the direct channel.

Calculus were attracted to Avvio by its leading technology, impressive client list and recurring revenue SaaS business model. In addition to Avvio’s booking engine software, website design, online marketing services and conversion-analytics, the company assigns a dedicated  performance account manager to each client.

The investment by Calculus Capital will allow the firm to accelerate its roll out in the UK, expand its marketing efforts and continue to evolve its booking conversion technology.

Latest News

Avvio marks further UK growth

Global technology provider Avvio has upsized its London offices and is making a number of new appointments as it continues its impressive global growth. Located in the heart of the capital – nestled between Charing Cross and Leicester Square – Avvio’s new UK base is twice as big as the company’s previous residence and reflects … Continued

Avvio wins Best Use of Technology Award

Avvio have again been recognised for their contribution to cutting edge technology in the hospitality industry after winning the Best Use of Technology Award at the 2018 Serviced Apartment Awards in London. Avvio CEO Frank Reeves “We were presented with the Best Use of Technology accolade at the 2018 Serviced Apartment Awards in London, and I was there … Continued

Avvio’s Frank Reeves discusses the impact of AI

Avvio Co-founder and CEO, Frank Reeves discusses the impact of AI on improving hotel booking rates on the travel technology show. Avvio recently launched Allora, the worlds first booking platform powered by artificial intelligence.

Avvio named as Ireland’s most innovative supplier at industry awards

Calculus portfolio company Avvio has been recognised as Ireland’s most innovative supplier at the Gold Medal Awards, the leading independent awards programme for the Irish hospitality industry. Furthermore, Tech Ireland has announced that they will be tracking Avvio as an Irish Artificial Intelligence company. This recognises the strength of the technology underpinning the Avvio product, the qualification of … Continued

Avvio launches world’s first AI-powered direct booking platform

Avvio, a world-class booking engine provider for hotels, has announced the launch of a direct booking platform powered by artificial intelligence (AI). The platform, named Allora, is launching in October 2017 and will be the first direct booking platform powered by AI in the world. Allora will give hotels who partner with Avvio an insight … Continued

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Important Information

The investments referred to in this website are not suitable for all investors. Calculus Capital Limited is not able to give advice to prospective investors about the suitability of the investments. Prospective investors are recommended to seek specialist tax and financial advice before investing in the Calculus EIS Fund or Calculus VCT.

An investment into the Calculus EIS Fund of Calculus VCT may only be made on the basis of reading in full the information set out in the relevant Information Memorandum or prospectus.

When investing, your capital is at risk. The value of shares and income from them may go down as well as up and despite the tax relief you may not recover the amount originally invested. An investment in smaller and unquoted companies carries a higher risk than many other forms of investment. Shares in unquoted companies are not readily marketable. You should not invest in an EIS or VCT unless you can afford to lose some or all of your capital.

An EIS or VCT investment is only appropriate for investors with a medium to long term investment horizon; the timing and extent of realisation cannot be predicted and may extend beyond five years. It is not possible to allow a partial withdrawal of your investment. You may request a total withdrawal, but since many investments made will be in unquoted companies, this may not be possible. Withdrawal within three years for the EIS and five years for the VCT would lead to repayment of any tax reliefs received.

The tax benefits available depend upon your individual circumstances and these benefits may change dependent upon future legislation.

This site uses cookies as described in our Cookie Policy. By continuing to browse this site you are agreeing to our use of cookies.

I have read and understood this important information

Important Information

The investments referred to in this website are not suitable for all investors. Calculus Capital Limited is not able to give advice to prospective investors about the suitability of the investments. Prospective investors are recommended to seek specialist tax and financial advice before investing in the Calculus EIS Fund or Calculus VCT.

An investment into the Calculus EIS Fund of Calculus VCT may only be made on the basis of reading in full the information set out in the relevant Information Memorandum or prospectus.

When investing, your capital is at risk. The value of shares and income from them may go down as well as up and despite the tax relief you may not recover the amount originally invested. An investment in smaller and unquoted companies carries a higher risk than many other forms of investment. Shares in unquoted companies are not readily marketable. You should not invest in an EIS or VCT unless you can afford to lose some or all of your capital.

An EIS or VCT investment is only appropriate for investors with a medium to long term investment horizon; the timing and extent of realisation cannot be predicted and may extend beyond five years. It is not possible to allow a partial withdrawal of your investment. You may request a total withdrawal, but since many investments made will be in unquoted companies, this may not be possible. Withdrawal within three years for the EIS and five years for the VCT would lead to repayment of any tax reliefs received.

The tax benefits available depend upon your individual circumstances and these benefits may change dependent upon future legislation.

This site uses cookies as described in our Cookie Policy. By continuing to browse this site you are agreeing to our use of cookies.

I have read and understood this important information