2020 in review

December 23, 2020

It’s been a tough year, and enough has been said about the negatives. So, I’m going to focus on some of the positive aspects.

Investment

We raised a $750K round of funding in the middle of the year to go faster. This brings the amount we have raised to date to a smidge under $1 million AUD. For that, we are extremely grateful.

Thank you to Black Nova Group, SpringCapital, Antler, CyRise, and our coalition of angel investors.

Customers

Our first customers signed on earlier in the year. And while the middle of 2020 was slowed down by the pandemic, the third quarter saw a significant uptick of activity from organisations that were finally able to get going again. As a result, we’ve been able to onboard quite a number of additional organisations into production during the second half of 2020.

Thank you to all our customers for actively supporting sovereign Australian cybersecurity capability.

Solution

We run on a monthly release cycle. And we seriously sprint to do it. I’m proud of the amount of capability we’ve added this year. The one common comment that everyone who has seen our platform has made is this.

“You’ve managed to build an impressive array of capabilities in such a short amount of time; I’d only expected to see a fraction of what you’ve shown me.”

Team

We’ve more than doubled our team. And everyone on our team is great at what they do. We will continue to expand in 2021 and bring in more talent. I’m extremely grateful that the Avertro team has chosen to be on this journey and that we are all aligned on our goals.

2021

We head into 2021 with a pandemic that is still raging in some parts of the world, but with a real sense of optimism.

We’ve learned to live in the new normal and become more resilient as a result. I’m thankful that our team and our customers remain safe, healthy, and driven to do better. To be better.

The Avertro team sincerely wishes everyone a safe, healthy holiday season, and a happy new year.

Let’s go make 2021 great!


Ian Yip

Founder/CEO
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