Artificial Intelligence
AvePoint Plans $100M Acquisitions to Reach $1B Goal
And AvePoint CEO TJ Jiang tells me the data management company is targeting acquisitions of as much as $100 million apiece as it moves toward $1 billion in annual recurring revenue by 2029. AvePoint ended 2025 with $419.5 million in total revenue (+27%) and had $430 million in cash after six smaller transactions. It’s growing off the back of increasing corporate demand for data governance tools required before AI assets can be unleashed. AvePoint is also listed on the Singapore Exchange, where it is the largest software company by market capitalization.
AvePoint expects to make acquisitions of up to $100 million apiece, aiming for $1 billion in annual revenue by 2029. It has the financial support of $430 million in cash and increasing demand from companies with data that must be cleaned before AI use.
Key Highlights
- AvePoint CEO TJ Jaing says the company is seeking to acquire businesses with a valuation of up to $100 million
- The goal is to reach $1 billion in annual revenue by 2029.
- The company earned $419.5 million in 2025, which is a 27% increase over the previous year.
- AvePoint is sitting on $430 million in cash.
AvePoint Is Poised for Larger Transactions
AvePoint is actively seeking to purchase other businesses with deals of up to $100m eyeing according to the CEO TJ Jiang. The company has already made six smaller acquisitions and is now looking to go big. It has $430 million in cash on hand to do so.
The Company Is Expanding Quickly and Wants to Expand Even More
AvePoint had total revenue of $419.5 million in 2025, a 27% increase year on year. Its subscription business grew 38% to $319.2 million alone. The company ended the year with 826 clients paying at least $100,000 a year, 298 paying over $250,000 and 31 spending more than $1 million.
It was the company’s 11th straight quarter of double-digit growth. For 2026, it projects generating between $525 million and $531 million in annual recurring revenue, a further 27% increase. And the big main 2029 target is $1 billion.
Why Companies Are Going To Need What AvePoint Sells
AvePoint produces software designed to help companies manage their data securely and in an orderly fashion across such products as Microsoft 365, Google and Salesforce. As more companies rush to harness AI, they continue to face the same challenge: their data is messy and not prepared for it.
AvePoint’s own research found that 75% of companies using AI experienced a data security incident in the previous year. Another 58% had postponed their AI initiatives because their data was not in good enough shape. AvePoint fixes that. Recently, it released a new tool called AgentPulse that allows companies to monitor AI running within their business.
Singapore plays a big role in its plans
In September, AvePoint listed on the Singapore Exchange (SGX), becoming both the first B2B software company to trade there and the first company ever to simultaneously be listed on both Nasdaq and SGX. The Singapore listing was oversubscribed by more than three times.
It has over 500 staff in Singapore and uses it as its Asia base. One of its backers is Temasek’s investment arm, 65 Equity Partners. AvePoint is just among many software companies in the US, Jiang has also argued that in Asia AvePoint is the largest listed software company on the exchange and he plans to grow that position by buying new businesses as well as growing its existing ones.
FAQs
- What kind of deals is AvePoint looking to do?
For acquisitions with transaction sizes up to $100 million. It’s sitting on $430 million in cash and has already made six smaller deals.
- What drives demand for AvePoint?
Companies racing to deploy A.I. first need clean and well-managed data. AvePoint helps them get there.
- Where is AvePoint listed?
On Nasdaq in the US and on the Singapore Exchange, the first company to simultaneously list on both.
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