United States
Corum Client EleVia Acquired by Battery Ventures and Newforma
United States
Corum Client EleVia Acquired by Battery Ventures and Newforma

About the transaction

EleVia delivers and supports software that facilitates key financial and operational processes for the architectural and engineering markets with software modules for electronic invoicing, payables approval and tracking, A/R management and collections, forecasting, and more. These modules improve cash flow, automate tasks, improve productivity, reduce operating costs, and provide valuable insight into project performance and profitability.

The acquisition expands Newforma’s footprint in the AECO market with connectors to additional industry applications, enabling a more complete offering for architecture and engineering design organizations.
 

Read more about the transaction

Transaction assisted by

Rob Griggs's photo

Rob Griggs

Executive Vice President
Lonnie Schilling's photo

Lonnie Schilling

Vice President