AvePoint, Inc.

AvePoint keeps Microsoft 365 data safe and under control. The company launched in 2001. It runs out of Jersey City, New Jersey, and went public in 2021.

Picture a hospital that lives inside Teams, SharePoint, and OneDrive. Files multiply every day. Permissions drift. Sensitive records end up shared with the wrong people. This is the mess AvePoint cleans up. Its Confidence Platform handles backup, migration, and governance for all that content.

The platform does a few clear jobs. It backs up M365 so a bad click or a ransomware hit does not wipe critical files. It moves old file shares and Google Workspace into Microsoft. It flags oversharing and locks down data that should stay private. A newer layer helps teams get their content ready for AI tools like Copilot.

AvePoint sells mostly to IT and security teams. A large slice of revenue flows through managed service providers. Those partners resell the platform to thousands of smaller businesses. That channel gives AvePoint reach it could never build on its own.

Revenue runs a little above $300 million a year. Gross margins sit in the mid-70s. More than 20,000 organizations use the product, from tiny firms to big public agencies. In my view AvePoint wins by going deep on one ecosystem instead of spreading thin across many.