Battery Ventures/Newforma - EleVia

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.