# Avarra

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/avarra

- Industry: Software
- Headquarters: San Mateo, US
- Website: www.avarra.ai
- Total disclosed funding: $25M
- Investors on record: 8

## About

Based in California, US, and founded in 2023 by CEO David Knight, COO Matt Huang, Scot McIntosh, and Chris Iezzoni, Avarra LLC, a.k.a. Avarra, operates as an enterprise avatar and AI-simulation company that focuses on developing an application that simulates client sales interactions using realistic 3D AI avatars that are taught from web meeting transcripts and best practice playbooks. In October 2024, Avarra raised USD 8 million in seed funding led by Lightspeed Venture Partners, with participation from GTM Fund and Firsthand Alliance.

Avarra offers AI-powered simulations that use interactive avatars trained in real meeting data to replicate customer sales calls. These simulations allow sales professionals to practice handling objections, refine pitches, and improve their performance by simulating real-world scenarios. The platform automates simulation creation from meeting recordings and product materials, offering faster and more consistent training. Avarra’s solution helps sales teams improve their skills, reduce manual training efforts, and increase productivity. Additionally, the system allows businesses to onboard new hires, accelerate product launches, and implement best practices.

The company plans to use its proceeds from October 2024 funding to scale its product to meet customer demand.

## Funding rounds

- Round, Oct 12, 2026, $17M — Alumni Ventures, Draper Associates, Duration Ventures, GTMfund, Lightspeed Venture Partners, Zoom
- Seed, Oct 3, 2024, $8M — Lightspeed Venture Partners, Firsthand Alliance, GTM Fund

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Seed
- Firsthand Alliance (https://capitalatlas.ai/funds/firsthand-alliance) — Seed
- GTM Fund (https://capitalatlas.ai/funds/gtm-fund) — Seed
- Alumni Ventures
- Draper Associates
- Duration Ventures (https://capitalatlas.ai/funds/duration-ventures)
- GTMfund (https://capitalatlas.ai/funds/gtmfund)
- Zoom