# Avocode

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

- Industry: Internet
- Headquarters: Wilmington, US
- Website: www.avocode.com
- Total disclosed funding: $1M
- Latest round: Seed (May 17, 2016)
- Investors on record: 6

## About

Avocode, Inc. provides software solutions that streamline the design-to-development workflow for creative teams, enhancing collaboration and efficiency in digital product delivery.Founded in 2015 and headquartered in Wilmington, US, Avocode, Inc. operates as a software company that simplifies the design handoff process for teams. The company was co-founded by Martin Duris, Petr Brzek, Santiago Mattiauda, and Vu Anh, who has a background in technology and entrepreneurship. Since its inception, Avocode has undergone strategic changes, including an acquisition in October 2020, where it was acquired by Ceros, Inc. from various investors, including 500 Global and Kima Ventures. The company has raised a total of USD 1.00 mn, with its latest round being a Seed round in October 2021, attracting investors like 500 Global, Kima Ventures, Phase4 Partners, Reflex Capital, TSVC, and Wisemont Capital.Avocode, Inc. offers tools designed to facilitate the creation and management of design files, making it easier for teams to collaborate. The platform allows users to seamlessly integrate feedback mechanisms on digital formats, optimizing marketing strategies for businesses primarily in North America and Europe. As of October 1, 2023, Avocode has transitioned from its previous offerings, moving towards more innovative digital solutions that cater to designers and marketing teams looking to enhance their engagement strategies.Avocode generates revenue through subscription models aimed at a diverse client base, including B2B and direct-to-consumer transactions. Clients typically subscribe to tiered pricing plans that include advanced design capabilities, analytical tools, and customer support services. These offerings enable organizations to enrich their digital presence while gaining insights into consumer behavior, supported by partnerships across multiple sectors seeking to leverage Avocode's capabilities.Avocode plans to expand its portfolio with upcoming product launches, focusing on innovative solutions to further enhance the design-to-development workflow, with specific release dates to be announced. The company is targeting expansion into new markets across Europe and Asia by 2024, aiming to capitalize on growing demand for its services in these regions. Additionally, the recent Seed funding round of USD 1.00 mn will support these initiatives, including the development of new product features and market entry strategies.

## Funding rounds

- Seed, May 17, 2016, $1M — Phase4 Partners, 500 Global, Kima Ventures, TSVC, Reflex Capital, Wisemont Capital

## Investors

- Phase4 Partners (https://capitalatlas.ai/funds/phase4-partners) — Seed
- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Seed
- TSVC (https://capitalatlas.ai/funds/tsvc) — Seed
- Reflex Capital (https://capitalatlas.ai/funds/reflex-capital) — Seed
- Wisemont Capital (https://capitalatlas.ai/funds/wisemont-capital) — Seed