# Avoma

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

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.avoma.com
- Total disclosed funding: $15M
- Latest round: Series A (Dec 22, 2021)
- Investors on record: 12

## About

Based in California, US, and founded in 2017 by its CEO, Aditya Kothadiya, CTO, Devendra Laulkar, and co-founder Albert Lai, Avoma, Inc. operates as an artificial intelligence-based meeting assistant. In December 2022, Avoma, Inc. raised USD 12 million in series A funding led by Headline, with participation from Global Founders Capital and Industry Ventures. As of 2021, the company has helped 300 customers and 10,000 professionals by saving multiple hours per week. The company has a team of 15 people across the US and India. 

Avoma, Inc.'s software offers meeting management, meeting assistant, meeting collaboration, and meeting intelligence. It provides features such as creating and sharing purpose-based meeting templates, note editors, augmented notes, automatically recording the audio and video of meetings, tracking key business signals, creating a snippet, and creating playlists of best moments. The company's client base includes Build Zoom, Everlaw, Onfleet, Forethought, and MoEngage.

Avoma, Inc. generates revenue through its software subscription packages, which are available monthly, with the starter plan for USD 15, and the plus package for USD 35.

Avoma, Inc. will use the series A funding for three pillars: AI, user interface, and workflow integrations. It will also invest in product development so the tool provides a good user experience that has low friction. and in the development of its AI assistant and its integration into a company’s existing systems.

## Funding rounds

- Series A, Dec 22, 2021, $12M — Storm Ventures, Industry Ventures, Headline, K9 Ventures, Global Founders Capital, Dragon Capital, Twin Ventures, Operator Partners, Zoom Apps Fund
- Seed, Jan 7, 2020, $3M — K9 Ventures, TSVC, HubSpot Ventures, Dragon Capital
- Seed, Jun 5, 2019 — Dragon Capital, Invariantes Fund

## Investors

- Dragon Capital — Seed, Series A
- Invariantes Fund (https://capitalatlas.ai/funds/invariantes-fund) — Seed
- K9 Ventures (https://capitalatlas.ai/funds/k9-ventures) — Seed, Series A
- TSVC (https://capitalatlas.ai/funds/tsvc) — Seed
- HubSpot Ventures (https://capitalatlas.ai/funds/hubspot-ventures) — Seed
- Storm Ventures (https://capitalatlas.ai/funds/storm-ventures) — Series A
- Industry Ventures (https://capitalatlas.ai/funds/industry-ventures) — Series A
- Headline (https://capitalatlas.ai/funds/headline) — Series A
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Series A
- Twin Ventures (https://capitalatlas.ai/funds/twin-ventures) — Series A
- Operator Partners — Series A
- Zoom Apps Fund (https://capitalatlas.ai/funds/zoom-apps-fund) — Series A