# Avvir

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

- Industry: Software
- Headquarters: US
- Website: www.avvir.io
- Total disclosed funding: $13M
- Latest round: Series A (Mar 26, 2021)
- Investors on record: 7

## About

Avvir, Inc. delivers innovative technology solutions that enhance operational efficiency and streamline workflows across various industries, leveraging advanced software and machine learning to optimize processes and data management.Founded in 2017 and headquartered in the United States, Avvir, Inc. specializes in technology solutions that streamline workflows for industries like healthcare and logistics. The company has secured a total of USD 10.00 mn in Series A funding, led by Trust Ventures, with participation from Khosla Ventures, MetaProp, and Tekfen Ventures. The latest funding round occurred on March 26, 2021, bringing the total amount raised to USD 10.00 mn and achieving a current company valuation of USD 40.00 mn. The CEO, Raffi Holzer, leads the company toward enhancing its technology offerings.Avvir, Inc. specializes in providing innovative technology solutions to enhance operational efficiency across various industries. Their core offerings include a sophisticated software platform that integrates machine learning with user-friendly interfaces, enabling businesses to optimize data management and analytics. Key sectors served include healthcare, finance, and logistics, focusing on use cases such as predictive analytics and inventory management. Their products have been implemented in North America, Europe, and Asia, catering to a diverse clientele from small to mid-sized enterprises to large corporations.Avvir, Inc.'s revenue model follows a subscription-based structure, allowing clients to access software solutions on a recurring basis. Clients partner with the firm to subscribe to service tiers tailored to their operational needs, with pricing plans reflecting varying levels of functionality and support. The company's flagship products command premium pricing due to their advanced capabilities, fostering long-term client relationships and generating consistent revenue streams.In March 2021, Avvir, Inc. raised USD 10 million in Series A funding, which will be utilized to expand its workforce and enhance its technology platform. The company is targeting growth by designing new products and expanding into additional markets, although specific new products and regions for expansion have not been disclosed. The recent funding supports initiatives aimed at improving technology and operational capabilities, which may facilitate further market penetration.

## Funding rounds

- Series A, Mar 26, 2021, $10M — Khosla Ventures, MetaProp, Tekfen Ventures, Trust Ventures
- Seed, Jul 9, 2019, $2.5M — Khosla Ventures, LocalGlobe, MetaProp
- Seed, Jan 2, 2019 — Khosla Ventures, LocalGlobe, MetaProp, Stacked Capital
- Seed, May 15, 2018 — Urban-X

## Investors

- Urban-X (https://capitalatlas.ai/funds/urban-x) — Seed
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Seed, Series A
- LocalGlobe (https://capitalatlas.ai/funds/localglobe) — Seed
- MetaProp (https://capitalatlas.ai/funds/metaprop) — Seed, Series A
- Stacked Capital (https://capitalatlas.ai/funds/stacked-capital) — Seed
- Tekfen Ventures (https://capitalatlas.ai/funds/tekfen-ventures) — Series A
- Trust Ventures (https://capitalatlas.ai/funds/trust-ventures) — Series A