Profile
Avid Ventures is a venture capital firm based in New York, United States, founded in 2020. The firm is led by Addie Lerner Katz, who brings extensive experience from her previous role at General Catalyst. Avid Ventures is known for its hands-on and bespoke approach to scaling growth engines of transformative companies, often acting as a strategic partner to its portfolio companies.
The firm primarily invests in early-stage startups, focusing on sectors such as fintech, SaaS, AI, and consumer services. Avid Ventures typically writes checks ranging from $0.5 million to $8 million, participating in Seed to Series B+ rounds. The firm invests across the USA, Europe, and Israel, with a total AUM of $68 million for its Avid Ventures Fund I, which closed in 2020.
Notable investments by Avid Ventures include Rapyd - a financial software company, Oyster - a business productivity software provider, and Balance - a financial software firm. These companies highlight Avid's focus on fintech and software sectors, showcasing its commitment to supporting innovative solutions in these industries.
Industry
Avid Ventures Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Avid Ventures Fund I
|
Venture Capital (VC)
|
North America
|
$1-5 m
|
$68 M
|
January 2020
|
Contacts
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