Addie Lerner Katz

Founder & Managing Partner @AvidVC. Formerly @gcvp @generalatlantic @goldmansachs. Active member of @AllRaise. Proud @Princeton tiger.

[Addie Lerner Katz @addielerner]

Announcing @AvidVC's $87M Fund II! I am so proud of our special team & the portfolio of inspiring founders we have built and incredibly grateful for the support of our LPs, co-investors, & advisors. Thank you for believing in & betting on us!

https://t.co/3sahsDBXZd

[Basis @trybasis]

https://t.co/MdmfhgOdZV

[Addie Lerner Katz @addielerner]

I am so excited to welcome @ZeezaCole to the @AvidVc team as a Partner and to congratulate @talivog on her promotion to Partner!

Zeeza & Tali are forces of nature & unbelievably dedicated to their founders. We are lucky to have Zeeza join us & thrilled to double down on Tali :)

[Addie Lerner Katz @addielerner]

Congrats Matt, Mitch, and all of @trybasis !! Very excited to see what you and your special team build and to be your partners along the way

[Basis @trybasis]

We’ve raised $34m to accelerate our goal of equipping every accountant with a team of AI agents.

Led by Keith Rabois at Khosla Ventures with Nat Friedman & Daniel Gross and continued participation from Better Tomorrow Ventures, BoxGroup, and Avid Ventures.

Excited to also welcome:
Aaron Levie, Adam D’Angelo, Amjad Masad, Azeem Azhar, Clem Delangue, Claire Hughes Johnson, Jack Altman, Jeff Dean, Jeff Wilke, Kyle Vogt, Larry Summers, Lenny Rachitsky, Michele Catasta, Noam Brown and others

[Addie Lerner Katz @addielerner]

@pitdesi @AvidVc Thank you @pitdesi !! Yes please!

[Addie Lerner Katz @addielerner]

Announcing @AvidVC's $87M Fund II! I am so proud of our special team & the portfolio of inspiring founders we have built and incredibly grateful for the support of our LPs, co-investors, & advisors. Thank you for believing in & betting on us!

https://t.co/3sahsDBXZd

[Addie Lerner Katz @addielerner]

@Vintage_Inv @AvidVc Thank you, @Vintage_Inv!! We love working with Abe and the full Vintage team at @AvidVc

[Addie Lerner Katz @addielerner]

Congrats to @Thatch_ai on an exciting Series A!

So excited to be further backing Chris & Adam as @AvidVc partners with our close friends @IndexVentures, @generalcatalyst, & @a16z to help companies offer their employees better health benefits with more choice at lower cost

[Thatch @thatch_ai]

Thrilled to announce our $38M Series A led by @generalcatalyst and @IndexVentures , with participation from @a16z , @AvidVc, and @thegp!

[Addie Lerner Katz @addielerner]

Congrats @neckelthomas and team Fragment @LedgerAPI !! Thrilled to be your partners on this journey along with so many great friends around the table. Let's go fix fintech payments 💪

[thomas neckel @neckelthomas]

Fintech has a ledger problem. We raised $9 million from @stripe , @BoxGroup and angels like @zachperret , @cjc ,@gokulr , @jaltma, @Emiliechoi__ and @thefintechfund to solve it.
https://t.co/VLDFc6jvyL

[Sheel Mohnot @pitdesi]

Portfolio company @coastpayments is like Ramp or Brex, but for fleet owners.

It started out as a card for fuel, but now 30% of new customer spend is non-fuel… it’s the commercial card of choice for 1000s of real businesses.

Delighted to add @ICONIQGrowth to the squad. 🎉

[Addie Lerner Katz @addielerner]

Congrats @mrdksimon & @coastpayments on this Series B! @AvidVc is thrilled to be your partner on this important journey to serve real-world service fleets w/delightful financial services products. Welcome @ICONIQGrowth to the team!

Thanks to @bayareawriter for the great piece!

[Coast @coastpayments]

Since we introduced @Coast's cutting-edge expense management platform and charge card, we’ve seen the outsize impact of these tools.

Today, we’re excited to share that Coast has raised a $40M Series B, led by @ICONIQGrowth.

Read more from @mrdksimon : https://t.co/8EiBr7lRTF

[Coast @coastpayments]

Since we introduced @Coast's cutting-edge expense management platform and charge card, we’ve seen the outsize impact of these tools.

Today, we’re excited to share that Coast has raised a $40M Series B, led by @ICONIQGrowth.

Read more from @mrdksimon : https://t.co/8EiBr7lRTF

[Addie Lerner Katz @addielerner]

Congrats @magnus_majority & Johan!! We love working with you and the entire @thisismajority team!

[Avid Ventures @AvidVc]

Since we backed @magnus_majority in @thisismajority's Seed >3y ago, the company has rapidly grown revenue (to $40M+) & subscribers while delivering on its mission to empower migrants in the U.S. Very excited to announce our additional investment! https://t.co/vzD542ZAjM

[Addie Lerner Katz @addielerner]

Congrats @mrdksimon + @coastpayments! This @AvidVc Double Down investment makes Coast one of Avid's largest positions. Looking forward to all that is to come from this special team building a magical product for real-world fleets @bayareawriter @TechCrunch https://t.co/ALdTHhTQqG

[Jeff Morris Jr. @jmj]

The TikTok War: Why High School & College Kids Are Getting The Wrong Information about Hamas & Israel

I spent the weekend trying to reverse engineer the TikTok algorithm, as I am convinced this is the reason we're losing the information war with high school & college students.

[shira @shiraeis]

According to a Harvard poll, 51% of Americans ages 18-24 believe Hamas was justified.

I’d like to see the breakdown of where they get their news and how much of it is from TikTok.

Genuinely fearful for the state of America in about 20 years.

[Addie Lerner Katz @addielerner]

#BringThemHome

[NBA @NBA]

As we tip off the 2023-24 NBA Season at Ball Arena, we are flying 10 American flags to honor the Americans currently being held hostage as a result of the terrorist attacks in Israel.

Our thoughts are with these individuals, and their families, and we hope for a peaceful resolution for all in the region.

[Addie Lerner Katz @addielerner]

#BringThemHome

[New York Giants @Giants]

Today, we are flying flags in 10 empty seats in MetLife Stadium to honor the Americans currently being held hostage.

These hostages were just 10 of the 200 kidnapped during the terrorist attacks on Israel on October 7.

[Addie Lerner Katz @addielerner]

We at @AvidVc are excited to share our investment in @trybasis alongside @boxgroup + @btv! We knew we wanted to back Matt + @mitch_troy after our first conversation. Having a team of AI assistants to take on core workflows is a no brainer for accountants

[Mitchell Troyanovsky @mitch_troy]

1/ After months of stealth, excited to unveil @trybasis, the AI platform for accounting firms

With our 3.6m in seed funding led by @btv_vc  alongside @BoxGroup, @AvidVc, several top accounting firms, and leaders from the accounting and machine learning communities.‍

👇

[Addie Lerner Katz @addielerner]

Congratulations @MishaEsipov. So proud of you and @nova_credit and your incredible perseverance. You inspire me. Proud that you were our first ever investment at @AvidVc

[Misha Esipov @MishaEsipov]

@nova_credit announced some 🎉big news 🎉 today, and rather than tell the typical “up and to the right” story 📈, I thought I’d share a more honest take (seeped in 🚢 metaphors) on how we got here.

My first ever 🧵...
https://t.co/CyT5ExNNKI

[Addie Lerner Katz @addielerner]

Proud to be a part of an organization like @AllRaise that unequivocally condemns terror and the horrible atrocities committed by Hamas. Thank you @PaigeHBuckner for standing up and speaking out.

[All Raise @AllRaise]

We stand in solidarity with the Jewish community, and the people of Israel, and condemn the horrific terrorist attacks perpetrated by Hamas. /1